Cement my cows cattle shed ,buy seedlings and plant

Michael

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Michael

Member since

July 2017

On-time repayments

63 installments  •  86%

About Me

My name is michael, married and a father of 4 kids. I come from a place called Nguku in Muranga county. I was born in a family of nine whereby I was the first born. My parents practiced farming which is small scale farming. We had coffee as a cash crop but it then lost value which made life so hard for our family. The land was so small and therefore the life was from hand to mouth. All in all we were able to get some formal education upto form four and that was it. That is when i decided I will continue with the small scale farming for a living . I do vegetable farming in the small inheritance farm,rear some kienyeji chicken and have two cows for dairy farming. I would wish that my life changes for the better and my kids get better education than myself

My Business

I do small scale farming dealing with vegetables,chicken and dairy farming in a small farm. On the farm I have a well in support of a seasonal river which helps me in doing irrigation on my vegetables and offer water for my animals. The vegetables I sell to the market during market days. This brings me an average of 2 dollars per day. I also sell eggs from my chicken an average of 1 dollar per day. The milk I get from the cows sells at an average of 3 dollars per day.Apart from the income the farm assists me in feeding my family and assist my aging parents.

Loan Proposal

I will buy cement which will cost me 700 dollars, ballast, stones,sand and timber will cost me 300 dollars. The small small things like nails and iron sheets I will recycle and will cost me 5 dollars. Labour is 200 dollars. Seedlings will cost me 100 dollars plus labour. Once the shed is in order my cows will have a nice feeding place and also a good milking place especially on this rainy season which will increase milk production leading to high income. The dug from the livestock will be directed to the farms thus adding more manure to my crops and thus high harvest.I am expecting my income to increase by more than 25% and hence will be able also to construct a good house for my family.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$131.00

Date disbursed

Apr 14, 2018

Repayment status

On Time

Projected term

2 months

Lenders

moursund

Beaver Nation, United States

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