Raising chickens

Angles Mulenga

Mongu, Zambia

147% paid forward

Entrepreneur

Name

Angles Mulenga

Member since

May 2021

On-time repayments

31 installments  •  74%

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 have been ordering 500 per order after six weeks,my chicken run can accommodate 1000chicks of broilers but due to financial capacity I fail to meet that demand,hence,I honestly appeal to the lenders to assist me with finances to enable me order atleast 1000 chicks ,there more I buy chickens the bigger number , because the market is available but the supply is failing to meet the demand, therefore I appeal to the lenders help me with the finances to expand my business so that I can equally help the need.

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

$298.81

Date disbursed

Jan 3, 2022

Cost to entrepreneur

Service fee: $27.74

Optional expediting fee: $47.20

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