Purchase more chicken to boost supply of eggs
Simon
Nyamathi, Kenya
100% repaid
Entrepreneur
Name
Simon
Member since
June 2014
On-time repayments
22 installments • 77%
About Me
I started these business of laying of Kienyeji chicken to ad d up more cash on my salary because my daily bills has risen too much that i am not able to handle them with the current salary.laying of the chicken has helped me much and my family .we started with 10 chicken that were laying eggs and 2 cocks in the year 2013 January and now i have 50 hens 12 cocks and 23 few weeks old chicks.
Also where i live there is a big demand of chicken and pigs meat (white meat)also the environment around is conducive for these kind of farming.
My Business
I am in farming business which i have kienyeji chicken .i chose to start these business due to high demand of white meat in the country.lather than going to the broiler way.in these business i fetch more cash with my produce because for a mature chicken they go for a minimum of USD11 and i manage to sell 8-15 chicken per month .i wish to add more chicken in my farm so that i can meet the demand of my clients .and also am looking forward to start laying pigs before the year ends.
In laying of pigs i want to start with 5 .i know there is a big challenge on feeding pigs but i have done a study on how to start a Hydroponic farming that will help me with the pigs fodder.i will inform you more when i start the second project.
Loan Proposal
I am in farming business which i have kienyeji chicken .i chose to start these business due to high demand of white meat in the country.lather than going to the broiler way.in these business i fetch more cash with my produce because for a mature chicken they go for a minimum of USD11 and i manage to sell 8-15 chicken per month .i wish to add more chicken in my farm so that i can meet the demand of my clients .and also am looking forward to start laying pigs before the year ends.
1.to buy 20 chicks that will cost USD 20
2.buy building materials for the extra chicken usd 20
3.Add more feeding trough for the new chicks Usd 8
4.buy feed for the chicks =usd 15
I have a deficit of Usd 13 .but the loan will assist me more in returns thus i will add up the deficit from my previous month profit to cover the deficit.
These will help me in adding my profit by having more eggs after 2months of laying these chicken.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jul 9, 2014
Repayment status
On Time
Projected term
2 months
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