Buy chicks for poultry farming

Samuel

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Samuel

Member since

July 2015

On-time repayments

70 installments  •  66%

About Me

My names are njoroge Samuel from limuru i went to mange primary school and manguo high school,i couldn't further my education because my parents lucked money to see me through my education.
At first i tarmacked not knowing what to do but after some months i settled for chick raring which i started after doing Lab our jobs in construction sites and managed to save 4500 Kenya shillings.
I began with one chick and 10 eggs which 7 hatched successfully.
the amount i used in construction of chick house which is next to my room and buying equipments and planting of kale's.
My hobbies is dancing singing and traveling my siblings would are in school,and i would like to get to a point i support their education and see them finish school.
i do chicken raring for a living which i began after high school.

My Business

MY business is raring of chicken for sale of eggs and meat,I sell two crates of eggs a day and 30 hens a week making a profit of 100 Kenya shilling per hen and 300kes per crate.In a week i make a profit of 6600 Kenya shilling which i put back to buying feeds for my chicks and savings deposit.i spend 3000ksh on different variety of feeds as i have small chicks which uses starter feeds and old ones which i feed with Kale's.
I use this profits wisely and carefully as my biggest challenge is to be in market always.

Loan Proposal

Granted 96 us dollars i will use the money to buy 96 small chicks at a cost of 1 us dollars each this will sum to 96 us dollars.
I target to supply more eggs in future with these chicks i will have increased the number of trays i will be selling once they mature.
thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$97.00

Date disbursed

Mar 8, 2016

Repayment status

On Time

Projected term

3 months

Lenders

dlpringle

Denver, United States

The Zinc Team

San Francisco, United States

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