Additional heifer for increased milk production

George

Matundura, Kenya

Expired

$152 to go

81% funded of $811 goal

0

days left

Entrepreneur

Name

George

Member since

September 2015

On-time repayments

207 installments  •  47%

About Me

My names are George Ngugi Born in the year 1985 in Nyahururu. I am the second born in the family of six. I started my early education in Nakuru where I used to stay with my Aunt as my parents were more in business. I was late to attend my Secondary Education at Kagumo Secondary School and completed in the year 1998. I am married with three children who are in primary school. My interest in business can be traced back when I was still young and this is through inspiration parents who have been in farming for as long as i can remember. Its with this inspiration that upon completion of my Secondary school I enroled for a Diploma course in Agricultural Extension. With 5 Years and no job forthcoming, i ventured into farming, something I am proud of todate.

My Business

I am in farming business growing a variety of crops mainly Irish potatoes, Carrot, cabbages and French beans. I also rear Dairy cows of Fresian Breed which does produce about 15kgs of milk every day we use about 2kg for the family and sell on average 13kgs per day to Dairymen co-operative society getting an average of 120 USD per month. My main activity is with milk production as with crops,require more time looking for market and same time market prices keeps on changing and frequent exploitation by middle men. Whenever this happens I convert the crop farming produce to cow feeds, e.g when cabbages are fetching low prices, I feed them to my cows. Currently I have one cow with one quality breed heifer about 1 ½ years old. My monthly turnover is on average USD 300 from my other farming business and this is what use for family upkeep and what remains is taken back to areas of priority in business.

Loan Proposal

I do thank you for the previous loan which was a great success, with this loan, I am requesting lenders to help fund me in support of acquiring another Fresian High breed dairy cow. This will help me increase my milk sales as this breed is known to produce a high milk volume. With the previous loan, I bought a similar breed and recently after calving, I have increased milk production and sales. Currently a good Fresian Breed is going for USD 700, With additional breed, there is a chance that in few months I will double my current milk prouction which will greatly improve my business. I will also change the feeds to ensure that i get the maximum out of this breed as I know good feeding will boost milk production.

Feedback

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Loan Info

Project Type

Classic Loan

Amount requested

$811.00

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