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.
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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
Other loans
Lenders
United States
United States
United States
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David Jun 16, 2019
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