Bio gas extractor
Emmanuel
Angorom, Kenya
$0 to go
100% funded of $390 goal
0
days left
Entrepreneur
Name
Emmanuel
Member since
February 2015
On-time repayments
31 installments • 55%
About Me
my name is Emmanuel . I am the third born in a family of 4 kids. I was raised with single mum after the death of my dad when I was 5 years in 1988 Nairobi bomb last. My mum struggled to see me through the primary school.I later joined st josephs chakol secondary school but had to drop at form three second term for lack of school fees.
I joined motorbike boda boda (ferrying people) but i had to leave the job due to acute pneumonia occasioned by cold during the ride. I was jobless and with no source of income. I bought one heifer using my savings from the motorcycle youth group i had joined , the cow gave birth after one year. I sold the milk and used manure and bought yet another indigenous cow ,though they give little milk ,they are resistant to diseases and for now they sustain me though,I am looking forward to better yielding species in the near future.
I like playing rugby on my free time ,I am also a soccer fun. I like meeting new people and giving motivational to my peers who are in depression or have lost hope.
My Business
I keep cattle for milk and manure.Currently I have three cows and three calves. I sell my milk to my neighbors and manure to an inorganic farm in the neighborhood. The demand for milk have been rising consistently due to reduction in grazing areas that have made majority of farmers to sell their cows. Due to reduced cattle farmers and increase in organic farms the demand for manure has also risen very fast.
I choose this business because it was the most profitable idea I had. I have also been passionate about keeping livestock.
In a month I spend $50 on drugs and fodder .My monthly revenues are $190 . I use the money to pay fees for my siblings and buy food for my family
Loan Proposal
Hello lenders, I hoe yo are all well. I thank you for helping my business grow and for being with me always. I now grow more beneficial dairy cow that give me more beneficial. I wish to utilize the animal waste through construction of bio gas plant. The project will cost $950 and I have $600 in savings to add to the loan so as to make the dream true. I would use the gas and sell it to 10 other house hold at $50 per month flat rate.That would add my revenues by $500 per month and would change my life. Thank you in advance.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$390.00
Date disbursed
Jul 29, 2015
Repayment status
Late
Projected term
3 months
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