Name
Robert
Member since
March 2016
On-time repayments
255 installments • 47%
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 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.
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
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$363.00
Date disbursed
Oct 11, 2016
Repayment status
On Time
Projected term
6 months
Other loans
Amount repaid
$363.37
Amount remaining
$0.00
Date repaid
Apr 18, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Oct 24, 2016 | $5.04 | Oct 25, 2016 | $5.04 |
Oct 31, 2016 | $5.04 | Oct 25, 2016 | $5.04 |
Nov 7, 2016 | $5.04 | Oct 25, 2016 | $5.04 |
Nov 14, 2016 | $5.04 | Oct 25, 2016 | $5.04 |
Nov 21, 2016 | $5.04 | Nov 24, 2016 | $5.04 |
Nov 28, 2016 | $5.04 | Nov 30, 2016 | $5.04 |
Dec 5, 2016 | $5.04 | Dec 5, 2016 | $5.04 |
Dec 12, 2016 | $5.04 | Dec 14, 2016 | $5.04 |
Dec 19, 2016 | $5.04 | Dec 19, 2016 | $5.04 |
Dec 26, 2016 | $5.04 | Dec 21, 2016 | $5.04 |
Jan 2, 2017 | $5.04 | Dec 21, 2016 | $5.04 |
Jan 9, 2017 | $5.04 | Dec 31, 2016 | $5.04 |
Jan 16, 2017 | $5.04 | Jan 18, 2017 | $5.04 |
Jan 23, 2017 | $5.04 | Jan 24, 2017 | $5.04 |
Jan 30, 2017 | $5.04 | Jan 31, 2017 | $5.04 |
Feb 6, 2017 | $5.04 | Feb 11, 2017 | $5.04 |
Feb 13, 2017 | $5.04 | Feb 11, 2017 | $5.04 |
Feb 20, 2017 | $5.04 | Feb 20, 2017 | $5.04 |
Feb 27, 2017 | $5.04 | Feb 28, 2017 | $5.04 |
Mar 6, 2017 | $5.04 | Mar 10, 2017 | $5.04 |
Mar 13, 2017 | $5.04 | Mar 16, 2017 | $5.04 |
Mar 20, 2017 | $5.04 | Mar 23, 2017 | $5.04 |
Mar 27, 2017 | $5.04 | Mar 29, 2017 | $5.04 |
Apr 3, 2017 | $5.04 | Apr 3, 2017 | $5.04 |
Apr 10, 2017 | $121.00 | Apr 10, 2017 | $121.00 |
Apr 17, 2017 | $121.38 | Apr 18, 2017 | $121.38 |
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