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1,500KES/Unit


Harvest Time: 7 months

Payback Rate 25% in 213 days

Available Units: 566

Funding Goal: 849,000 KES


units

Short Description

Vicon farm is an organic startup that is involved with rabbit Rearing for Healthy meat besides having pure kienyeji (local) poultry, Alpine dairy goats and gala goats for meat. Currently, they are rearing ten rabbits which are Califonia and New Zealand White rabbits which have a high growth rate and high meat to born ratio hence producing more meat per rabbit while taking less space to keep and their feeding is cheaper due to availability of different feeds locally. The main aim of the project owner Mr.Victor muli approached Crowdy Agritech was to enable expand and commercialize the project with the help of partners through the peer to peer crowdfunding model being offered on this platform.


Project Description

There is a new wave in Kenya – that of rabbit keeping. Rabbit breeds vary, although they have one thing in common – they are easy to keep and they quickly reproduce such that the money you use in your start-up capital can be recovered within three months to six months depending on the breed you keep.

Kenyans are not accustomed to eating rabbit meat despite the numerous nutritional benefits that come with rabbit meat. According to Victor Muli the owner of vicon farm rabbit meat is recommended for a variety of health-specific specialty diets such as diabetes, gouts, and hypertension amongst others. It is also low in cholesterol, low in calories, low in saturated fat, and highly digestible hence suitable for both the old and the young people.

With several incomes, a farmer must strive to tap from rabbit, namely by selling meat, skin, manure, urine, ovals, and fur.

Rabbit skin is precious leather and is being used to make beautiful products like shoes, saddles, wallets, caps, bags among other leather products.

According to the Kenya Agriculture and Livestock Research Organization, 84.8 percent of rabbit production in the country is done by small scale farmers. The sector has been growing steadily over the last five years.

The main breeds kept are New Zealand white (29 percent), crossbreeds (24 percent), Californian white (12 percent), Chinchilla (11.5 percent), Dutch (eight percent), Flemish giant (5.5 percent) and French Lop (4 percent).

Commercial rabbit rearing” Vicon Farm “will secure, food security, create a wide variety of jobs and hence wealth creation for our farmers and our people.

Investment

An important aspect of rabbit farming is shelter. It is recommended that for every female rabbit, there should be 3 cages. This is simply to prepare for when she reproduces so as to accommodate the litter.

Vicon farm is looking for the cash to acquire 200 cages this is in addition to what is already available this will enable provided good ventilation and breading space.

The estimated cost of the cages which measure 2.5ft cubic including labor and material is sh3000. This cost is however dependent on factors such as the source of material so if well-sourced, the price should be brought down.

The cages will not require a lot of specifications, but they will be well ventilated, have access to sunlight and will placed at a better position not to face the wind. But as for Vicon farm, they are well aware of wind directions in his area and this will be done accordingly.

A breeder rabbit costs between sh 2000 and sh 3000 depending on its age. Vicon farm needs to purchase an additional 10 rabbits, If they buys 5-month-old rabbit would expect the rabbits to start reproducing immediately while buying the 3-month-old ones would only wait for at most 2 months before they reproduce. This will be well balanced to ensure productivity is well taken care of for better and efficient results.

Maintenance

The maintenance costs majorly arise from feeds for the rabbits. On average the rabbits are going to cost between sh500 and sh700 for the lifetime. That is from birth to the moment they will be sold to the market.

Rabbits are fed mainly on pellets, hay, and water all of which is readily available and will be sourced from the nearby market at the most affordable price. A mature rabbit consumes about 120gms-150gms of hay/pellets per day. These costs are all-inclusive in the sh500-sh700 mentioned above. Another cost is disease management which will be done with the help of experts who will be working on the project.

Market For Rabbit

Vicon farm has already identified buyers for the mature rabbits which will be for meat purposes within the nearby Thika and Ruiru town


Project Requirements
  • Cages
  • Rabbits
  • Housing
  • Feeders
  • Drinkers
  • Pellets
  • Hey
  • Labour
  • Project Challenges
    • Insufficient funds