Add food stuff stock for my dairy farming
Vincent
Kitui, Kenya
100% repaid
Entrepreneur
Name
Vincent
Member since
April 2017
On-time repayments
36 installments • 100%
About Me
i was born in a family of seven ,i being second from the last,i attended yoonye primary school from class one up to eight,eight years in primary school it wasn't a walk in park since my father and mum used to make and sell illegal illicit brew in the community.i joined secondary at kitui boys high school ,under scholarship of my elder brother who volunteered himself to be employed by school management as ground man in exchange of my school fee,after form four i joined moi university ,i did degree in business administration.luckily after university i got a job as a librarian in mutito girls secondary ,i saved ksh 70000 which i bought first dairy cow,the area is characterized by cool and warm temperature since we are near to mutito hills. 70% of the people are Christians while remaining 30% is deeply rooted in our traditional believes,i would wish my generation to be industrious and GODS fearing for there is hope in our GOD.i really like singing since my childhood ,singing is my passion and think this could be the reason i have been leading choirs almost all institutions,currently choir master at A.I.C mutito.
My Business
am currently working as librarian ,position helped me to raise capital for my business.
currently have 3 dairy cattle ,which gives me around 55 to 60 liters a day,the area climate favors my dairy business and milk at the area is on high demand since is cheaper than rear packaged milk.the profit caters the need of my family ,pay secondary school fee of my brothers child and look after my elderly parents.
Loan Proposal
am currently in need of $374 for my dairy farming.
i will spend $150 on stocking hay.
i will spend $100 on veterinary purposes eg dewarming.
i will use $50 on paying casual laborer.
i will spend $50 on paying water bills.
This amount of money will accelerate the profitability growth of my business by 15%.I fully depend on the generated profit to meet family needs and paying school fee for my late brothers children.This growth of 15% will enable me settle the loan on weekly basis successfully.
Thank you all.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$368.00
Date disbursed
Dec 17, 2017
Repayment status
On Time
Projected term
2 months
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