Chicken supply for festive season

Entrepreneur

About Me

I am married with four children.

I was born and brought up in Kirinyaga County, while my spouse grew up the neighbouring Embu County.

Two of my children are in secondary school, while the eldest is preparing to join college.

My husband and I have raised and educated them through small businesses.

Currently I am involved in buying and reselling chicken.

My Business

I have for the last seven months been involved in buying and reselling live chicken.

I discovered the opportunity a year ago, after I relocated residence from Wangige, Kiambu County, to my current location on realizing that the same chicken which sell at $ 4 in Wangige, retails at $ 5 in Kitengela, earning me $ 1 per one.

I currently trade in 20 chicken per trip, which leave me approx. $ 15, after factoring in transportation costs.

I wish to double my stocks to take advantage of increased demand, as well as earn a higher profit margin, since transportation cost will remain relatively the same.

Loan Proposal

I apply this next loan with a mind of great investiment in this festive season. I want to buy two month old 50 chicken which will cost each 5 dollars which comes to a total of 250 dollars. The remaining amount I will use to feed them for next 1 month in which they will have fully matured. According to the market rates, each chiken will fetch 10 dollars each and in total 500 dolllars from the 50 chicken. There will be 250 dollars profit which will be used in taking the children back to school in the month of January. The remaining 250 dollars will go back into purchasing of 200 one day old chicks 1 dollar each in total 200 dollars. The remaining 50 dollars will go to the feeds and their medical attention. I will be so greatiful to my lenders who assist me in this project. Thanking you in advance.

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