Growing animal feed for dairy farm
Solomon Kebeney
Mutwot, Kenya
100% repaid
Entrepreneur
Name
Solomon Kebeney
Member since
April 2016
On-time repayments
283 installments • 84%
About Me
Hi, my name is Solomon Kebeney from Kenya, Rift valley province , Uasin- Gishu county. i am 38years old ,married and blessed with two child. i studied diploma in electrical engineering at technical university of Kenya, and now working for an electrical generating company within Nairobi city. During my free time i enjoy playing chess ,volleyball and travelling.
My Business
I have three sources of income;
1. salary from employment sector where I work as electrical expert.
2.Poultry Farming.
Loan Proposal
I will use the loan to for production/growing of animal feeds as follows;
-renting of 1acre farm at cost of 10,000ksh. or 97usd.
-digging of 1 acre farm at cost of -2,500ksh. or25usd .
-preparation of farm for planting -2500ksh. or25usd.
-purchasing of seeds at cost of 4,000ksh. or 39 usd.
-purchasing of fertilizer 1bag at cost of 3000khs . or 29usd.
-transport, labour and storage cost 6000ksh. or 58usd.
This will ensure constant supply of animal feeds hence constant production of milk hence more profits .several people will benefit eventually these includes . casual workers who assist in farm, milk venders and suppliers of farm inputs.
I expect the profit margin to increase by 25% in the near future.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$293.91
Date disbursed
Jun 21, 2017
Repayment status
On Time
Projected term
17 months
Cost to entrepreneur
Service fee: $12.99
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