Purchase of chickens for sale

Entrepreneur

About Me

I was born and raised up in a very poor and rural village of Kadem in Western part of Kenya. I was the 5th born in a family of three boys and two girls.

I did my primary and secondary education ad passed well in final exams. I was employed as a Civil Servant in the Ministry of Health and got retrenched in October, 2000 after serving in the Government for 12 years. I was not given any send-off package! The life thereafter become unbearable and I later lost my wife through death! I am now a widower surviving with 5 children in which 3 are in secondary school.

My Business

Chicken is a commodity with high demand in Mbita community. Since the year 2011, I have been involved in selling of chicken to get income to meet family financial obligations. The business has been doing well though I cannot expand to reach break even pint due to lack of capital to enable me keep a stock of birds ( chicken) for re-selling after preparation.

Mbita area is a fishing community and in seasons of January - April there's very good fish catch, and in this times of the year, fishermen do like to eat chicken instead of fish. It's upon this reason that I am looking for loan to expand the business and get a good profit to help me meet my family needs i.e education for my children. In normal circumstances, I do buy chicken worth Ksh 3,000 and re-sell at a cost of Ksh 3,500 therefore making a profit of Ksh 500 per day during the good fish catch seasons. If I get a loan of Ksh 21,000, I will buy 30 chickens, I will be able to make a profit of about Ksh 1,500 per day, this will boost my income and help meet the business operational costs and repay the loan on time.

Loan Proposal

With the loan of Ksh 8,034, I will use in purchase grown hens for sale at Mbita Market at a very good price, enabling me to raise a good income to help me meet my family needs e.g food, shelter and education.

Now being a good fish catch season, I will be able to get a good income and re-pay back the loan on time. with Ksh 8,034

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