Poutry farming

Hespon Mogaka

Bomware, Kenya

39% repaid

Entrepreneur

Name

Hespon Mogaka

Member since

September 2014

On-time repayments

114 installments  •  7%

About Me

I am from kisiicounty,Gucha south District,Tabaka division,bomware location,bosere sublocation,was born in 27/8/1991,finished primary education in 2003 In the year 2004 I joined Tabaka Secondary School and completed in the year 2008. Year 2010 I joined my College where I did procurement and got my Certificate in 2013. In 2014 I started my business as In logistics 2014 collapsed . In the year 2015August I was employed at postbank as operations manager and later this year I bought chicks,began buying and seling later began raising my own.
I am a married man with my beloved wife Mavis, we have 1 kid

My Business

My Business
I have 500 broilers in a farm the business is within the Kisii County , thiss has a high demand because high rise of demand for food to compared to beef. My customers prefer my chicken because my quality and experienced service and maintaining hygiene in terms of cleanness, both products and the supply,
This business is profitable because of daily fixed amount I make from each bird out of this money I spend 1/4 for the feeding every after 5 weeks. The risks which are their is that if you do not follow up biosecurity and proper feeding, they will die
I want to add more birds once I get a loan as gradually my limit loan will be increasing as I will committe myself to repay in time, in this way am also creating job opportunities for Ambitious workers who qualify to work in the farm

Loan Proposal

.1 Business Overview
Broiler and eggproduction is the most popular form of of poultry farming because egg/broiler consumption cut across wide divide. Poultry production come in different forms ranging from parent stock breeder meat (broiler/production), egg production, Quail production, turkey production, ostrich farming, duck farming, Geese farming and ornamental bird rearing among other. The farming business could also come in specialisation such as brooding, Point of Lay production, liquid egg package, egg trading, cold room marketing, day old chicks, feed milling, birds transportation or egg deport business.
Because of the vastness of this industry, entrepreneurs focus will be on an aspect and with time add other aspect either for vertical or horizontal integration, this industry is still grossly untapped and any part of the industrial possess great potential. Specialisation and continuous improvement on skills is always paramount.
Poultry industry is a multi billion dollars industry: The major hindrances to the growth of the industry ranges from absence of credit, high interest rate, high cost of maize, unavailable electricity which is important for cold rooms, incubators and operation of automated cages. Because of the fallow nature of the industry, the prospect is high. Right now the demand for egg, broiler meat, day old chicks, day old poult etc remain overwhelmingly high.
1.2 Description of Business
Mr Poultry’s plan to participate in chicken egg and broiler production. The business entails keeping of chicken from (Day old to) fourteen weeks when the growers will be transfer to cages. The caged birds at the age of 19 – 22 weeks start to lay eggs. The eggs are packed in crates of 30 packs, transported to the city where they are distributed to customers. The laying birds by the age of 60 to 75 weeks of laying, are sold out as spent layers for meat.
1.3 Vision and Mission
- To produce nutritious eggs/broilers
, generate employment, and create wealth for investor.future donation funder
Mission:
-Build a mechanized poultry that is efficient. And rewarding .
1.4 Value Proposition
Poultry Production for wealth creation.
1.5 Critical Success factors of the business
A. Finance: Fund must be available as when needed according to plan to avoid creating stress factors which would cost so much in revenue loss
B. Expertise: The poultry industry is knowledge based home employment of expertise is imperative. Consultancy is paramount. Training and retraining of staff is sacrosanct no mather how small the level and acquisition of knowledge of modern trend is a factor to growth.
C. Housing: Proper ventilation and spacing is a critical success factor. Position your house to give the birds maximum ventilation and reduce heat.
D. Biosecurity: Disease entrance and spread are as a result of any form of breach in biosecurity. Foot bath, car bath, prohibition of un authorized persons etc.
E. Water: Watering and water source is of great importance. Foul water source or water getting contaminated in poultry house signifies that the farm will fail. Water should be managed to ensure that clear and clean water is available for bird ad libitum.
F. Nutrient: Most farm fail because they wanted to reduce cost of feed by compounding farms should only venture into self compounding on ground with available experiment. All nutrients must be readily available in the market to prevent malnutrition.
G. Sales: Egg /broilers produced must be sold. Proper marketing with vigorous advertisement will ensure the product is made available to the target market.
H. Management: Pilfering shrinkages, indulgence, misappropriation are few of the several epidemic that constantly plaque poultry in Africa and other countries of the world. Workers steal eggs, birds, feed, money and even drugs if they are not properly monitored. Sales agents and drivers could sell at different prices and report differently. Effective management of this ends are critical factor.proper cold store measures.
I. Administration: . At full capacity,Management is separated from administration, when the owner is not directly involved in day to day management. Absentee farming is hazardous. Someone with stake in the venture should give quality time to it to survive.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$258.01

Date disbursed

Oct 25, 2016

Repayment status

Late

Projected term

28 months

Cost to entrepreneur

Service fee: $10.63

Lenders

Daniel

Brussels, Belgium

T

Tmann

Los Angeles, United States

AdamP

Sunnyvale, United States

cyrus0302

San Francisco, United States

D

drjofleming

UK, United Kingdom

DeanDropshot

Oslo, Norway

ErikN

Stockholm, Sweden

artnking

College Place, United States

ScottSavage

Las Vegas, NV, United States

C

cjmenchaca

Austin, United States

HansLindgren

Uppsala, Sweden

beverly

Vancouver, Canada

G

grahamfamily

Guildford, United Kingdom

indeh

London, United Kingdom

Quentin

Toronto, Canada

Cloudways

Malta, Malta

D

Dadiolafs

Vestmannaeyjar, Iceland

P

penguin3694

Chicago, United States

T

the0bauman

Hillsboro, United States

B

BClay

Campbell, United States

ads68

Melbourne, Australia

Bhayl

Stavanger, Norway

M

mkellerman

Shanghai, China

C

CloCkWeRX

Rosewater, Australia

A

alkemyst

Geneve, Switzerland

fairspirit

Utrecht, Netherlands

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

indrayudha

Jakarta, Indonesia

N

nk786

Dubai, United Arab Emirates

Zal0m0n

Atlantis!!!! x), Mauritania

F

Forfex

Zurich, Switzerland

Matthieu

Switzerland, France

xtrahardware

Cazenovia, United States

S

Sjors

Eindhoven, Netherlands

E

E

Marin county, United States

dlpringle

Denver, United States

mfrost3

Dakar, Senegal

G

GanSatya

United States

TomF925

www.AfricaLeap.com, United States

B

BobHope

United States

sderickson

Berkeley, CA, United States

M

microlender

United States

S

spivurno

United States

Pankratio

EastVan, Canada

A

ajayhk

San Jose, United States

J

jbhernan

United States

TyWee

Manila, Philippines

Loungin

United States

M

M.Umar

Pakistan

GaloLending

United States

Voscke

Utrecht, Netherlands

Mike and Jacqui

United Kingdom

S

Stephan

Netherlands

MR

Michiel Rauws

San Francisco, Netherlands

PG

Paul Graham

United States

John Minges

United States

BS

Brandon S

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

Dean Suminski

Portland, Oregon, United States

A

Anonymous

United States

A

Anonymous

United States

WC

Walter Clarke

Phoenix, United States

Paul Buchheit

Mountain View, United States

Ask Hespon 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...