More hens for my chicken project
Samuel
Kisii, Kenya
$0 to go
100% funded of $104 goal
0
days left
Entrepreneur
Name
Samuel
Member since
May 2016
On-time repayments
70 installments • 90%
About Me
Introduce yourself to lenders.
Am Mararo Samuel,I was born in a family of seven where I am the fourth born. my parents were peasant farmers. they educated us with hardship.
It was until I was eighteen years old when my friend called me to Kisii town, he took me to his shop, he was making beads of different items like basket, table mat, key holders among others. he trained me how to make beads. when I was an expert, he employed me and he was paying me Ksh 6000 a month.
It was out of the small saving that I also decided to start a small business of making beads.
I come from a community that still regard its culture. Not so many people have gone to school.
I would like my children to be entrepreneurs as government jobs today are so limited.
My Business
I run a chicken project of traditional hens whereby I sell fertilized eggs to other farmers, eggs to hotels and households, two-weeks chicks and sometimes big chickens.
The project is growing rapidly and making me realize good profits. It also has an impact to other projects like farming since the droppings from the chickens are good fertilizer.
My next move will be to improve the structures, increase the laying egg hens for more production. This is due to the increasing demand especially two weeks chicks.
I thank Zidisha family for their support in changing lives positively of many people in my region and globally.
My chicken project is growing fast and I'm able to make real profits that are enabling me provide both basic and other needs to my family.
I look forward for greater experiences with Zidisha org. Thanks
Loan Proposal
I am intending to buy more hens and cocks to my project. Roughly, one hen/cock will cost me 8 dollars (kshs. 800). I will buy six hens and two cocks that can cost me a total of 80 dollars. The remaining amount from the loan will go into buying the feeds for the start before realizing the returns from the additional chicken.
My aim is to raise the number of eggs layed and consequently the number of chicks hutched per month. If I will be able to increase the number of chicks, then the profits are going to increase too greatly.
Currently, I'm able to sell at least 20 chicks in a month each at 2.5 dollars.. Giving a total of 50 dollars a month. Plus some cash from selling eggs and droppings as fertilizer. So if I can be able to add the six hens the I will be able to increase the number of chicks I will sell per month to at least 50 thus increasing the income.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$104.00
Date disbursed
Jun 26, 2018
Repayment status
Late
Projected term
6 weeks
Other loans
Lenders
Australia
Ask Samuel a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Margaret Aug 21, 2017
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