Buying cattle and construction of a cattle dip

Rose

Nairobi, Kenya

1% repaid

Entrepreneur

Name

Rose

Member since

April 2015

On-time repayments

228 installments  •  14%

About Me

Am a loving wife and Amother of a five year son my Husband is a veterinary Doctor and a dairy farmer, Am a Secretary at the same veterinary but in a diffrent section.

My parents are from kericho town in the rifty valley and am married in the central province of kenya,
I did a secretarial course at kenya institute of management studies , I love my family so much and I would wish to provide everything for them in future,
My husband has alwas been surportive to me He is the one who got me the job after school and he also paid for my course,My son wants to be a politician but my husband wants him to be a farmer.
Travelling is what I love most experiencing diffrent climate and learning diffrent cultulture and languages makes me hapy.

My Business

Like I stated am employed as a Secretary earning 12oooksh a month , I find this cash not enough due to my family raising needs.

I want to do dairy farming with my husband and in future I would resign from my job and concentrate with the livestock as my husband continues with is work.

I find dairy keeping a good idea due to demand in milk and meat products, also availability of manure which can further lead to small scall farming,
My husband and I have several cows and goats I would wish to buy a calf and surport him with his dreams.

Currently a liter of milk goes for 45ksh a cow can give 20 ltrs in a day giving a averaage of 900ksh per day this is three times my salary in a say so I find it reasonable to quite my job and concentrate on the farm.
Addition of more cows will lead to increase of milk production and manure for sell and home farming in future.

We target to have a maximum of ten cows due to the size of land ,This profits will be more than enough to educate my son and take care of my families raising needs.

Loan Proposal

Thank you so much for the earlier loan that you funded me. it greatly helped to realize my dreams and long life goals. i used that loan to buy a cow and milking cylinders that helped me to ferry the milk to customers.
if given the next loan, i am planning to reinvest the money in the cattle scheme by buying 2 cows at a cost of 100 Us dollars each, use 160 Us dollars to construct and buy materials for the cattle dip where my cows will be passing to be sprayed from ticks and diseases, this will help improve the health of my animals and thus increased production. i am also planning to use the cattle dip for commercial purposes where the villages will be using that cattle to control ticks from their animals and thus in the process they pay some amount of money which beside the cows income will also be a source of income.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$361.00

Date disbursed

Jan 17, 2016

Repayment status

Late

Projected term

45 months

Lenders

WE

Wendy Emlyn

Devon, United Kingdom

PG

Paul Graham

United States

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