Buying feed for 250 chicks

Elijah

Karatina, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Elijah

Member since

January 2014

On-time repayments

26 installments • 58%

About Me

I am a graduate with a degree in Biochemistry ,i live in Karatina doing horticulture and poultry framing as my core business. My aim is to increase my business volume and employee as many local as possible. There is always ready market for my produce and in fact i cannot satisfy it. With the zidisha loans I will be able to expand the horticulture produce and add more broiler chickens. This will also improve my returns and give my business more muscles as I climb higher.

My Business

My business is farming I engage in horticulture specifically tomatoes, cabbages, among many others. I also have broilers chickens and local chickens which I want to increase systematically to for both. Currently I have two farm workers and would like to add two more after increasing my production. I would therefore need a loan that could trigger the growth am anticipating. This venture will not only help me but the school leavers who end up idling due to joblessness. All my produce are sold in the local market. I make an average of KSH 30,000 as profit from farming every month. A loan of $1000 would help me to add more chickens and increase my input for the farm produce.The market is wide but my ability is limited by lack of sufficient capital to expand as I have to wait for some time. I have sufficient water supply but local wild life always pose a threat to my produce as they sometimes invade and destroy some of the vegetables.

Loan Proposal

This loan will help me continue with my progressive raring of broiler chicken with now a stock of 250 chicks that matures within six weeks and then taken to the market. This loan will help me buy at least two full sacks broiler stater. This is the initial meal given to the chicks at the earlier stage. A sack costs about $27. My dream is to have more than 2000 broilers by the end of the year with the help of the loans from zidisha lenders. Having such a large stock will also create employment to my fellow young people who are jobless in my village.