Diversifying My Business by Venturing into Chicken Farming

John Kamau

Naivasha, Kenya

72% repaid

Entrepreneur

Name

John Kamau

Member since

January 2014

On-time repayments

89 installments  •  64%

About Me

My Names are John Kamau Njenga humble Kenyan and a hard working citizen.i was born 28 years ago in small village in Naivasha district Kongoni division maiella location i went to Ngati primary school and later to st john secondary school a mission school in the same area.on 2008 January i joined Kenya industrial training institute for a three years diploma in business administration. am married of one wife and i have a 6 years son..i used to work for an oil company. i believe in social justice and self discipline. a self motivated and ambitious young throb who can shake off the dust man at all cost. am courageous and vigorous on challenging issues and hard environment.am a christian and also i engulf tradition practices and dogmas.

My Business

Josada investments is the business name dealing with cosmetics and beauty products.i started selling gas a new product ie. one kg cylinder gas used for cooking and lighting . its a fast moving thing since it sapliment illuminating kerosen see photo.with the diverse market in the region.. where the population of women is high than that of men you have a ready market.. i operate with the Name of JOSADA investments which is registered at the registrar of companies in the office of the attorney general of Kenya as provided in the constitution. jeweleries. and beauty products from haco industris and uniliver companies are the main products which people know ... i also distribute products form darling hairs.. i usually contact local salons for distribution of products... my goods go for retail and wholesale prices.. for wholesale i have several local venders who by in wholesale to later resell at a small profit.. i have a plans also to contact ashlery beauty school to consider my products during their practical lessons..
in future i intend to join hands with other ambitious people and open a beauty college where individuals students will be graduating with diplomas and certificates... also to have an executive barber shop

Loan Proposal

i intend to rarer layers chicken at home .. a new plot where i have build my new home.. the area can accommodate approximately. 500 chicks.. which after some time can give a return of 2500 a day..with my shop i will be about to start with 250 chicks and the loan will help me feed them..this is anew venture which will actually grow to be a big thing...due to its high revenues..Layers Chicken.. lays 85%, therefore with 250 chicken they will lay 200 eggs.the market price of an egg is kshs 10, so i will make 200*10 = 2000 a day . my birds only fresh water and adequate food which will cost me kshs 776 a day therefore i will be remaining with 1224 as profit.when i will reach 500 birds i will be making 2500 a day. with your loan i will manage to buy 100 chicks since [email protected]$= $100 and the remaining $100 will feed them

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$236.43

Date disbursed

Dec 16, 2014

Repayment status

Late

Projected term

11 months

Cost to entrepreneur

Lender interest: $236.43 at 8.71% annual rate over 11 months = $20.48

Service fee: $8.69

Other loans

Lenders

S

stroll

Stockholm, Sweden

P

PlutusNOR

Trondheim, Norway

Taata

Multia, Finland

S

spesalvi

Houston, United States

Cricketca

San Jose, United States

xtrahardware

Cazenovia, United States

mole333

Brooklyn, United States

M

meric

Australia

T

tmarkus

Netherlands

A

adamdreaming

United States

J

johnrmeier

United States

melissapmeier

United States

AH

Alex Huxley

Ellesmere Port, United Kingdom

Ask John a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...