Indigenous birds for sale of eggs and cockerels

Simon

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Simon

Member since

February 2014

On-time repayments

300 installments  •  64%

About Me

I am a 39 year old christian, BSc. I.T, talented and with a good will for life. Married to Mary and we have two children.
I have have now been promoted as the head of academics from a teaching assistant in a Nairobi based institution called Kenya Christian Industrial Training Institute.
I was born in Nakuru in a family of seven and I was brought in Nairobi where I live with my wife and daughter to date. I have been doing poultry business and I also own a shop that sells purses and handbags.
I want to rear goats. Kenya is an Agricultural based country. Goat rearing does not require much land and do not bear high cost to run. The site of the project will at a small land owned by our family. I will purchase does and bucks of one year of age so as to maximize on the loan.

My Business

Goat farming requires less capital and investment than raising any other livestock. I will start goat farming business with a very small investment but in the result I will get more profits than any other livestock.
I will earn some extra money by selling manure to crop farmers who use goat manure in their field because it is a very high quality organic fertilizer, I will sell goat meat it has a great demand locally and this rate is increasing rapidly day by day, I will sell goat milk is enriched with many necessary nutrition elements and it is easily digestible which makes it a huge demand locally and also goat skin has a high demand and value locally.
After the goats have reproduced, I will sell young ones at a profit in order to maintain a healthy maximise on the profits.
The profits will be used to take care of my family, siblings and my dad.

Loan Proposal

Hello, I want to purchase five more indigenous birds for eggs at a cost of $46.16, i will sell the eggs which will give me an extra $5.19 every week. I will also purchase ten chicks at a cost of $28.85, i will sell the cockerels at nine months at a cost of $144.26. I will us the rest of the money to buy vaccines and ensure proper management of the birds so that they remain healthy. I will us the rest of the money to buy vaccines and ensure proper management of the birds so that they remain healthy. I want to increase the number of birds twice every year at the same rate.
Please consider and lend.
Thank you in advance.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Mar 20, 2014

Repayment status

On Time

Projected term

4 months

Lenders

SHRFamily

Vancouver, Canada

H

howard

Vence, France

Sarasota

Sarasota, Fl, United States

M

marymarrs

North Bend, United States

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

G

gclimer

Chattanooga, United States

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