Cattle for dairy farming

Judy

Kamoi, Kenya

3% repaid

Entrepreneur

Name

Judy

Member since

February 2015

On-time repayments

164 installments  •  69%

About Me

About Me
Am a first born in a family of three, a continuing student studying Nutrition in Rift valley Technical Training institute-Eldoret. As a kid i always dreamt of being an entreprenuer. Getting capital to begin my business was not easy, but with my little savings from jobs during vacations i was able to buy a dairy cattle which I sell the milk to the neighbour customers. Therefore I request zidisha for a little loan to boost my business in terms of capacity.
The business is situated at kokwao location and has been in operation for 8 months.
I started the business to fill a gap which existed at the location due to unmatched demand and supply.
I usually re- invest most of the profit the business has generated in order to increase the capital base.
With the zidisha loan, i will increase the number of dairy cattle. This will increase the milk yields currently available and also meet the demand of various customers

My Business

My Business
As i previously mentioned, the business deals with dairy cattle for provision of milk,
These milk customers buy frequently in order to satisfy their everyday needs.
There are several competitors in the area, however my business prides itself in being able to offer most affordable milk in terms of price.
The business faces risks such competition from similar businesses and also decreased purchasing power of consumers which usually characterise the post festive period.
Presently, the business generates 60 USD in a month in terms of profit.
Loan Proposal
Currently, the business can only handle and sell milk of around 30 litres a day and this is not sufficient to meet customers demand due to increased population.
The loan will be used in acquiring another dairy cattle to increase daily milk supply,hence increasing the business capacity.
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Loan Proposal

Loan Proposal
When I get this loan Iam intending to use as below and I once again request my lenders to support me in order to meet the target:-
-Buy additional 2 dairy cow costing each Kes 160,000/.
-Buy a bull sement @ kes 20,000/.
-Add dairy feeds costing @kes 20,000/
US Dollars 2,000/.
This therefore will increase the no. of dairy cattle, thereby increasing the profit margin by 50% and creating employment to jobless young youths in the society.
Thanks.

Feedback

1

None

1

  • David    Jun 16, 2019

    Made a couple of payments in 2017, but has not been heard from since. In June 2019, I finally gave up and transferred the loan to the Zidisha Members Loan Fund.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$582.00

Date disbursed

Aug 4, 2017

Repayment status

Late

Projected term

117 months

Lenders

Dipsius

London, United Kingdom

Cloudways

Malta, Malta

ads68

Melbourne, Australia

F

flaguy999

Tampa, United States

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Ellen

Michigan, United States

PZ

Phillip Zink

United States

David

Canada

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

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