Chicken feeds for my poultry

Entrepreneur

About Me

My name is Moses Toroitich Benson, from Eldoret Town, Rift Valley Kenya.
I currently keep 50 indigenous chickens in a little house. I collect an average of 30 eggs a day, and the demand for my products is soaring.

In August last year, I decided to take the business seriously and put up a poultry house for my chicken. I constructed a chicken house that is able to accommodate 400 chicken although it still need some little finishing as you can see from the photos I posted on my discussions page. Last month, I brought in 250 one week old chicks and are doing great so far.

My major challenge at this point is finances to feed the chicks for the next three months and to finish construction of my chicken house. I am very glad that Zidisha Lenders will help me to raise the amount needed to finance my project at this stage.

During my free time I like visiting established poultry farmers, researching on the internet, and interacting with other poultry farmers on social media.

I wish to thank Zidisha founders for coming up with this platform in order to assist entrepreneurs to access funds to start or expand their businesses.

My Business

My major source of income is from my salary from employment, having a net income of about Kshs 15,000 (£150). I also do poultry farming, having 50 indigenous chicken, which currently generate revenue of Kshs 7,000 (£70) on average per month.

My clients are individuals and retail shops who buy my eggs for breeding and consumption purposes. My products are fairly priced and that gives me a competitive edge against my competitors. The major risk and uncertainties facing my business is theft and diseases. However I have put up security measures to minimize security threat and ensured all vaccinations of my chicken against all prevalent diseases are in time.

My plan to increase my flock of chicken to 250 within the next six months has already kicked off. I have already bought all the 250 chicks and constructed a chicken house with a capacity of 400 chicken. A loan of £398 (Kshs 39,808) will go a long way in meeting the cost of feeds for the next three months and complete my chicken house structure.

From my 50 chicken, I make a profit of £70. I also earn £150 from my employment and I expect to use my profit and salary savings to service my loan in the next few months until i start selling eggs from my new brood.

Thank you in advance for holding my hand and walking with me through this life changing journey

Loan Proposal

A loan of Kshs 39,808 will go a very long way in helping me complete my chicken house construction and to buy feeds for my new flock of 250 birds for the next three months before they start laying eggs.

Kshs 34,800 will gather for the cost of feeds. Each 50 kgs bag of Chick Mash costs Kshs 2,600 and each 50 kgs bag is consumed per week. As the birds grow, their food intake will increase and hence feed costs.

Kshs 5,000 of the money will also go on finishing the chicken coop before i transfer them from their brooder.

Dear Lenders, kindly assist me to meet these costs so that i would be able to meet my goal of achieving financial freedom.

Thank you so much for your assistance

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