Chicken feeds for my indigenious chicken
Lilian
Nakuru, Kenya
100% repaid
Entrepreneur
Name
Lilian
Member since
April 2014
On-time repayments
208 installments • 100%
About Me
My name is Lillian Mueni Kithuka.I come from a family of 4siblings, 2 sisters and one brother. I currently live in Nakuru town, freehold estate. I graduated from Egerton university with a bachelors degree in business management. I have a full time job as an accountant at a private firm in Nakuru town which i earn $284 on a monthly basis. I have great passion for rearing chicken and my biggest dream is to become one of the best suppliers in Nakuru town and later extend to the whole country. My side job i keep indigenous chicken for the purpose of eggs and meat. I have 100 indigenous chickens. On a daily basis i collect 70 eggs, which i sell them locally to my neighbors and nearby shops.
My Business
My source of income comes from the monthly salary I get and also through the rearing of the indigenous chicken. Many people prefer the indigenous eggs since the nutrition value is high compared to the modern chicken. I have 100 indigenous chickens which give me 70eggs daily. I prefer the breed since they are not prone to diseases. On a monthly basis i collect 1960eggs.I sell one egg @ $0.12.My typical monthly revenue from selling eggs is $235.2.My expenses include the feeds which cost $34.05.My labor is cheap since i stay with my nephew who works online and since he is always at home he looks after them and i give him a token of $22.7 in a month. My net profit on a monthly basis is $178.45.My great desire is to have a large scale commercial business in supply of indigenous eggs and chicken meat with several permanent employees.
Loan Proposal
When I get funded I will be able to buy 2 bags of chicken feeds @ $376 and the remaining $3.4 will be used for transportation.
Between the months of March to August, it rains heavily in my country. The 2 bags of chicken feed will be useful for feeding my free range chickens. In addition, it will eliminate the need for visiting the shop now and then to purchase more chicken feeds. This will ease my schedule especially with the heavy rains which end up flooding the roads making it impassable.
It will also benefit my customers since they will get to purchase the eggs and chickens for meat in good time.
The profits gained from the sale of chickens and eggs will increase since I will be able take advantage of the weather and beat my competitors who will be buying feeds in small portions. With the probability of flash floods, they might not get to the shop in good time hence it will delay the required nutrition for the chickens.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$377.00
Date disbursed
May 10, 2018
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
Houston, United States
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guenter Aug 20, 2018
trincowski Jun 19, 2017
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