How to Make GH₵ 5,000 per Month from Poultry Farming without Spending a Dime

©Shutterstock Hen house business in Thailand

Overview of the growth of social media usage in Ghana

Want to know how it’s possible to make such an amount? The answer is simple – open a Facebook page.  According to https://tinyurl.com/nbfzcwf, the percentage of Ghanaian citizens using the internet increased from 0.15% in 2000 to 23.48% in 2015. To put that into perspective, that’s more than a 15,000% increase in 15 years. Again, according to https://tinyurl.com/ybcy38zb, Facebook was the second most popular social media platform after WhatsApp with approximately 1.6 million users in 2008 and with a very conservative growth rate projection of 3% per year it is estimated that Facebook users in Ghana will reach 2.6 million by the year 2025. So with this many people on Facebook, there is endless opportunity for more poultry products to be sold.

How do I make the money?

Now that we have established Facebook as an emerging marketplace, let’s delve straight into how you can make GH₵ 5,000 per month. In this instance, you are going to sell eggs. It is common knowledge that eggs are in high demand in Ghana but even with this fact, some farmers can still face difficulties in marketing their products. To solve this problem, all you have to do is to open the Facebook page. After you’ve opened the page, you are going to state that you sell eggs. So anytime, a customer orders for eggs, you go straight to a poultry farmer, pay for them (the eggs), supply them and pocket the change. So let’s assume the cost price of one crate of eggs is GH₵ 14 and you sell each crate for GH₵ 16, all you need to do is sell 84 crates of eggs per day to make a little over GH₵ 5,000 per month. The interesting part of this is you neither reared the birds nor rented a store; all you had to do was to open a Facebook page.

Breakdown of GH₵ 5,000 per month strategy

1 crate = GH₵ 14 (cost price)

1 crate = GH₵ 16 (selling price)

If you sell 1 crate per day and assuming there are 30 days in a month, you make:

GH₵ 16 × 30 –  GH₵ 14 ×30 = GH₵ 60 per month

Therefore, if you want to make GH₵ 5,000+ you need to sell:

GH₵ 5,040/GH₵ 60 × 1 crate/day = 84 crates/day.

Conclusion

It is very easy to make money when you are given plenty of it but the real challenge is how to make money when you don’t have any, therefore, learn to be innovative and take advantages of opportunities around you.