Microfinance for New Businesses in Developing Countries

by Erie Bagenda

I came a cross a type of chicken called Kuroilers from India and I've already started rearing them. They are wonderful chicken!!

I have a proposal to put to you.

I dont know if you would be interested. We would team up with you to set up a small farm here in Uganda, I think we can do wonderfully good. We don't need a lot of money. I have already acquired 3 Acres of land, I've also put up the first chicken house and have started with 400 Kuroiler Chicken (Parent stock). My intention is to hatch and sell one day old chicks, plus eggs and Cocks for meat.

Briefly if we are to rear eg. 5000 chickens every six months we can sell each between (10 - 12 USD) making approx. 50,000 USD. every six month. Yet we would require only about 5000 USD. in Investment to do this.

I am a very credible person. I hope you're interested to know more about me and the project.

You could spare some time, come to Uganda and see how we can both benefit in this project.

Here attached with I'm sending you a brief from Keggfarms- India, a company that developed this Unique chicken Breed. The brief was written by Harvard Business School and can be found at this link:

Hoping to hear from you soon

Bagenda Erie

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Feb 03, 2015
by: channingck

In India, the Farming is their profession and the farming may be anything whether it is animals or birds. You are right about the chicken. Here there are good massive chicken available. And the government will give the sufficient amount of finance support as the Frank said.

Nov 13, 2012
by: Fred Zake

Erie, this is a good idea. Please send me an email on zakefred [AT] gmail.com and we discuss how we can collaborate on this and other projects.

May 10, 2012
Microfinance for New business In Developing Countries
by: Jacob

WoW! That sounds a brilliant idea in an African economy.I think you need to set up a registered Business and let people buy Shares in it. I think it has chance to grow!

May 08, 2012
Try Kiva!
by: Anonymous

Hi Erie

Your project sounds destined to be a great success. I suggest you present your project on www.Kiva.org. When you do, send me the link and I will be the first to donate to get your business going. The Kuroilers chicken seems like an amazing bird - the perfect dual purpose breed. Wish we had them in Australia.

Best of luck with your great project.



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