Cattle farming ltd

Jared Mokaya

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Jared Mokaya

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

I am planning to start a goat rearing project too.I want to increase my revenue by almost double.I will add one calf to my stock too.In the next one year,i expect to start milking it.Your loan i a great booster to my business for growth.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$49.08

Date disbursed

Jan 23, 2015

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Lender interest: $49.08 at 11.94% annual rate over 1 month = $0.71

Service fee: $0.22

Lenders

Brian

Midhurst, Canada

Dayton

Vancouver, Canada

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