Purchase of chicken feeds

Entrepreneur

About Me

I am a second born child in a family of six, four boys and two sisters. I went to Kiganjo kindergarten for my nursery education and latter joined Kiganjo primary school up to standard four. I was later transferred to Nzoia Primary school from standard five to eight where i sat for my Kenya Certificate of Primary Education (KCPE). I went to St.Teresa's Kabula Secondary school and did my Kenya Certificate of Secondary Education (KCSE) in 2000. I joined Manjasi High School in Tororo Uganda For A-level education and sat for Uganda Advanced Certificate of Education (UACE) in 2002. In the year 2003 i joined Makerere University for my Bachelors education and graduated with a degree in Social Sciences in 2007. I started poultry farming in the year 2010 by rearing layers to supply unfertilized eggs in Bungoma town then in 2013 i ventured into hatching and selling indigenous day old chicks. In western kenya indigenous chicken is a delicacy and thats my unique value preposition.

My Business

I do hatch a total of eight thousand indigenous chicks monthly with two thousand chicks weekly. I sale one day chicks at ksh.100, one week Ksh.150, two weeks Ksh.200 and one month chicks at Ksh.250. The breed i am hatching is high yielding and matures faster and is highly resistant to diseases. I chose business because of the increasing demand for white meat. My costs include purchase of eggs from farmers as i currently outsource my eggs for incubation. A fertilized egg costs $0.25 and i do my purchases on a weekly basis as i also hatch on a weekly basis. I use the profits earned to expand my business as i plan to raise my own parent stock, formulate chicken feeds and rear mature birds for slaughter.

Loan Proposal

The said amount will be used purposely for the purchase of chicken feeds. The said feeds will be purchased in bulk so as to ensure constant supply of the said feeds to my chicken. This will also help to reduce the cost of transportation from the nearest Agrovet. The constant supply of the quality feeds to the chicken will ensure that they become healthier and thus increase in production of the quality fertilized eggs eggs for hatching. This will in turn lead to production of quality chicks for supply to our famers thus leading to the level of income. I look forward to your kind support. Thank you very much.

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