Commercial dairy farming project

David Wachira

Nyeri, Kenya

100% repaid

Entrepreneur

Name

David Wachira

Member since

April 2017

On-time repayments

211 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

Dear Lenders,

I have passion in dairy farming. I understand that feeding my dairy animals with quality feeds is key to increase their production and ultimately lead to higher returns.
I plan to use my next loan to build a store for storage of hay and the other fodder. This will go a long way in ensuring that I have plenty of feeds for the dairy animals at any given time.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$143.06

Date disbursed

May 21, 2017

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Service fee: $6.02

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$143.06

Amount remaining

$0.00

Date repaid

May 29, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jun 1, 2017 $28.60 May 29, 2017 $28.60
Jun 8, 2017 $28.60 May 29, 2017 $28.60
Jun 15, 2017 $28.60 May 29, 2017 $28.60
Jun 22, 2017 $28.60 May 29, 2017 $28.60
Jun 29, 2017 $28.60 May 29, 2017 $28.60
Jul 6, 2017 $0.04 May 29, 2017 $0.04

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