Loan for feed for my Kienyeji chickens

Onesmus

Juja, Kenya

100% repaid

Entrepreneur

Name

Onesmus

Member since

February 2016

On-time repayments

24 installments  •  75%

About Me

I have been brought up in a farming family from where I started passion for farming. Having brought up in Central Kenya, poultry farming was not that attractive especially considering the cold climate. However, after completing school and going to the town, I realized that poultry farming is a lucrative business that has the potential to earn one high income. My vision is make Sirndos Farm the leader in indigenous chicken business. My mission is to contribute to a healthy nation by increasing the supply of healthy meet, to address hunger problems while promoting healthy eating.

My Business

Sirndos Farm currently specializes with Indigenous Chicken mainly KARLO Improved Kienyeji. We purchase day-old chicks from suppliers and rear them until about six months when we sell them for meat. In the process, we make some profit. The cycle continues. We intend to invest in incubators so that we not only hatch eggs from our healthy flock, but also engage in research activities to get the best breed mix for our business needs.

Loan Proposal

I will add this money to my savings to purchase feeds for my 50 birds. I require one bag of maize germ to mix with one bag of grower marsh to take my flock through 20 days. One bag of maize germ goes for about $12.2 while a bag of grower marsh goes for about $22.2. If I get this loan and add to my savings, I will purchase enough feeds to take my flock through the month of November after which they will be mature enough to fetch good prices considering that demand will increase as December approaches. In addition, I intend to grow my borrowing limits so that in future I can grow my business to ensure that I sell at least six mature birds a day. Consequently, the business will be able to employ people to take care of the flock and perhaps to sell poultry meat upon opening chicken butcheries.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$6.00

Date disbursed

Oct 31, 2016

Repayment status

On Time

Projected term

5 weeks

Lenders

S

sanfransec

San Francisco, CA, United States

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