BESTSELLER FOUNDATION partnered with Agro Business Development in 2015 to offer rural Ugandans a loan to buy a solar powered chicken egg incubator dubbed ‘SunChick’. The SunChick offers people in areas without electricity a solar powered, simple and efficient way of significantly increasing the number of eggs that turn into chicks. Chicks that grow up to become food or an income – or both. And that’s just the beginning.
A good business for entrepreneurs
The idea is that farmers obtain loans (in groups or alone) to buy the chicken incubator, which can increase their income.
Through sales of eggs and chicken (broilers) produced by the incubator, it is expected to ‘break even’ in year five. Once broken even, a table egg producer can earn USD 1,550 and a chicken producer USD 1,060 annually from the incubator.
Loans and grant investment
BESTSELLER FOUNDATION invests in the solar powered incubator initiative through a loan and a grant.
The loan will be disbursed to a bank which will then provide loans to individuals or groups to buy the incubators.
The grant will cover training of 720 farmers and project management related to the incubators.
Improved food security
Chicken eggs and meat are the two most important sources of protein in the rural areas.
Increased production and consumption will therefore have a positive impact on household food security and income achieved from sales.
More eggs and chickens – more jobs
Introducing 23 incubators to the rural area will not only increase the poultry production, and improve local food security, it will also increase the demand for maize and soy (chicken fodder), which means more production, more jobs, sales and income for farmers.
It is expected that each incubator directly or indirectly will create up to 30 jobs.