351 installments • 36%
My name is Danial Sihalo,I am a headteacher at Butunyi Primary School,and a farmer.I was born in a family of 3 ,I am married with 6 kids.
I was born in humble background and grew up with lots of hardship,including lack of fees and food.After secondary school i decided to venture into business farming and specialized in pig keeping. From the sales i was able to earn living and pay for my fees at college level.
I love music and so during my free time i listen to music and sing.
Currently I am the head teacher of Buchirinya Primary School in Kakamega County. I was transferred to my current station in December 2019.
I have three children in college, three in High School, and two in Primary.
I practise horticultural farming, poultry farming and run a small grocery shop.
These projects help to supplement my income from teaching.
My current business involves buying of one day old local breed chicks and selling them from the age of two weeks.
My community has a lot of cultural attachment to chicken. Chicken is the most common delicacy in many ceremonies such as weddings, funerals, dowry payment and circumcision.
Chicken rearing has therefore become a major income generating activity in my locality due to the increased demand.
Many local farmers fear handling young chicks because of high mortality rates resulting from limited knowledge on vaccination and hygiene practices.
This is an opportunity for me because I have a structure where I confine them until they are ready for market and I am also knowledgeable in vaccination of poultry.
In the current proposal I intend to purchase 350 chicks for kshs. 35,000/=.
I will use kshs. 10,000/= to purchase feeds, kshs. 2,000/= to buy a breeding roster and kshs. 3,000/= for vaccination/treatment.
I will use part of the maize I harvested from my garden to do feed formulation and save on expenses for feeds.
30 of the chicks can cater for mortality though this is still on the higher side. The remaining 320 will be sold after 4 weeks each at kshs. 250/= raising a total of kshs. 80,000/=
This will give an approximate profit of ksh. 27,000/=
I will use proceeds from this project to repay my loan and the profit will be for payment of fees balances for my children and also take life insurance cover for my aging parents.
I will purchase three hundred and fifty kienyeji chicks and raise them for one month at a total cost of kshs. thirty five thousand only.
Kshs. ten thousand will be used to purchase poultry feeds though I will supplement by doing feed formulation using the maize from my previous harvest.
I will also purchase an exotic roster to crossbreed with my indigenous hens to improve the quality of the kienyeji breeds.
The eggs from these hens will be hatched so that I can have additional chicks to meet the increasing demand from my clients and also improve on the profit margin.
This business will help me to keep daughter busy because by then she will be have completed secondary school but yet to join college.
Local small scale farmers will benefit by getting supplies from me since many of them do not have the ability to make huge orders from well established firms.
I will also share the information on feed formulation with my clients just as an appreciation for their partnership.
This venture is expected to raise a profit of approximately kshs. twenty seven thousand:
OTHER EXPENSES =2,700
SALES 320X250 =80,000
DIFFRENCE = 27,300
Pay It Forward
Dec 29, 2021
Cost to entrepreneur
Service fee: $35.01