Ladies fashion shop

Clare

Nairobi, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Clare

Member since

February 2014

On-time repayments

115 installments • 97%

About Me

I have a diploma in business management and a trained secretary. Currently, I have begun a chicken farming business since I inherited a piece of land from my parents. My area of residence is Syokimau which is a big backyard. I started this business after being gifted 3 hens and 2 roosters. I have kept them for a whole year mainly for just eggs for home use. I recently started doing research on chicken farming and I found it to be very lucrative. I have so far expanded it and have a total of 2 roosters, 8 hens and 41 chicks.

My Business

So I plan to expand this business to sell eggs and chicken meat. Currently, I am getting 8 eggs every day which means it takes 4 days for a tray to fill up. So in a week, I have approximately 2 trays of eggs. I thereafter sell the eggs. Each tray fetches $6.50 so in a week I get $13. I spend $6 on feeds which last for two weeks. I also supplement the food with a garden I have in the backyard where they feed on greens. I already have the chicken coop which is spacious and laying points, sickbay in case of sickness. I also have feeders and drinkers. I am looking to get financial assistance to be able to buy more feeds especially for the chicks and also medication that is needed at times. My research showed that for this venture to be profitable, it needs the chicken to be more so that one can get more on eggs.

Loan Proposal

I plan to buy specific bales of used clothes, i.e. children's clothes, ladies dresses, ladies shoes, handbags and ladies blouses. This is a niche that I have found to be very profitable as women tend to be impulse buyers. If they see anything that is beautiful and unique, they will purchase it. I plan to do aggressive advertising, especially on Facebook since it has a number of groups and pages where you are allowed to showcase your merchandise.

Since most ladies tend to talk about where they did their shopping, you will always get referrals as long as you keep up with the latest trends and give them tips about how to wear the dresses. This is also a form of advertising which translates to higher sales.