Fertilizer for maize and 20 rabbits for breeding

Damson

Mumias, Kenya

Funds disbursed

$0 to go

100% funded of $406 goal

0

days left

Entrepreneur

Name

Damson

Member since

January 2015

On-time repayments

26 installments  •  46%

About Me

My name is Damson Barasa. I was born to Mr. John Barasa and the late Sarah Baraza,who I never got a chance to see,I am told she passed on while giving birth to me,may she rest in piece. I am the last born in a family of 6. I schooled upto O-level at Mundika Boys secondary school.
I started keeping rabbits while in secondary school to cater for my expenses,because my parents dad could not afford my school fees. I kept rabbits in small scale and could sell them to buy books and pens incase dad had no money . After secondary school ,a friend lend me $30 that i used to build a bigger house and expand my business. The business has slowly expanded and i currently have 34 rabbits though my aim is 300 rabbits.
I come from luhya community,our culture include traditional dancing and singing.
I am a soccer player and during my free time i join my friends to play.I also dedicate some time to visit those with various problems orphans,sick and old just to talk and motivate them.

My Business

I am a rabbit keeper,currently I have 34 rabbits. I generate revenues through sell of rabbits ,manure and urine.
Most rabbits waste provide very good manure and I use it in my small vegetable farm and also sell to organic farmers . The rabbit meat is preferred by most people who dont like red meat and the demand has steadily risen over the years.
I choose this business because i had experience in rabbit keeping and had ready market for the them.
I spend 50 dollers on average and get 200 dollers in a good month from the sales. I use my profits to pay fees for niece,save to reinvest and support our family general upkeep.

Loan Proposal

dear sir /madam
I hope my request finds you in good health . I am writting to express my joy,thankfulness and enthusiasm for your kind heart,love and desire to help teach others how to fish. I am requesting for my third loan to enable me buy fertizer for top dressing may maize on time and buy 20 rabbits for inbreeding to stop losses occasioned by weak kittens due to inbreeding. Better well improved rabbits will also meet the market standard weight faster and will be more healthy fetching better prices. I beg you support me. Thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$406.00

Date disbursed

May 29, 2015

Repayment status

Late

Projected term

3 months

Lenders

Zidisha

Sterling, United States

utdream

United States

Y

YP

Malaysia, Germany

PG

Paul Graham

United States

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  • YP    Jul 6, 2015

    Hello Damson,
    I hope the farm is going well. Can you please give us an update on your repayments? Thank you.

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  • Damson    May 18, 2015

    I am so thankful to you lenders and zidisha team for the financial and moral support you have given me these far in my business endeavors. It takes a kind heart to lend ,someone whom you dont know and is miles away. I am so happy and thankful.

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  • Damson    Mar 16, 2015

    I take this opportunity to thank you lenders for the good work your are doing.Personally the loan has been of great benefit and has really helped me improve my farm. The young rabbits come and they have really grown pretty fast. I sold 50 rabbits last week and earned $550. I am really grateful

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  • Damson    Jan 30, 2015

    I am so happy honorable lenders.Thank you so much

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