Funding for building livestock shed

Mike

Kapsoit, Kenya

100% repaid

Entrepreneur

Name

Mike

Member since

May 2014

On-time repayments

83 installments  •  31%

About Me

I am college graduate with telecommunication engineering but I was not priviledged to get employed hence I decided to venture into farming,currently I am supplying local residents with fresh milk directly from my cows,I would like to use the funding to increase the number of cows and also to buy refrigerators,a challenged I have right now is keeping milk fresh for a long time,
I am also keeping chickens that are producing eggs

My Business

Currently I will use the proceeds from my farm produce to repay the loan,I have 50 chickens 30 of them laying eggs,I get 30 eggs in a day plus or minus 3
,this give me a total of $ 5 a day and also I have 5 cows producing 40 litres of milk a day,this gives me $ 15 consideration also that I will use the loan to expand this I am not only certain to repay your loan but also to repay it on time

Loan Proposal

I will used the loan to buy materials for building a modern shed for my livestock (cattle) currently they are just tied in an open field,which is not recommended as it puts pressure on my limited pasture land and also hard to collect manure for my plants,
The shed will assist in manure collection,gives time grass to grow in the field and most importantly my cows will not stray to my food plantation at night when I am asleep.

Feedback

4

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Aug 11, 2014

Repayment status

On Time

Projected term

5 weeks

Lenders

PaulE

Cockeysville, MD, United States

McJulio

New Jersey, United States

Jason

Auckland, New Zealand

H

howard

Vence, France

T

thebonseung

Republic of Korea

Matching Fund

Sterling, United States

Leonardia

Waddinxveen, Netherlands

F

frenchy

United States

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