African Chicken’s story
African Chicken is tackling the issues of poverty, hunger, and unemployment through chicken. It does this by partnering with rural women farmers in Tanzania, supplying them (for free) with baby chicks, chicken feed, training, and veterinarian support.
Once the chicks are fully grown, African Chicken purchases 90% of the chickens from the farmers, and distributes them to retailers, hotels, and restaurants in Dar es Salaam, the largest city in Tanzania. 10% of the chickens are purposefully left with the women to feed their families. In its first six months of operations, African Chicken has supplied chicks to 64 women and they have raised 12,000 chickens.
This loan will grow the supply of chicks and feed to supply the next 176 women who have signed up to be production partners.
Learn more about African Chicken here: http://www.africanchickenltd.com/
This loan is special because:
More about this loan
Kiva will help Fledge entrepreneurs push through the pioneer gap — where they have proven a demand for their product or service, but lack the funding required to reach sufficient customers to either get to a profitability directly or interest impact investors.
All of Fledge’s entrepreneurs are both social mission-driven and aiming for profitable operations — with the mission embedded within the product or service.
Fledge is a U.S.-based, for-profit social enterprise that incubates companies with a social impact element that work domestically and abroad.
All ‘fledgling’ companies are both social mission-driven and aiming for profitable operations — with the mission embedded within the product or service.
Funding on Kiva will help Fledge fulfill its mission by helping their graduates push through the pioneer gap – the point at which companies have proven a demand for their product or service, but lack the funding required to reach enough customers or investors.