Buying materials for the construction of a chicken coop

Mdoe

Nakuru, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Mdoe

Member since

July 2014

On-time repayments

290 installments • 44%

About Me

Am a young man aged 31 years old.am a third born of six members of our family.our family is made up of seven menbers,six children and the mother.My father passed away in 2002.
I live in kenya at nakuru town.
I am a teacher by profession working at mission in action school.
i went through my primary school at githima primary in kuresoi.in 2001 i joined rift valley adventist secondary school untill 2004.
I later progressed to kamagambo teachers college in 2007 and graduated in 2009.
Am currently a4th year student at Kentatta university.
i like travelling,listening to music and watching movies.
am soo poor in choosing a meal to cook for dinner.

My Business

POULTRY FARM
I have 630 layers.
I collect a minimum of 18700 eggs per month converting to 623 crates each selling at $3.In total it earns me a total of $1870
The eggs produced are of good quality and therefore prefered by my customers.Apart from this eggs are in high demand in my town of residence.
The project expenses per month is as follows:
Food 2000kg $880
Medication $100
Electricity bill $10
Caretacker $50
Transport $50
Others $50
TOTAL $50
Profit $1190
Challenges.
The breaking of eggs during packing and transportation.
incase of a disease a hen is lost

Apart from the poultry farm i conduct private coaching where i attend to an average of 30 students in a month.Every student pays a fee of $5 monthly adding up to $150.The tution runs from 5.30pm-8.00pm every Monday-Friday.This is after am done with the employed work.

Loan Proposal

I have 100 three week old chicks that am currently bringing up in one of my rooms.This loan will help me expand the poultry house that I now have so that I may transfer the chicks after the 4th week.the loan will help me purchase the materials as follows:
2kg nails for $4
6 Ironsheets for $31.57
2 wiremesh for $16.84
6 plywoods for $47.36
30 off cuts for $18.95
door hinges for $8.9
3Feeders for $15.6
Transport for tha materials for $18.2
Labour-carpenter for $17.5
TOTAL $ 178.92
The chicken coop will help me bring up the chicks that will result in increase of the number of eggs sold in a month by 3 trays.This will help me meet the market demand.The business will help my customers expand their business too.
The sale of the 3 trays will earn me a minimum of $98.94 profit.