Entrepreneur

About Me

My name is Felistas. I am from Busia. I belong to a Bantu community known as Abaluyha that originates from the western region of Kenya. I run an egg-selling business. I sell eggs on wholesale and retail in Kisumu Town, which is the town I reside in. I intend to expand my business and invest further in the greenhouse business. In the meantime, I save half my profits from this business and spend the rest on getting more stock/ eggs to grow my business. I opted for small businesses to supplement my income. I enjoy drawing and painting in my free time. I am yet to monetize this skill and gain more income from it too.

My Business

I sell my eggs on wholesale at two hundred and ninety shillings and on retail at three hundred shillings. The profit margin is good, but there are instances when there are way too many breakages that this profit is not realized instead I recover the capital of the goods and start afresh. I have a bachelor’s degree in environmental studies. I was trained on how to store eggs and to avoid any losses in my agriculture unit on my campus. I also learned how to handle post-harvest losses. I would like to practice conservation agriculture, greenhouse farming, and maybe go into large-scale farming as a whole in the future. These are all very challenging businesses that require money but also very profitable.
At the moment, I am short of money. I believe the Zidisha loan I receive will help me develop and expand my business to greater heights. `I intend to get an additional 20 crates for sale this time around and buy a few items for the greenhouse I have started building with the help of a few community members.

Loan Proposal

I will purchase an additional 30 trays in my stock of eggs per week. I have a stock of about 200 crates, which i supply to local kiosks and some wholesalers at an affordable price. This will be a valuable addition to my business as will realize a profit that will be very beneficial to me. I save half my profits from this business and spend the rest on getting more stocks/ eggs for to grow my business. I have been unemployed since I graduated from the university about a year ago, so since I have no source of income whatsoever, I opted for small businesses to gain earnings/ income. I also realized I need to work extra hard just so I could get money to go back to school and do my master’s degree. I am saving up for that from the profits I gain from this business as well. My siblings also depend on me for pocket money and money to buy basic necessities, because am the first born in the family and I need to lead by example. I sell my eggs on wholesale at two hundred and ninety and retail at three hundred shillings. The profit margin is good, but there are instances when there are way too many breakages that this profit is not realized instead I recover the capital of the goods and start afresh. This business is on demand because eggs are fast moving consumable goods. They community we leave in can afford eggs quite easily as opposed to the other sources of protein there is in the market like red meat, chicken and fish. The cost of an egg is about fifteen shillings in the local kiosks. While a quarter a kilogram of meat is about eighty shillings with bones and about a hundred shillings without bones.

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