Poultry project

Evans Oyaro

Kisii- Mosocho Market Mwobo Village, Kenya

100% repaid

Entrepreneur

Name

Evans Oyaro

Member since

November 2014

On-time repayments

48 installments  •  77%

About Me

I was born and raised up in Kisii county. I went to schools in the same county both my primary and secondary education. Life was so hard and i had rough moments with the school management because i could not pay fees on time and sometimes i used to stay out of school for half a term.
But i thank God that when i did my high school exams i passed and joined university. I trained a s a teacher and taught in high school for several years before joining the Ministry of Commerce where i am a business advisor.
I recently bought a farm and want to start rearing chicken on the farm. I have attended a seminar on intensive farming and my burning desire is to maximize the land and get the most out of it. So i have lined up a number of viable projects starting with local improved chicken farming for both eggs and meat. I have chosen this project because it is easy to start and manage. I will like to start with 300 chicks in the next one month.
The next project is rabbit farming which i will like to start after six months of the first project followed by pig farming by the end of next year.
Land in my county is small holder farms and the best one can do is intensive farming and applying the best management practices. One of my sons wants to be an agricultural expert and he loves my proposed venture. However, i normally tell my children to follow their hearts. let them choose what they love. When training entrepreneurs i always insist that they do what they love most and the same applies to my kids.
I have been keeping local chicken before i joined my current employer, and i used to sell and pay school fees for my son in primary. I love it and gained a lot experience needed to rear chicken. I can raise a one day old chick successfully.

My Business

I want to rear poultry and keep locally improved chicken from Kenya Agricultural Research Institute. I will sell eggs and meat. In the next six months they will start laying eggs and research shows that they lay up to 85% per day. Local chicken eggs are in high demand and highly valued especially by bakeries that make cakes and other confectioneries, while local chicken meat is really regarded as a delicacy. The demand is so big and most hotels are looking for these products.
Since this is a start up i will repay the first two loans from my salary.
I love chicken farming because it is my passion and they are cheaper to keep and they are in great demand. I already have a market for these products.
The typical costs for my project include structure for my upward of 600 birds, Cost of buying chicks and chick marsh, and disease management, cost of buying egg crates and labor among others. My revenue will come from sale of eggs and meat.
I will use the profits to repay loans, save and expand the poultry project, start the rabbit rearing and then pig farming. The rest of the profits i will use in improving living standards of my family.
Last week i bought 300 chicks that are in the brooder doing very well.

Loan Proposal

I bought 300 chicks of improved local breeds and chick marsh. The cost of the chicks was 300 dollars and the feeds will be close to 150 Dollars. I will buy the feeds using my own savings. That is why i delayed in reapplying for the loan. This project will change my life since this will be the first big step towards a commercial poultry farming that i have been longing for. I expect in 6 months from the time of stocking chicks to start collecting 85% of eggs per day and this will give me a gross income of 765 dollars per month. I will also be able to create jobs and improve health among my people.
I intend to use this loan to buy feeds and vaccines. I have already constructed a 1000 capacity house for the birds. I also intend to continuously stock the birds to the tune of 1000 birds.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$289.61

Date disbursed

Aug 16, 2015

Repayment status

On Time

Projected term

6 months

Cost to entrepreneur

Service fee: $12.02

Lenders

M

MiguelGago

Guimarães, Portugal

mbunifu

San Jose, United States

P

peterczech

Farmingdale, United States

LadyofHats

Hamburg, Germany

T

tloureiro

Pfungstadt, Germany

T

Tallago3

Munich, Germany

P

paradoqs

boulder, United States

R

Roman

Barcelona, Spain

Zidisha

Sterling, United States

AnnaChristina

Pittsburgh, United States

M

mogensh

København V, Denmark

Apmay

Melbourne, Australia

Dan Haynes

Bozeman, United States

O

OneSummer

Muenster/Westphalia, Germany

S

SlyDoh

Tomball, Tx, United States

J

JandC

Watsonville, United States

Myrar

Aarau, Switzerland

ReducedFat

Lake Forest, United States

AdvancingCompassion

San Diego, United States

A

artom

Karkola, Finland

B

BClay

Campbell, United States

mauroandmichelle

Montreal, Canada

M

Mark

Melbourne, Australia

R

RealUtopia

San Diego, United States

dhulsterwim

LIER, Belgium

swendl

Iowa, United States

P

PetrusR

balmoral, Australia

A

Andrew22

Hopewell PA, United States

Z

zedoud

Hamburg, Germany

E

erlingre

Sør-Fron, Norway

G

greendave

Manchester, United Kingdom

C

CTAustralia

Caboolture South, Australia

lemonadestand

Brisbane, Australia

L

LenoMetus

Perth, Australia

ibc123

Seattle, United States

R

rbeilinson

New Haven, United States

B

Budgie81

Norwalk, United States

J

johneaton

Ludlow, MA, United States

R

rosebo

Bend, United States

G

Gdrvasc

Frederick, United States

H

happytrailsjpd

South Bend, United States

M

markus61

cologne, Germany

B

BearLa

Indianapolis, United States

M

mibrahim51

Mountain View, United States

A

adelias

plymouth, United States

E

emilyeaton

New York, United States

M

mueba

Frankfurt, Germany

A

anson

Alexandria, United States

mfrost3

Dakar, Senegal

A

akshu71

Ottawa, Canada

T

Texikan

Fort Worth, United States

D

dj9812

United States

C

cktsai

United States

M

Morgan1301

United States

L

liseman

United States

DaveyDave

Brisbane, Australia

M

Molloy

Moorpark, United States

D

dajja

Stockholm, Sweden

B

bgordon

United States

E

EjLehar

Galesburg, United States

Shemuel

New Jersey, United States

J

jake7705

Wilsonville, United States

A

axienjii

Amsterdam, United Kingdom

I

ibd267

Ambler, United States

P

payette

Ottawa, Canada

P

Peaches

United States

Aaron85

Knoxville, United States

J

Jonas

Linköping, Sweden

J

juniormint

United States

L

lfender6445

United States

Paul Buchheit

Mountain View, United States

V

valiy

Switzerland

Z

zdenek

Czech Republic

H

Heroofcanton

United States

A

Ansgar

Australia

A

ATMiller

United States

AltruismUSA

Los Angeles, Ca, United States

K

Kber9156

North Parramatta, Australia

M

Maria

SANTANDER, Spain

A

annpaul

United States

C

condo86

United States

mepster

San Francisco, Ca, United States

VK

Vasily Kudrin

Moscow, Russia

O

OzMonkey

Australia

L

luckiestmonkey

United States

AndrewNeu

Ho Chi Minh, Vietnam

B

blambert

United States

J

JonAlec

United States

H

HLCharityFund

United Kingdom

M

Microfinance

United States

T

tehmle

United States

Grant Xavier Storer

Seattle, Wa, United States

A

aajmp

United States

C

cocolo

United States

N

Nicolaas

Doha, Qatar

adrianz

United States

H

hayek

Stuttgart, Germany

R

R3SonicBlueGT

United States

S

Schwartz

United States

M

mcgeefamilyny

United States

Andrew267

Birmingham, United Kingdom

lottospots

Reading, United Kingdom

Matthias Schulz

Berlin, Germany, Germany

JP

James Parker

Sacramento, United States

TW

Tony Walters

United Kingdom

stephen sontag

Narragansett, United States

VS

Vajean Stan

Mangalia, Czech Republic

D

Didaz

Germany

S

Sebastian

Dortmund, Germany

P

PC

United States

Veeti

Helsinki, Finland

Roy

Espoo, Finland

RM

Robbie McCullagh

Waverton, Australia

Torsten Schreiber

Frankfurt, Germany

Jerome

Switzerland

S

Steve

United States

K

Kristen

United States

WH

Walter Hill

United States

P

Patty

Colorado Springs, United States

JD

Jo Dane

Melbourne, Australia

Nicholas Corbett

Toronto, Canada

Jason Ogg

New Zealand

H

Hakon

Drammen, Norway

GF

Grace Franco

United States

JM

John Meserve

United States

BS

Bart Sturm

Amsterdam, Brazil

MA

Mary Art Hunt

United States

A

André

Basel, Switzerland

James Rubingh

Tokyo, Japan

Matthias

Seattle, United States

JC

Jethro Carr

Wellington, New Zealand

Max Lettenberger

Madison, WI, United States

TS

Ted Suzman

United States

A

Anthony

United States

MG

Meron Gribetz

United States

MM

Marshall M

United States

Christopher Hey

Sudbury, Canada

Paul Buchheit

Mountain View, United States

Ask Evans a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...