Buying another 'she goat' for my livestock farming project

Jackson

Nakuru, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Jackson

Member since

February 2015

On-time repayments

136 installments • 14%

About Me

I was born in Kenya, Nakuru county, Bahati constituency. I sat for my Kenya Certificate of Secondary Education in the year 2013. I am the third born in a family of seven with both parents. I got employed by a village my neighbor where he has rared so many chickens, cows, sheep and goats and that's where I got the idea of raring poultry and livestock at my home and and from my savings I began with chickens. Maili Sita is a unique place near Menengai Crater, and as result tourists in and outside Kenya visit the area oftenly. During my free time I do research on animals and I like watching wild animal programmes and movies.

My Business

I rare, buy and sell chickens and i also sell eggs. I also have some few goats like the one in the profile picture. I decided to specialize in this type of business because I have the experience from where I am employed. I manage to sell about one hundred eggs per week and i sell each egg at ksh10 at a wholesale price, I have forty chickens and from the sale of eggs i get ksh4000 per month and I sell one cock at ksh1200 and ksh700 per hen. In addition to my salary of USD200 that is ksh18,000 i manage to cater for the monthly cost of USD20 that is ksh2000 including layers mash(chicken's food) to improve their production and their health. I reinvest my profits by buying more chicks and their food to keep the business going and as time goes by I will start investing in another area of Livestock and buy some sheep and goats then some cows.

Loan Proposal

I am going to buy another 'she goat' costing USD50 that is ksh4,000 so that I can proceed with my livestock raring project, I have decided to start with goats since they mature and breed faster, and within a short period of time I will be able to buy some cows for milk and meat production. My project will benefit my community since I have a plan to start a bull fighting show after all the success with your help. Thank you very much.