Improving my indigenous chicken farm

Entrepreneur

About Me

My name is Lillian Mueni Kithuka.I come from a family of 4siblings, 2 sisters and one brother. I currently live in Nakuru town, freehold estate. I graduated from Egerton university with a bachelors degree in business management. I have a full time job as an accountant at a private firm in Nakuru town which i earn $284 on a monthly basis. I have great passion for rearing chicken and my biggest dream is to become one of the best suppliers in Nakuru town and later extend to the whole country. My side job i keep indigenous chicken for the purpose of eggs and meat. I have 100 indigenous chickens. On a daily basis i collect 70 eggs, which i sell them locally to my neighbors and nearby shops.

My Business

My source of income comes from the monthly salary I get and also through the rearing of the indigenous chicken. Many people prefer the indigenous eggs since the nutrition value is high compared to the modern chicken. I have 100 indigenous chickens which give me 70eggs daily. I prefer the breed since they are not prone to diseases. On a monthly basis i collect 1960eggs.I sell one egg @ $0.12.My typical monthly revenue from selling eggs is $235.2.My expenses include the feeds which cost $34.05.My labor is cheap since i stay with my nephew who works online and since he is always at home he looks after them and i give him a token of $22.7 in a month. My net profit on a monthly basis is $178.45.My great desire is to have a large scale commercial business in supply of indigenous eggs and chicken meat with several permanent employees.

Loan Proposal

When i get funded i will be able to purchase 20 indigenous chicks which are one week old. The price of each indigenous chicken at one week old cost $1.13.I will also buy 20kg of chicken feeds which cost $5.6 for10kg.The rest of the money i will purchase the chicken feeders for the purpose of food and water. The loan will benefit me in that i will be able to increase my stock of indigenous chicken and this will be a motivation to my goal of becoming the leading supplier of indigenous chicken for meat and eggs in Nakuru town and later extend to the whole country. It will also be a key factor in increasing my returns after the chicken mature at 5months,this will be in terms of meat and egg production for the market.

I would like to be supported because am currently financially unable to meet my goal alone. The loan will help me meet my goal of expanding my chicken farm and also giving me an opportunity of providing employment to others and improving their lives. My inability to meet the goal is hindered by the high cost of indigenous chicks, feeders and chicken food.

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