Kiprotich
Roysambu, Kenya
100% repaid
Name
Kiprotich
Member since
July 2015
On-time repayments
10 installments • 50%
To begin with, my name is Kiprotich Ezra. I live in Tarakwa village in Bomet County, Rift Valley, Kenya. I was born brought up in upcountry (Rural) .I grew up in environment and culture where subsistence farming is practiced. I am graduate with a university degree but it happened that I have not yet gain formal employment so that made me to venture into farming. I would to like to mentor my children to be entrepreneurs. My hobbies are attending agricultural shoes and engaging in discussion with successful farmers (mentors)
I started livestock farming about 3 years ago, it all start with one cow and I now have 10 of them. I also invested in buying the young bulls and growing/fattening them for market. There is always ready market for the milk and beef. I buy young bulls from neighboring Narok county then I fatten them and they are ready for market in about 6 to 9 months time. I get average of $100 daily from sell of milk and and $500 per bull after every 6 to 9 months from sell of beef cattle, making a profit of about $250 after factoring in the cost of $100 and feeds $150. I use the profit to pay for my siblings education and reinvest the remaining into business.
I currently have have a livestock farm(dairy farm, and i also do keeping /fattening beef cattle for sale, I intend to lease land to grow animal feeds since i currently rear young livestock (Beef animals) sale them at higher market price to supplement on what i daily get from sale of milk. I am first born in a family of 5, I have a single parent with my siblings still in school. This project will assist a lot in paying for their education. I will expect my profit to double within six months.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$1.00
Date disbursed
Oct 12, 2018
Repayment status
On Time
Projected term
3 weeks
Other loans
Amount repaid
$0.12
Amount remaining
$0.00
Date repaid
Nov 2, 2018
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Oct 19, 2018 | $0.04 | Oct 17, 2018 | $0.04 |
Oct 26, 2018 | $0.04 | Oct 26, 2018 | $0.04 |
Nov 2, 2018 | $0.04 | Nov 2, 2018 | $0.04 |
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