Purchase a second hand incubator

Lilian

Nakuru, Kenya

Expired

$472 to go

0% funded of $472 goal

0

days left

Entrepreneur

Name

Lilian

Member since

April 2014

On-time repayments

208 installments  •  100%

About Me

My name is Lillian Mueni Kithuka.I come from a family of 4siblings, 2 sisters and one brother. I currently live in Nakuru town, freehold estate. I graduated from Egerton university with a bachelors degree in business management. I have a full time job as an accountant at a private firm in Nakuru town which i earn $284 on a monthly basis. I have great passion for rearing chicken and my biggest dream is to become one of the best suppliers in Nakuru town and later extend to the whole country. My side job i keep indigenous chicken for the purpose of eggs and meat. I have 100 indigenous chickens. On a daily basis i collect 70 eggs, which i sell them locally to my neighbors and nearby shops.

My Business

My source of income comes from the monthly salary I get and also through the rearing of the indigenous chicken. Many people prefer the indigenous eggs since the nutrition value is high compared to the modern chicken. I have 100 indigenous chickens which give me 70eggs daily. I prefer the breed since they are not prone to diseases. On a monthly basis i collect 1960eggs.I sell one egg @ $0.12.My typical monthly revenue from selling eggs is $235.2.My expenses include the feeds which cost $34.05.My labor is cheap since i stay with my nephew who works online and since he is always at home he looks after them and i give him a token of $22.7 in a month. My net profit on a monthly basis is $178.45.My great desire is to have a large scale commercial business in supply of indigenous eggs and chicken meat with several permanent employees.

Loan Proposal

When i get funded i will be able to purchase a second hand incubator at $345.And the rest of the amount i will use it in transportation.

The incubator will assist me in increasing the number of chicken i have in my farm.It will also benefit others since i will always be in steady supply of eggs and chicken hence my customers will never lack.

It will increase my sales significantly since i will be able to hatch chicks at the rate i will be comfortable.

Feedback

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Loan Info

Project Type

Classic Loan

Amount requested

$472.00

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