Loans for buying feed for cows and goats for my milk business

Jared

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Jared

Member since

November 2014

On-time repayments

56 installments  •  63%

About Me

.Went through hardship to finish high school.
.Am the first born,so i had to work hard to set an example to my siblings.
.I started rearing chicken,sold eggs,paid fees&bought food.
.My children want to be business people&wealthy.
.I am a fan of football,so i watch matches alot.
.I also like farming,so most of the time,i tend to my cows and vegetables.

My Business

.I sell milk to our local school&shops.
.Milk is in demand here because its dry sometimes.
.I chose this business because i saw an opportunity in cattle rearing.
.I spend 10 USD in a month in cattle upkeep&feeds.I earn 50 USD in a month from milk sales.
.The profits from the sales goes to fee payment&i save 20% for future investment.

Loan Proposal

This is my 3rd loan,i will use it purely to purchase feeds for my 3cows&3goats at a cost of USD 200.Kenya has erratic weather&there is achellenge for animal feeds since sometimes its so dry&i have to hire a vehicle to go buy feeds from several miles away.My animals consume alot&thats why i have to stock alot of feeds&this is the reason i need this loan greatly&urgently.God bless you as you change poor peoples' lifes!Thank you very much.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$182.00

Date disbursed

Jun 15, 2015

Repayment status

On Time

Projected term

5 months

Lenders

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