Chickens and eggs farm

Jones

Homa Bay Town, Kenya

100% repaid

Entrepreneur

Name

Jones

Member since

February 2017

On-time repayments

35 installments  •  66%

About Me

My name is Jones Agutu from Kenya. I'm 30
years old with a background education on Agribusiness at my college level. This was my greatest achievement after under going vigorous schooling in National Youth Service paramilitary college. I've had an interest in agriculture for a very long time and I saw the need to start poultry farming since egg demand was extremely high in my locality. For your information, we eat eggs from Uganda a neighbouring country. This means local production is low to meet the market demand. My hobby is majorly reading enterprenural and agricultural books. I run too an hatchery by the name of Agoro Poultry Hatchery that sells day old to one month old chicks.

My Business

My main source of income is from my salary. This can't enable me support my family so a need for a second income. This would make me raise socially active people in the community. I got a loan earlier from Zidisha and it has really managed my hens to lay eggs timely and the growth rate of the chicks has increased.

Loan Proposal

Buy 250 chicks @ 100 $ each
The birds will lay 7 trays each day 16 weeks. 1 tray is 3$ which is 21 $ per day.
Cost until point of lay is 4 $ per chicken
Cost per day for 250 birds is 10 $
Estimated profit is 20$ per month.
This enterprise will give me a good income and it will also give money to shop keepers and motor bike transporters.
I expect the profits to increase by 5%.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$5.00

Date disbursed

Feb 24, 2017

Repayment status

On Time

Projected term

2 months

Lenders

PG

Paul Graham

United States

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