Capital to restock goats for resale

Kiplangat Mutai

Nakuru, Kenya

18% repaid

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How it Works

Entrepreneur

Name

Kiplangat Mutai

Member since

November 2014

On-time repayments

83 installments • 19%

About Me

I am Kiplangat mutai and i reside in nakuru kabachia estate. I hail from kericho county and my early schooling was in kericho both primary and secondary.my post secondary education was in eldoret.this is where i did my accounting course so i am an accountant by profession but i have ventured into farming.
I overcome the hardship in life by staying positive and getting inspiration from motivational speakers and also take solace in the bible.i am strong believer in the christian faith and an usher in the church.
i started my business of dairy farming 2 years ago after school, as it was profitable to keep dairy animals and grow tea. the culture that is strong where i live is that people are attached to the land they live more so ancestral homes and people like milk.
i would like my children also to be farmers because it has been in the farming for long and they will get more earning from it.my hobbies are swimming and hiking.

My Business

i am a farmer and keep dairy breed of animals and will be diversifying to keeping of goats that are also selling well as they don't take time to mature. milk is in high demand and also goat meat is also much needed in the festive season like end of the year.
i chose this business because it gives me returns and as such i have a lot of customers that come for the milk and meat.my typical revenue is $180 to $200 per month and from the revenue got from the business i manage to pay my bills and also be able to add my stock of animals

Loan Proposal

thanks zidisha team for the loans that you provide and they improve lives.when i get this second loan l will be able to restock goats that l sold during the festive season.currently students are going to school and parents sell goats to pay school fees, as such i will be able to buy goats at a low price then sell them at double the price in nakuru.there are some goats i will buy and feed them well to improve their prices. i will use the money in the following way $180 i will use to buy more goats and the remaining $20 i will use to transport the goats from baringo to nakuru.