Some Good Farms, by Juliet Gyamfuaa, has a flock of 350 hens that lay eggs for sale to businesses and households in Sunyani, Ghana. If selected for a microloan, funds will be used to expand the chicken coop and add 200 chicks. Ths would result in a monthly increase of $127 in net profits (55% increase in net income). Juliet’s farm has been operating since January 2021. She explains her business below.
My husband and I (shown above) are still expecting God to bless us with children. But we have a boy that we’ve been fostering for the past five years. He is in high school.
Company Mission
- To provide quality eggs.
- To provide affordable eggs.
- To provide fresh eggs.
- The farm raises day old chicks (layers) from 16 to 20 weeks, where they start to lay eggs.
- The birds are being raised from the first week to eightieth week, were they are being sold off for meat when they are no more laying eggs. They live in the coop shown below.
- 350 layers. 90% production.
- 10 crates of eggs a day = 1 crates of egg is sold at $3.05 daily sales.
- 70 crates a week. 70*$3.05 = $213.5 weekly sales.
- 300 crates per month. 300*$3.05 = $915 monthly sales.
Watch Juliet’s Pitch Video Below or click HERE
TARGETED CUSTOMERS;
- Provision shops, super markets, restaurants, house holds
When given the loan it will be used to expand the coop that can accommodate an extra 200 chicks. From a well recognized company who deals with poultry products and imported Day old chicks from Netherlands and Belgium.(Aishmo Enterprise ) And I can assure you that their Chicks are very healthy because I’ve been buying from them.
EXPENDITURE;
- Cost of expanding the coop is $547.43.
- Cost of 200 day old chicks = $1.6*200 =$320.
- Total = $867.43 divided by 24 months = $36.14 monthly re-payments
- Customers purchase directly from farms with ready cash.
- The size of the egg determines the price.
Revenue Model
350 hens produce 300 crates per month = .86 crates per bird per month. 350 hens produce $285 in net profits per month ($0.81 net profit per bird per month). So an extra 200 birds will produce 170 more crates per month and a net profit of $163 per month – $36 per month loan re-payment = $127 monthly increase in net profits after investment (55% increase in net income).
