Cattle fattening project

Ken

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Ken

Member since

February 2017

On-time repayments

25 installments  •  64%

About Me

my name is kennedy watti from kenya. i have a bachelors degree in mathematics from University of Egerton njoro. am currently working in a bank called Faulu in kenya but also have side hustles in kitale in tranzoia county

My Business

Iam a banker with monthly salary of 347,000 and own a farm practising dairy farming with monthly income of 100000. i have 4 cows that produce 20 litres each.that is 80 litres daily at a cost of kes 30. proceeds paid montly in arreas

Loan Proposal

I will use the loan to buy fertilizer that will be used to top dress the recently planted grass and maize. Once the crops have matured they will be converted into silage to be stored and preserved for future use. The silage can last until the next season in 2019.

I will require to buy 12 bags each at 20 USD costing a total of USD 240. Will need an additional USD 75 for labour and other equipment for weeding.

Feedback

1

None

None

  • guenter    Jan 26, 2019

    Ken payed back one month late - but he payed back the full amount without problems.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$70.00

Date disbursed

Mar 31, 2018

Repayment status

On Time

Projected term

6 weeks

Lenders

S

SelvaMarcus

Green Cove Springs, United States

juliemartha

Lake Mary, United States

ads68

Melbourne, Australia

Immanuel

Darwin, Australia

A

AndrewC

London, United Kingdom

F

FSO

Canada

S

sarah4d2

Saint Louis, United States

J

JonAlec

United States

K

KH

United Kingdom

Paul Buchheit

Mountain View, United States

SD

Sheri Dieck

United States

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

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  • Ken    Apr 11, 2019

    Thank you Zidisha Team for supporting Agribusiness activities

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  • Ken    Jan 29, 2019

    Thank you Paul The funds will go along way in assisting finish my project,

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  • Ken    Jan 28, 2019

    The loan was be used to buy Giant king grass seeds and natural manure. The Total costs are Kes 100,000.

    The Seeds cost Kes 2000 per Kilo and require 8 Kgs and Manure will cost Kes 5,000 and Labour to cost 2,000. The Grasss takes 120 Days to grow. This projects is estimated to give me overall saving of 15,000 per month on the savings that i would have used in buying cattle feeds.

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  • Ken    Dec 14, 2018

    Thanks Paul and Guenter. The funds will purchase the much needed seeds for my cattles

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  • Ken    Jul 28, 2018

    With this Cash, I will be able to add on my existing float to buy new seeds for grass that takes 4 weeks to be ready. Being a rainy season in Bungoma County, i expect this to be worthy investment as i will save on what i would haev used to buy silage or nappier grass

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