Additional heifer for increased milk production

George

Matundura, Kenya

0% repaid

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

Disbursed amount

$802.00

Date disbursed

Dec 17, 2017

Repayment status

Late

Projected term

25 months

Lenders

T

Tec69200

Jacksonville, United States

nmatpt

Lisboa, Portugal

S

Stephan

Netherlands

VS

Vajean Stan

Mangalia, Czech Republic

MR

Michiel Rauws

San Francisco, Netherlands

TO

Thomas O'Neil

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

SC

Shane Coughlan

Takamatsu, Japan, Japan

Amon Munyaneza

Kigali Rwanda, United States

Jim Murray

United States

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Summary

Amount repaid

$2.46

Amount remaining

$798.54

Expected completion

Jan 19, 2020

Status

Repaying late

Installment amount

$1.97

Repayment History

Expected Payments Actual Payments
Dec 24, 2017 $0.99 Dec 28, 2017 $0.99
Dec 31, 2017 $0.99 Jan 12, 2018 $0.99
Jan 7, 2018 $0.00
Jan 14, 2018 $0.00
Jan 21, 2018 $1.97 Jan 25, 2018 $0.49
Jan 28, 2018 $1.97
Feb 4, 2018 $1.97
Feb 11, 2018 $1.97
Feb 18, 2018 $1.97
Feb 25, 2018 $1.97
Mar 4, 2018 $1.97
Mar 11, 2018 $1.97
Mar 18, 2018 $1.97
Mar 25, 2018 $1.97
Apr 1, 2018 $1.97
Apr 8, 2018 $1.97
Apr 15, 2018 $1.97
Apr 22, 2018 $1.97
Apr 29, 2018 $1.97
May 6, 2018 $1.97
May 13, 2018 $1.97
May 20, 2018 $1.97
May 27, 2018 $1.97
Jun 3, 2018 $1.97
Jun 10, 2018 $1.97
Jun 17, 2018 $1.97
Jun 24, 2018 $1.97
Jul 1, 2018 $1.97
Jul 8, 2018 $1.97
Jul 15, 2018 $1.97
Jul 22, 2018 $1.97
Jul 29, 2018 $1.97
Aug 5, 2018 $1.97
Aug 12, 2018 $1.97
Aug 19, 2018 $1.97
Aug 26, 2018 $1.97
Sep 2, 2018 $1.97
Sep 9, 2018 $1.97
Sep 16, 2018 $1.97
Sep 23, 2018 $1.97
Sep 30, 2018 $1.97
Oct 7, 2018 $1.97
Oct 14, 2018 $1.97
Oct 21, 2018 $1.97
Oct 28, 2018 $1.97
Nov 4, 2018 $1.97
Nov 11, 2018 $1.97
Nov 18, 2018 $1.97
Nov 25, 2018 $1.97
Dec 2, 2018 $1.97
Dec 9, 2018 $1.97
Dec 16, 2018 $1.97
Dec 23, 2018 $1.97
Dec 30, 2018 $1.97
Jan 6, 2019 $1.97
Jan 13, 2019 $1.97
Jan 20, 2019 $1.97
Jan 27, 2019 $1.97
Feb 3, 2019 $1.97
Feb 10, 2019 $1.97
Feb 17, 2019 $1.97
Feb 24, 2019 $1.97
Mar 3, 2019 $1.97
Mar 10, 2019 $1.97
Mar 17, 2019 $1.97
Mar 24, 2019 $1.97
Mar 31, 2019 $1.97
Apr 7, 2019 $1.97
Apr 14, 2019 $1.97
Apr 21, 2019 $1.97
Apr 28, 2019 $1.97
May 5, 2019 $1.97
May 12, 2019 $1.97
May 19, 2019 $1.97
May 26, 2019 $1.97
Jun 2, 2019 $1.97
Jun 9, 2019 $1.97
Jun 16, 2019 $1.97
Jun 23, 2019 $1.97
Jun 30, 2019 $1.97
Jul 7, 2019 $1.97
Jul 14, 2019 $1.97
Jul 21, 2019 $1.97
Jul 28, 2019 $1.97
Aug 4, 2019 $1.97
Aug 11, 2019 $1.97
Aug 18, 2019 $1.97
Aug 25, 2019 $1.97
Sep 1, 2019 $1.97
Sep 8, 2019 $1.97
Sep 15, 2019 $1.97
Sep 22, 2019 $1.97
Sep 29, 2019 $1.97
Oct 6, 2019 $1.97
Oct 13, 2019 $1.97
Oct 20, 2019 $1.97
Oct 27, 2019 $1.97
Nov 3, 2019 $1.97
Nov 10, 2019 $1.97
Nov 17, 2019 $1.97
Nov 24, 2019 $1.97
Dec 1, 2019 $1.97
Dec 8, 2019 $1.97
Dec 15, 2019 $1.97
Dec 22, 2019 $1.97
Dec 29, 2019 $1.97
Jan 5, 2020 $1.97
Jan 12, 2020 $1.97
Jan 19, 2020 $594.06

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