Buying and rearing chicken

Thomas Mboya

Teachers Estate, Kenya

100% repaid

Entrepreneur

Name

Thomas Mboya

Member since

February 2015

On-time repayments

180 installments  •  44%

About Me

I am Thomas Mboya, born in the year 1969 in Kenya in a town known as Malaba close to the border of Kenya and Uganda. Our family is of ten children, six girls and four boys. I am the second born in our family. We shifted to Nakuru where I did my schooling, both Primary and High School. I completed high school in the year 1988. Our childhood had a lot of challenges in that our parents income was not enough and that forced us to do some manual work when the schools closed. I am married with five children, all boys.

When our boys were still young, life was not so difficult but as they started joining high school is when things started becoming tough. I had to think of some ways that can supplement my income and that is when I thought of this business. I decided to buy fifty chicks layers, but most of them did not survive because of diseases and I was so inexperienced in the same field. I remained with twenty hens and since then I have gone to seminars that has taught me how to manage poultry. Currently I just have a few eggs that I am selling and with some financial support on the same I know I can project i know I can comfortably afford my children's education without much strain.

My first born would like to be Engineer while the second born would like to be a Lecturer in the university. The rest as still young and have not yet decided on the career that they want. In my free time, I like reading books.



Two of them are

My Business

Am a poultry farmer who sells the few eggs that we get. People will always be in need of eggs, I even don't have enough to supply to neighbors. I chose this business because even a poor person can afford to buy an egg for the child. Along with the challenges that accompany this business, if you master it, then you can easily make a good amount of money.

I have discovered if you have a few chickens, the cost of production is very high. You need a good number because even most vaccines are in one hundred doses or two hundred. The more birds you have the lower the production cost. For the twenty birds I use an average of 1.5 kg. of layer mash costing Kshs. 60/-and I get an average of 12 eggs per day @ Kshs. 10 per egg with a sales total of Ksh. 120/-. Leaving me with a profit of Kshs. 60/- per day. At times we have some other expenses of medicines and other few supplement.

in addition to poultry production, i want to start dairy goat keeping having realized that goats milk is very nutritious and costly. this would give me more income hence ability to pay my loans on time.

The little I get it helps us with the school fees especially the young boy who is in nursery school. If I can get finances to increase the number of birds, then I know the income will be more than enough to make our life easy and continue investing for a brighter future.

Loan Proposal

I will use my loan as follows;
50 Day old chicks @ USD 1.25 = 62.5
Feed (chick starter) 1 bag @ USD 28.4
Vaccines and antibiotics @ USD 11.36

Total is USD 102.26

This extra income will be of great assistance in increasing my stock because my target is to have at least 500 layers. A small journey begins with one step and am willing to grow step by step and with the help of Zidisha, I know I will attain my target.

My profit will double from what am getting from my twenty layers because I will have 50 birds.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Feb 24, 2015

Repayment status

On Time

Projected term

5 months

Lenders

P

Philippe

Adliswil, Switzerland

Zidisha

Sterling, United States

T

tonilends

catalonia is not:, Spain

L

lilbsedz

Raleigh, United States

T

Tui1974

nuenen, Netherlands

HMS_5th_Grade

Honolulu, United States

C

chrono

Toronto, Canada

A

amish

San Francisco, United States

N

Navigator

Alavus, Finland

larsandanika

Langen, Germany

S

smetis

Kananaskis, Canada

FriendinOregon

Hillsboro, Oregon, United States

P

Pavane

Kungsbacka, Sweden

W

wilma95

napa, United States

T

ThereIsNoGod

Singapore, Singapore

A

andprosper

World Peace, United States

somuchjackson

Boston, United States

C

Catch22

The Colony, United States

R

rosebo

Bend, United States

H

happytrailsjpd

South Bend, United States

M

markus61

cologne, Germany

G

GreenMoney

Lahr, Germany

F

frazier

rock springs, United States

S

SanderBeckers

Brussel, Belgium

Paul Buchheit

Mountain View, United States

mepster

San Francisco, Ca, United States

Paul Buchheit

Mountain View, United States

Ask Thomas Mboya a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...