Loan to repair dairy shed

Kevin

Muthithi, Kenya

100% repaid

Entrepreneur

Name

Kevin

Member since

May 2016

On-time repayments

102 installments  •  24%

About Me

I am Kevin Maina, a young and ambitious farmer. I have been through several academic ranks upto college level. In my childhood, my mother was a farmer and good she was, but only against the local standards.
I therefore inherited the attraction to farming but with a renewed desire to be the best there can be. After a few years of temporary employment, I quit after realising meagre savings...
Here I am trying to utilize the limited loan facilities available to help me prove to my fellow young friends that joining agriculture wasn't a mistake, but the right step towards youth empowerment.

My Business

Describe your business or income source in at least 300 characters
I am into the dairy farming, a promising venture in the county. My home is near several urban settings that boast of huge number of tenants. Obviously, these people need to feed and milk is that one item you are sure to find in every homestead in Kenya. It is this realisation that informed the county government's idea to subsidize the cost of dairy farming. I therefore took full advantage to Lower operational costs in veterinary care, fetch higher prices for the produce among other related benefits.
To maximize profit, my idea is to create sustainable and weather resistant food supply round the year and in turn keep more animals.
My target is to put up a modern housing structure for my young family and later diversify my business.

Loan Proposal

Describe what you will do with the loan in at least 200 characters
I'll repair the floor of the shed.
Sand-10dollars
Labour-8 dollars
Ballast - 3 dollars
The repair costs are low since some materials to be used are leftovers from the previous construction projects

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$20.00

Date disbursed

Jun 16, 2016

Repayment status

On Time

Projected term

7 weeks

Lenders

IM

Isak Maaseide

Tromso, Norway, Norway

JA

Jorge Alagon

Munich, Germany

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