Inventory of chicks for my chicken rearing project

Entrepreneur

About Me

I am the second son in a family of 6 siblings and our home is located at Makuyu. I have completed my undergraduate degree with a lot of challenges. It has always been my aspirations to become a pioneer among local youths of my area, who have been ruined by alcohol. I have been a Mentor leader of a youth group called "Valley land" which I was a founder members with an aim of grooming youths minds to become entrepreneurs and eradicate poverty among them, which is the biggest reason why youths are involving themselves in to drugs and drugs abuse.
Secondly, currently it has become a challenge for students to secure employment after studies and the only good option for such student to remain industrious is to engage into business which is giving them opportunity to become independent and self reliant people.
I am happy since my first , second and third loans were successful and I have also managed to repay them without any problem. I hope to secure another loan package to assist me to heavily venture in the business I have indicated below on My Business part. I will be grateful to repay the loan after my investment which is carefully managed for better results. My assurance to my lender is to remain committed in repaying my loan to the latter, I will never let you down, because currently I have a regular income which can allow me commit at least 2000 KES every week that translate to 8000 KES every Month.

Thank you in advance.

My Business

Dear lenders I would like to most sincerely thank you for your continuous support you have been giving me through periodic funding. I would like to assure you that I will never let you down because were it not for you I don’t know where I could be.
Secondly I would like you to know this time round am planning to employ innovation in my proposed project am planning to undertake. It will involve farming of RED ONIONS. The purpose of choosing this kind of projects is because its one of the most potential in the current market.

This is how am planning to use my master plan on this project:

1. Preparing of an Acre of land i.e tilling and harrowing: 20,000 KES
2. Purchasing of Jamba F1 Onion seed 1kg: 20,000 KES
3. Purchasing of chemicals, fertilizer and herbicides 50,000 K ES
4. planting of seedlings from seedbeds to the field 30 laborers @ 1000 =30,000 KES
5. Irrigation: 10,000 KES
6. Marketing and Contingency 20,000KES
The proposed master plan will require me at least 150, 000 KES.

The expected return:

The current market for a kilo of red onion bulb is going at 50 KES and the expectation for this commodity is even higher, last season the price rose up to 100 KES per KG.
One Acre of land under proper management can yield at least 7 to 10 tonnes of red Onion bulbs.
If I assume that this project will go well as planned and yield 8 tonnes, this translate to: 8000 kg by 50 KES = 400,000 K ES, if you subtract initial cost of production of 150,000 KES, you will find there is 250,000 KES on return in a period of 6 Months of project life.
In conclusion, the project is worth undertaking it.

Thank you in advance

Loan Proposal

I am Joel irungu a second son of one's Mr Mwaniki, My father has managed to educate me up to undergraduate level with a lot of challenges. Since I finished my studies I have not been able to secure any employment which has turned out to be discouraging to the parent and even to the member of my society who had a lot of hope that I may become their pride. Due to this I made up a strategic decision to venture into Smart farming business earn a living out of this.

I have been able to construct a chicken house but run out of finance, now I am seeking the indulgence of some lenders to support me purchase these chicks and come back to my business track.
This is a booming business in my area of Makuyu as there is no other business to act as a competitor and there is a lot of ready Market within the are and around the neighborhood.

I believe if any one lend me some 50 dollars it will assist in purchasing of around 100 chicks which after some month when they start laying it will be possible to collect 3 trays of eggs daily and a tray goes for 400 Kenya shillings which is approximately 5 dollars daily. This will be a very good deal as a startup business. I also believe in fairness, discipline, integrity and ethics so am committed to paying back my loan in the stipulated time.

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