Poultry farming equipments and housing

Joash

Mtwapa, Kenya

100% repaid

Entrepreneur

Name

Joash

Member since

February 2015

On-time repayments

214 installments  •  27%

About Me

Am from a family of six , thats the parents and four siblings and am the third born.have gone through primary ,secondary and college education of which am currently at college doing a course in medicine.
Life has not been easy coz i lost my parent when i was in class eight. things havent been easy since then but by the grace of God i have reached where i am by help of my sister who is actually married 3 years ago. I have been doing manual jobs such as in construction sites ,maintaining sanitation in private school and homes in order to rise money for my keep-ups and some few coins to start my project which is actually two years old which i love very much.i live in a region where there is illiteracy n actually reluctance in schooling,though they are hard working .
Am single looking forward to marry some years to come after my schooling of which am planing to do a degree course after here.at my free time i play basket ball and swimming

My Business

Am a poultry farmer where i produce eggs and local (kienyeji) breeds for meat. There is high demand for the products due to frequent visitors in this region fro other part of the country and foreign countries .
The business does not require big piece of land with a piece of 100 by 50 feet and well constructed you can rear like a thousand birds which will give a good return(profit). so far i have 300 layers and 50 local breed birds . the layers i spent 180,000 /= that's from buying the chicks rearing them till they start laying eggs, the local breed i use free range method since its less costly though i regularly give them supplement feeds which i spend two thousand every month . The 300 layers give me a profit of ksh 15000/= while the locals i get at-least two thousand as a profit.I spend the profit in paying school fee 6000/= , 3000 reinvestiment and the rest for my monthly upkeeps

Loan Proposal

when i get the loan am intending to add another poultry feeds at a price of 50 dollars and equipments 70 dollars since the number of local breed is increasing at a high rate this will help me supply more birds to the market therefore increasing my returns also the local eggs are now in demand having more of them will help me meet the market demands.am also planning to and some more layers so i have to prepare in advance by having more equipments, that's the feeding troughs and drinkers . all this will improve my production of eggs and birds for meat giving good returns at the end of the day.though i have a deficit of it will be a good boast in my business.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Mar 2, 2015

Repayment status

On Time

Projected term

7 weeks

Lenders

Paul Buchheit

Mountain View, United States

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