Bulls to butcher

Peter

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Peter

Member since

April 2015

On-time repayments

169 installments  •  81%

About Me

I was born in a family of five as the first born,I went to primary school through Collage,I din't go to a nice Collage because of school fees and my siblings,After collage i started a church with the principle that i would not get any money from it but support it,i lost all my friend , but now people who are joining us are growing in many ways, in business I started farming when i was very young and was inspired by my Grandfather,I raised chicken which paid my school fees,and had some left for my pocket money,Because of the passion in farming ,I live in a culture where people depend on farming ,but the don't do it smart,and i want to be a solution and let them know and see that farming is business,not just a way of life.

My Business

After venturing into mixed farming afew years ago I can see the fruits of my labor. I started with poultry the moved to dairy cows,and all this has been through Zidisha. Now I have 500 layers and another 250 chicks to replace the layers once they are old in the next six months. I then bought some. Dairy cows venturing into production of milk I have three and four haifers and thee bulls. From these. I am able to pay school fees and support my family and the less fortunate in the community. This loan iam applying today I want to raise ten young bulls for butcher at the end of the year a will be buying them for seven thousand fatten them and sale the after a year for 40k.my strategy is for the current project the chickens and cow pay for the bulls. From which I plan to buy land at the end of the year after selling them and borrowing another loan. Thanks Zidisha.

Loan Proposal

After using the previous loans wisely and expanding my poultry and dairy cows and their calves and using the profit in expand my dairy structure. I will use these loan to buy bulls for fattening and later butcher them after a year. I will by ten young bulls for 7k each and the rest oof the money use for vaccines, deworming and buying surplus feeds to fatten them. At the end of the year sale them between 35k to 40k

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$1,056.00

Date disbursed

Jan 14, 2020

Repayment status

On Time

Projected term

5 months

Lenders

Paul Buchheit

Mountain View, United States

M

Mike

Wyncote, United States

Ask Peter a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...