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TOPIC: Government Loans for chicken farming

Re: Government Loans for chicken farming 5 years 10 months ago #12

  • Seeker
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I know rural farmers wo have got money from government - up to 600K. They apply for the loan through department of Agriculture. Usually there are 12 people or so in the group and they don't have any poultry experiance at all. They get land and chicken houses and food and chickens - how do these guys doit? - or where do they apply - anyone know.

Re: Government Loans for chicken farming 5 years 10 months ago #11

  • mbelekwane
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I agree with Mlungu, try SEDA.

However, they've a total different agenda all together when it comes to loans and funding. We went for a briefing on the 04 August 2011 at PTA, old CIPRO building, where we sat for a chat on how SEDA works and everything they have to can assist an entrepreneur succeeed. Making funds/loans available is not one of their services regretably yet, they can assist, through real life assisgnments and feedback on what to do to starting a business. If and when one follows their assigments, they eventually assist you in applying for finance with the Financial Institutions, AGRI-Seta etc. Their assignments are excellent trust me. I will post contact detials later on today.

My take and approach on busines loans is and will be, sort out the logistics first, such like obtaining a formal written business plan, marketing plan, registration of said business (including VAT and TAX) and then start small. This starting small says that as you go out in search of funding, you would have tested your business idea and ascertained that it is working and now you wanna grow it further, hence finance application. Something to consider with this in thought, ABSA will only consider your application if your business has been operating for 12months; NEDBANK need you to be in operation for at least 9months as well as Government etc and yet, this doesn't mean you'll automatically be granted finance. You will still need to pursuade them that thier funding will really play a pivotal role in growing and succeeding you.

Keep well and happy farming

Re: Government Loans for chicken farming 5 years 10 months ago #10

  • mbelekwane
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Iyo, total reep off mos... :angry:

I guess there's a lot that i still gonna go through since i'm interested in getting in to Farming Industry. Howzit Seeker? My name is Sandile Mbelekwane and i reside in Tsakane, Ekurhuleni, east of Gauteng. I am currently working for a company called Pansolutions until the 31 August 2011. I attended a Poultry Production Course offered by the ARC-Agriculatural Research Council based in Irene, PTA, for 4 days and i must say that for an emerging farmer like myself, it was worth it. I am seeking more infor and/or knowledge when it comes to how to run a farm, any help will do.

Myself and two cousins of mine are determined to get into the Industry and are busy looking for an available land around Nigel, Brakpan and of course Tsakane whether it be leased or on sale, to run our business from. Our focus is on Selling Eggs in and around the Ekurhuleni and grow to commercialize ourselves. There've been quite a lot of challenges, acquisition of Land been one them, yet we believe that overtime we overcome them.

I will post as much progress on this site as soon as we commence business and by the look of things, we will start with the back yard enterprise, which i don't think we'll operate for long.

I am glad that i will have farmers like you from whom to obtain advise and the likes, for a successful farming.

Keep well

Re: Government Loans for chicken farming 5 years 10 months ago #9

  • Seeker
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Watch out for agencies, I have heard that these payers will charge you a lot more for the chicken houses. They say they will help you with the application and the business plan - which they do, and very well. The only thing is that if the chicken house costs R120 000 - they hit government for double or triple. A real rip off. Means that you could have put an application for all of that an maybe got 3 poultry houses from government. :angry: What really pisses me off is that there is another small chicken farmer who does not get a loan while some tosser gets rich robbing the government - I don't mind these guys charging a fair fee - but 100 grand for a business plan and an application - no ways.

Re: Government Loans for chicken farming 5 years 10 months ago #3

  • Mlungu
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try for poultry loans from government

Government Loans for chicken farming 5 years 11 months ago #2

  • trumpet
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Getting government loans for chicken farming in South Africa - where is the best place to start?
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