Additional incalf heifer for more milk production in my farm

Entrepreneur

About Me

Am a passionate dairy farmer and a sports coach in the sport of badminton. I practice my dairy farming in Bomet county where i focus on keeping dairy cows for production of milk for sale and breed the rest of the cows for sale.
Am currently in the process of expanding the size of the farm in order to have it as a full time job as i have to keep another job in Nairobi so as to sustain the dairy farm. Its full potential has not been realized and therefore have to continue investing for the next few months when the cows calve down and start producing milk.
While away from the farm, I also offer badminton coaching services. Sports coaching takes place in tho exclusive clubs in the Nairobi's park-lands area.

My Business

My main source of income are from the dairy farm and also the coaching services.

I make an average of between US dollars 200 and US dollars 450 per month depending on the month. At the moment, the net returns are mostly invested back into the dairy farm in order to aid the current expansion.

Most of the other income come from the business of buying and selling of badminton sports equipment which include badminton rackets, shuttles, grips and racket strings.

My intention is to fully commercialize my dairy farming business so that i can fully settle into the farm and focus in the commercial production of milk for sale.

My other major source of income will originate from the sale of cows to other farmers.

Loan Proposal

Lenders,

It's with great humility that I once again submit a proposal for a financial support.  First, thank you for entrusting me with the previous loan facility.

I am seeking for a financial support  towards expanding the my herd size at the farm. So far, I have  a herd of 15 cows in the farm. Out of the 15 heads, the mature milking cows are only 5. The rest of the herd comprises of young calves and heifers that are almost due for breeding.  The 5 cows are however not productive enough to meet the cost of feeding the entire herd as well as a portion some profit for the farm.  I am hereby seeking for a loan facility in order to add two mature cows to the herd in order to increase milk production. This will buffer my cashflow at the farm while my bulling heifers are bred/ inseminated for "tomorrow's" milk production. Two mature cows will cost about 200,000 KES( approx 2000 USD).  With the advanced loan of 166340 KES, I'll be able to top up the balance from the current farm cashflow account.
Besides an increase of milk output in the farm, an additional two milking cows will result in an extra farm hand to handle the milkers as well as providing the uchungu needed labour at the farm. That saves me the cost of hiring a casual laborer on a daily basis to attend to the dairy fodder in the fields.

Thanks and looking forward to a positive feedback.

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