Wholesale purchase of hay for my dairy cow

Yussuf Hassan

Burumba, Kenya

100% repaid

Entrepreneur

Name

Yussuf Hassan

Member since

October 2014

On-time repayments

6 installments  •  100%

About Me

I am Yusuf Hassan born in Busia in 1978.I went to Busia Township primary school and proceeded to Busia secondary school. Thereafter life started becoming difficult after my parents passed on.
To make ends meet i started keeping dairy cow,to help raise funds to take my siblings to school.
My children are interested in agribusiness ,since they believe its is profitable profession and they are interested in keeping our county food secure.
I like looking after my cow when i am free. This really makes my day.

My Business

I keeping dairy cow,that I usually milk and sell the milk in raw form to my neighbors,and local hotels.The demand far outweighs the supply and in most occasions i turn down offers from buyers.
In a good month i spend $200 on feeds and drugs.My monthly revenue is $500 and in a good month I make $300.I use this money to take my kids to school and support my family.

Loan Proposal

My name is Hassan Yussuf a dairy farmer from Busia. I am requesting for $100 loan to help me buy hay for my cow,during this rainy season when they are cheap,for preservation to be used during the dry season starting December. I would be glad for your support.Thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$99.69

Date disbursed

Oct 24, 2014

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Lender interest: $99.69 at 3.16% annual rate over 1 month = $0.38

Service fee: $0.45

Lenders

X

xander

Plainfield, Vermont, United States

Elinor

Maple Lake, MN, United States

I

icetwice

Melbourne, Australia

Umair Mahmood

Raleigh, United States

P

phangsang

Seattle, United States

kuebel

Vienna, Austria

stanbogdanov

Sofia, Bulgaria

R

rhompa

United Kingdom

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