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Free-Range Chicken And Duck Expansion

by Kihei Poultry LLC
Free-Range Chicken And Duck Expansion

Adding chickens and ducks to sold-out quail production will allow Kihei to meet surging demand for local, Maui-produced poultry.

Project Summary
  • Location: Kihei, HI
  • Products: Poultry
  • Loan Term: 60 months
  • Interest Rate: 10% APR
  • Repayments Begin: 3 months after disbursement
$10,000
100% of $10,000

Funded on 03/15/2021

Kihei Poultry is a woman-owned, family-operated poultry farm in Maui, Hawaii. It is the first and only USDA and FDA-approved source of poultry and eggs on the island. The farm sits on a beautiful 2 acres of pasture where the ducks, chicken, and quail are free-range. Kihei’s initial quail production generated so much community interest for locally sourced, humanely raised poultry that Kihei Poultry has decided to increase production in order to meet the community’s growing demand. Their customers include individuals, restaurants, and grocery stores and they have a waiting list of well over 100 individual customers that is growing every day! 

Use of Funds

In order to serve their growing list of customers, Kihei Poultry is in need of capital to cover the costs of expanding their operation to include chickens and ducks (in addition to their popular quail products). Kihei Poultry will be ready to process the first batch of chickens and ducks within only six months of receiving the needed capital. At that point, the business will have the capacity to process and sell batches of birds every two weeks, which will generate enough profit to cover all operating costs and loan payments, as well as starting to save for unexpected expenses and future expansions to serve their local Maui market.

Kihei Poultry’s goal is to contribute to Maui's self-sustainability by means of a steady, consistent supply of fresh meat and eggs. 

Sustainable Agriculture Practices

Kihei Poultry’s commitment to animal welfare, environmental sustainability, and the strength of the local economy is clearly on display in their management practices:

  • 85-90% of Hawaii’s food is imported, which creates a significant economic and ecological impact. Kihei’s meat and eggs are hatched, raised, processed, packaged, and delivered fresh on the island, reducing the community’s reliance on high-impact imports.
  • An on-site mealworm farm provides fresh, low-footprint snacks and protein for the birds.
  • The 2-acre site provides ample room for the poultry to range free during the day, but sleep safe and sound in their spacious walk-in coops.
  • The majority of farm supplies are purchased locally to reinvest capital in the Maui economy.
  • Providing local, affordable meat and eggs supports community health and reduces food miles and emissions.
  • June 23, 2021

    Progress Update

    Aloha everyone! I want to thank you all for the support and faith you have shown in my new family business as we build and grow our poultry farm.

    Overall, things are progressing well. Our customer list continues to grow, and despite an unexpected, more than 3 month long shipping backorder for our incubator, we finally have eggs set!

    I have figured out a better incubation schedule for production of product. Now we will have availability weekly, allowing a more even, steady supply. This is especially appealing to local chefs! We are thoroughly enjoying this career as a family, building from the ground up a business that will provide quality, sustainable food for the community. As we grow, we will also create quality jobs for others. This would not be possible without the support from each and every one of you, giving us confidence that there is enough interest to continue moving forward. We are so very grateful!

    Mahalo!

  • March 17, 2021

    Mahalo!

    Aloha, thank you all so much for the support and financial help to get this poultry farm going. The needed equipment listed on the project budget will be ordered soon, and I will locally purchase chickens and ducks. I will be posting project updates along the way, as well as sharing pictures on the facebook page "Kihei Poultry." I am so excited and grateful, Mahalo! - Elise

Budget

Walk-in Coops & Covers - $4,000: Purchasing 6 large, walk-in coops, 6 large heavy-duty tarps, and 12 small tarps in case of heavy rainstorms, and stakes to secure the coops.

55 Chickens - $1,000: 45 laying hens and 10 roosters, purchased locally.

25 Ducks - $500: 20 laying ducks and 5 drakes (drakes are male ducks), purchased locally.

3-month Supply of Feed - $3,300: Includes layer feed, grow feed, bird feed, oyster shells and grit.

Electric Plucker Barrel - $400: A plucker barrel is essential for processing and packaging chickens and ducks in a timely manner.

Feeders and Waterers - $500: Chicken feeders and water bowls.

Garden Hoses and Spray Nozzles - $300: Hoses, spray nozzles, adapters, and a water hose repair kit.

Total Budget: $10,000


Terms

This loan will be made to Kihei Poultry LLC, a Hawaii limited liability company that raises and sells fresh poultry meat and eggs.


This loan is for expanding farm operations to include chickens and ducks.


The total loan amount is $10,000 which will assist Kihei Poultry in growing and expanding its business. 


This loan is set at a 10% interest rate with a 60-month term and fully amortized monthly payments beginning in 3 months after funds are disbursed.


Documents

Borrower Loan Agreement
 Download
Lender Participation Agreement
 Download

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