Chicken project

Angles Mulenga

Mongu, Zambia

125% paid forward

Entrepreneur

Name

Angles Mulenga

Member since

May 2021

On-time repayments

29 installments  •  79%

About Me

M usey name is Angels Mulenga and I live in Mongu, Western Province of Zambia. I work in legal organization of semi government and iam running a chicken run on my plot number 6449 kasima , where I have built a pottery .iam rearing broilers,currently I have 150 birds which are 4 weeks old and after two weeks they be ready for sale,the capacity of my chicken run is 600chickens.the markets is available for selling to local restaurant at k70 each.but iam failing to meet the demand due to lack of capital ,if I can be able to buy 600chicks I can make k42,000 after six weeks.

My Business

My business I sell chickens the broilers to the restraints in mongu town,currently I have 150 chickens waiting to be sold ,two weeks ago I sold 240 chickens at k70 each and iam using the same money to buy feed for the chickens currently in my chicken run and I want to buy some more 100 chickens on 01st June,2021 out the money I raised from my previous sells .besides I earn k8000 as my monthly salary where I work as a public prosecutor

Project Proposal

I want to buy finisher feed for my chickens which are about to be sold in week time to the market available,I need two bags of feed to make my birds ready for selling,they are 300 birds which can be ready within a week from now,they are almost ready to be sold at a price of k85 each,a bag of feed is trading at k484 each ,we need to buy two bags of feed at total of k969

Feedback

1

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  • CMB    Jul 3, 2021

    Thanks for paying back ahead of time.

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Project Info

Project Type

Pay It Forward

Disbursed amount

$37.70

Date disbursed

Jul 11, 2021

Cost to entrepreneur

Service fee: $2.43

Optional expediting fee: $9.82

Backers

Peter Shawa

Chipata, Zambia

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