Rabbit farming

Victor

Kericho, Kenya

25% repaid

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How it Works

Entrepreneur

Name

Victor

Member since

March 2016

On-time repayments

196 installments • 40%

About Me

I'm brought up in a family of five and we practice agriculture that has so far financed every activity.
As a child i aspired to get a well paying job after my education,but this has not materialized.Iam a graduate in business management but i have chosen to practice agriculture because i saw how beneficial this was to our family as a source of income.
My future plan for my children is to raise them to be flexible in different activities as income requires flexible minds in the ever changing world.
I enjoyed hunting with my friends and this is a hobby i enjoy very much.

My Business

I started a rabbit farm after a short training that targeted the youth in our area on how to be self employed.People buy rabbit fur,meat and also seek for assistance in construction of warren.I currently have fourteen herd of rabbit.
I chose this business because its unique as there was only one person practicing this in our area,and after discussion with him,i realized it had good income.
Rabbit keeping has costs for buying rabbit feeds,pet doctor service costs,construction of rabbit warren costs and transportation to various clients.
I'm currently reinvesting my profits back by buying different rabbit breeds and this has also enabled me to buy one dairy cow, I'm looking forward to diversify my activities as this will boost my income.

Loan Proposal

With my next loan i will purchase a motorbike that will enable me to transport my products to various markets as transportation has been expensive and a big challenge to me.
This will minimize so much expenses that i incurred over the last period and my profits will grow from the current Ksh800 to Ksh1,200 .