Poultry farming

Entrepreneur

About Me

My names are Margaret Wanjiku Mwangi, born and brought up by two parents at Muranga county in Kenya. Am the third born in a family of seven. I grew up in a normal environment where i was lucky to go to school, having gone through primary, secondary and college education from 1992 to 2008. It took me soo long as i sought employment after completing secondary education, my parents were not in a position to pay my college fees as others behind me required attention too. I have worked as an assistant receptionist, data entry clerk, elections clerk and a bank teller. In the process i got married and am blessed with three sons aged 7yrs, 4yrs and 1yr. After working as a teller in the bank, i later decided to start my own business so that i could get time to be with my kids. Business has freedom, but one cannot misuse the freedom to engage in unnecessary and money wasting expeditions. My focus is to save and grow the business i do beyond where I started.

My Business

Am currently selling ladies handbags and school bags. I decided to start this business because almost every lady in our country needs a bag while moving around, so i found it a necessity.
Luckily i had information where to source the bags at cheaper price. I visited the Market and did a research on prices and compared with retail prices at our estate and found that i could make a profit of at least ksh200 per bag. Currently am doing sales of five to ten bags per day. The profit i make i use half of it to purchase additional stock and use the remainder to cater for my family needs like buying food stuff.

Loan Proposal

Thank you Zindisha/Lenders for accepting me as a borrower. My proposal is on adding more layers chicken to increase production. This is due to increased demand on eggs and good prices at the market. Currently wholesale price of one egg is going for $0.118 dollars, a tray of 30 eggs @ $3.54. Currently the best farming business am engaged in. My request is you led me a loan of $50 dollars so that i manage to buy 40 chicks and add to my stock. One chick goes for $1.18 dollars, so 40*1.18= $47.2 dollars. I plan to repay my loan through the existing sales which i make weekly. Currently am able to produce between 65-70 eggs daily (70* 0.118= $8.26*7days= $ 57.82 dollars weekly). My aim is to increase the birds slowly by slowly till i attain 500 and more. I have facilities for rearing ready and only need the birds(chicks). I will never fail you and promise to pay my loan on due date. Thanks, God bless.

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Loan Info

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