In the last batch of 900 chickens raised by franchisees (groups two & six), 67% made a profit, 25% broke even and 8% made a loss in the cycle (due to stock loss). Of those who made a profit, the average profit was NZ$59.00. Profits were earned over 50 days for about 30 minutes work a day. This additional income is important supplemental income for people normally earning between $0.50 and $2.00 per day.
Top performer, Ben Tabb (above right) earned NZ$87.65 in the cycle working part-time for half an hour a day. When he started the programme, Ben (age 45) had a total of NZ$14.35 in life savings and an irregular income working in construction. Since joining as a franchisee he's had total sales from his chicken-raising business of NZ$1,606.25 which has earned him a profit after expenses of NZ$354.78. Better still, he now has savings of NZ$177.20, which will act as a buffer against future hardship.
Funding a family like Ben's to join the programme is easy, if you'd like to find out more click here.
We founded Catalyst Microfranchising after living in South East Asia and seeing first-hand the daily struggle the ultra poor face in meeting their basic needs.