Keeping poultry for eggs and meat

Teresa Orare

Kijauri, Kenya

11% repaid

Entrepreneur

Name

Teresa Orare

Member since

January 2015

On-time repayments

19 installments  •  32%

About Me

I was born in Keumbu and got married to kijauri Nyansiongo where i stay with my husband. I am an 8th born in a family of 13 children. During my childhood our parents never regarded education so much especially for the young women so i got married as a third wife. I was blessed with 5 children however one passed. for a long period have been practising farming till 2000 when i ventured into tailoring an idea i got from one of the women groups that am a member i started small making clothes to resale especially during festive seasons, obtaining tenders ( from couples who want to wed). out of the experience and the expertise i was gaining i started marketing my business to various institutions schools to be more specific i managed to win a tender in Eronge Boarding primary school for making uniforms this was a new beginning for me. My children will want to be teachers, lawyer and engineer. My unique pastime is when i was married, I was only 16 years old i decided to run away to a far place unknown to me due to hardship i gave in and decided to stay with my husband whose eldest son is older than me.

My Business

My new business is keeping poultry. Am targeting raring 100 chicks for the start. I have chosen this business due to high demand for eggs and white meat.
The cost per chick is Ksh. 125. so i will spend Ksh. 12500 in purchasing this chicks. Approximately in a month i will spend Ksh. 3000 in feeding them included vaccines. In six months time i will be earning Ksh. 1000 per day from the eggs the kind of breed am targeting lays up to 300 eggs in a year and its also good for meat. Meanwhile i will be repaying my loan from my clothing production business.

Loan Proposal

I request Ksh 17000. to be spent in; Purchase of 100 chicks at Ksh. 125 each costing Ksh. 12500. The balance of 4500 will be used in feeding and purchase of vaccines for the first month. WIth this venture i will be earning Ksh. 1000 daily once the chicks mature and start laying.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$195.65

Date disbursed

Mar 20, 2015

Repayment status

Late

Projected term

3 months

Cost to entrepreneur

Service fee: $7.39

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