Dairy farming

Robert

Jericho, Kenya

100% repaid

Entrepreneur

Name

Robert

Member since

March 2016

On-time repayments

255 installments  •  47%

About Me

Am kenyan citizen born in a small village called Kipkelat, in Mogor sub location ,Chebunyo Ward..Bomet county. I grew up in a farming background where my parents are good in dairy farming !
I had a never- dying dream of becoming a dairy farmer like my parents and i have had a promising attitude of achieving the same .
After my education i was able to put up some saving and started with one dairy cow which has given me hope for the future. the unique culture is the believe that my community has the cows as their main business but i challenge this by bringing in the dairy breed which can be kept in a small piece of land.
I have been telling and taking my child through the needs of being a good dairy farmer as his other income after finishing his education.
My part time hobby is ensuring my dairy cows are well fed, milked and watching documentaries about successful dairy farmers . Playing football and visiting the needy

My Business

My Business Mainly is Milk Production ,, But after the past Loan . i acquired a Car which i now use to deliver My Milk Produce to the nearest Dairy plant at a cheaper cost and also charge a fee of 0.05$ per to transport my neighbours produce . translating to 0.05$*90(From Farmers)= 4.5 $ per day *25days=112.5$ for transport Only .
Milk is used Mainly for Domestic purposes hence making it the most demanded Product in the Market.. I chose it because its implementation is naturally acceptable and easy.. As at Now am able to get 50 litres of Milk per day ie
50Ltrs*0.4$/lt=20$
20$*25days=500$+112.5$ (from Transport Business)
=612.5$
I use the profit to pay for Two kids School fees, Buy dairy meal and Purchase High Standard AI for my dairy cows so as to Get High Quality Breed.
Then i will have to employ more workers to add on the Two i have Now hence helping the society at large.

Loan Proposal

The current loan will help in enhancing the new stock and having the Nappier plantation upgraded with the new technology and fertilizers to allow quick and higher yield. The old dairy cows need to be inseminated in the next 2-weeks and i wanted to ensure i get the best breed of which its more expensive than the normal breed.
After this.. the milk production will increase by 40% of which the turnover and other proceeds will ensure job opportunity to at least another 2 jobless youths

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$363.00

Date disbursed

Oct 11, 2016

Repayment status

On Time

Projected term

6 months

Lenders

Paul Buchheit

Mountain View, United States

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