Dairy business

Stanely

Embu, Kenya

Funds disbursed

$0 to go

100% funded of $16 goal

0

days left

Entrepreneur

Name

Stanely

Member since

March 2019

On-time repayments

14 installments  •  36%

About Me

I do carry on dairy farming in which I sell milk to gain I worked at my uncle's farm for a period of time in which I was getting a salary each month . I spent a third of my salary to Carter for my personal needs while the reaming money I saved hoping that on day I would also start my own businesses , this took a while for I to save enough money to so as to start my dream of dairy farming . After an year I had saved enough capital to start my own businesses.
I spent the savings by buying : a cow which costed eighty thousands , constructed a cow shed and also bought an heifer . After some few months my heifer give birth and increase my total milk production which enabled me to get a heavy income. After a period of month I used my income from my cows which I used it to buy a chaff cuter so as to reduce labour used on the farm..

My Business

I do carry out dairy farming whereby I have two healthy cows which produce a total of seventy five to eighty litres per day. The milk from my farm I usually sell it to a local Brooker at a cost of fourty Bob per litre making a total cost of three thousands and two hundred per day of which quarter of the total day income is utilized by my cows to ensure that they are healthy and productive . some of the money I use it to repair cow shed and also buy hay and commercial feeds which I do buy each and every month that pases on and the rest of the money I use it to cater for my family and savings

Loan Proposal

will use my loan to buy commercial feeds for my dairy cows and also buy some deworming drugs so as to ensure that the cows are in good health condition and also healthy . this will make them more productive since their bodies are in good health condition is and also they will have a balance diet which will make them more productive than before hence it will help me to get an extra capital to cater for the family and also pay my loan installment without much struggle.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$16.00

Date disbursed

Aug 23, 2020

Repayment status

Late

Projected term

4 weeks

Lenders

Andrew

United States

R

Roman

Germany

RS

Ralph Smyth

United Kingdom

Black and White Zebra

Vancouver, Canada

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