Commercial dairy farming project

David Wachira

Nyeri, Kenya

100% repaid

Entrepreneur

Name

David Wachira

Location

Nyeri, Kenya

On-time repayments

211 weekly installments  •  82%

About Me

I am an animal scientist by profession and I have passion for commercial dairy farming. My parents were dairy farmers and that's how they managed to educate me. Consequently I developed passion for commercial dairy farming.
I currently have a dairy farm and I managed to start a dairy farm from my salary's savings. I need to hire 10 acres of land to plant fodder for the cows. This will enable me to grow and commercialize the farm.

My Business

I work with a vet pharmaceutical company and I expect to start earning from my dairy farm soon. I have several in calf heifers in the farm which will be lactating in a few months time.
I look forward to a establishing a successful dairy farm that will be a leader in milk production in my area in and impact the community positively through provision of jobs

Loan Proposal

I plan to buy a water tank to ensure enough water for my dairy enterprise at any given time.
I will use the loan to place a deposit for the purchase of the water tank. Subsequent loans will enable me pay for the water tank in installments.
There is a challenge with water availability in my home area and if given larger loans in the future after proving my creditworthiness, I hope to drill a borehole for provision of water to the community in my home area.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$4.97

Date disbursed

Apr 27, 2017

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Service fee: $0.22

Lenders

S

Stephan

Netherlands

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