Feed for the livestock

Kelvin

Lusaka, Zambia

100% repaid

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How it Works

Entrepreneur

Name

Kelvin

Member since

January 2018

On-time repayments

14 installments • 29%

About Me

My name is Kelvin Chirwa a young entrepreneur i own an online boutique business, i sell men, ladies clothes,shoes ,Handbags and Computer accessories. I have recently bought two dairy cows. I completed my high school grade in 2004 with good grades. I didnt managed to go to college due to my financial dificuties but i managed to find a part work in shop and raise capital to start my online boutique which is doing well now. Currently, i own a piece of land 45 km in eastern part of Lusaka. I was inspired by the people who live there because they truly dependant on farming and livestock rearing. I partly invested my money by purchasing two dairy cows for business. my hobbies have changed in that i spent my past time at this small farm i have acquired and read books on dairy farming.

My Business

Currently i want to boost my dairy business. I do sale milk from the cows to Palabana Milk cooperative. According to the Dairy Association of Zambia, Currently Zambia imports milk to fill a deficit estimated at more than 50 million litres per year. Domestic demand has been increasing at a higher rate, and is currently estimated to stand at 445 million litres per year. (Source: africanfarming.com). Therefore the demand of milk is high in that companies such as Parmalat, Zambeef etc are the mainly buyers of produce.
I choose this business because i have development a passion for the dairy business and i could like to contribute to the nation production of milk and bridge the gap of the deficit in the industry. The profits from this venture will be channelled to the reinvestment of the small holding which i have and help to pay for other expenses.

Loan Proposal

Good feeding practices mean better and increase milk production. I want to add the amount requested to purchase silage for the cows feeding. Silage plays an important role in the milk production of cows. Currently, we are production 22 litres in a day per cow, if we feed the cows well we expect increase of milk of approximately 30 litres going up. These means more income coming to the business and expected the profit to increase of up to ZMK 1200. I will be also looking forward to assist other entrepreneurs in future.