34 installments • 76%
I am a Kenyan citizen of age 36years. I completed my secondary school successfully then later pursued Diploma in Community Development. I am third born in house of 6 children. Of all my siblings I am the one with high business acumen moreso dealing in Livestock (raring chicken), I started this when I was in high school where I started with 2 chickens. I carried the same concept to my marriage and I do love birds business. Today I am a mother of 2 girls and happy to be still keeping chickens for eggs and white meat supplying to hotels and walk in clients.
My Business is Addah's Chicks. I deal with chicken (local). I started with only 2 and today i have over 20 chicken being reared on a free range basis. I have a spacious compound thus very convinient for my business. I buy chicken from the rural wholsalers then inturn sell to my clients who are majorly hotels, friends, and referral clients. With my widening scope in this business, I even supply chickens for various accasions and functions like weddings, birthdays e.t.c.
I chose this buiness because of passion and the minimal cost involved in rearing the chicken, which are easy to sustatin and as a result increases my revenue. I get 1 adult chciken from the wholesalers at Kshs 250 (USD 3), and I re-sell at approximately Kshs 500 (USD 6). My monthly revenue is not fixed but it is roughly Kshs 2500 (USD 294). I use the profits to pay for school fees for my children, paying household bills and food among others
I intend to expand the space for my chicken so that i can keep more broilers and layers which will definately mean more business. I will buy 10 iron sheets (Gauge 35) 3m by 1m @ Kshs 600(USD 7) which amounts to Kshs 6000 (USD 71) then, 33metres wooden planks 1in x 1in x 3m @Ksh 85 (USD 1) which is equals to kshs 2805 (USD 33 )
The nails and labour are readily available as my husband will help me with that, I will expand the housing to about another 30 chickens which will breed and resell at about Kshs 15000 (USD 176) and also get more eggs for sale on the side, I will be able to meet my clients re-order level and gradually increase the number of birds in my flock. My family, friends and relatives will have access to readily available white meet from me
Feb 5, 2015
Cost to entrepreneur
Lender interest: $100.38 at 7.70% annual rate over 7 months = $5.12
Service fee: $2.30
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