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Mary

Bahati, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Mary

Member since

August 2010

On-time repayments

83 installments • 14%

About Me

My name is Mary Kihara .I am a married lady and a former Secretary of Maombi Girls secondary school where I retired to concentrate on my business. I live at Bahati near Nakuru town

My Business

I deal with Chickens (Broilers). I brood groups of 200 birds at a time. Each Chick costs Ksh 64.50 totaling to Ksh 12,900 per group of 200 birds. I brood them using charcoal and use a Kerosene lamp for lighting their house. Each sack of charcoal costs Ksh 800. I spend Ksh 1600 for the two bags of charcoal that I require per group. The kerosene cost Ksh 65 per litre and so I require Ksh 650 for the ten litres required. For them to be healthy, I have to give them Vaccine against diseases every week up to the fourth week. Costing Ksh 1200. They need to be fed well to gain the required weight at the right time of six weeks. I use Ksh 42,000 to feed them and other expenses such as to by the dressings to keep their house dry and comfortable. I sell them at Ksh 350.00 per chick making a profit of about Ksh10, 000.

I would like to expand my business so that it can be able to cater for our family needs and create employment for my many siblings who depend on me and also my old parents are peasant farmers.

Loan Proposal

i intend to use the loan money to buy materials to make the poultry feeds to use for my poultry business and also to sell the suplus so that i can maximise on the profit. iam sure i will get good profit.