Meomo

Kiptangwanyi, Kenya

20% repaid

Entrepreneur

Name

Meomo

Member since

October 2012

On-time repayments

33 installments  •  0%

About Me

I am a father of seven children only one in high school, the rest have completed their education. I live in Kiptangwanyi about 300 meters from kiptangwanyi trading center along kiptangwanyi-makongo road, next to kiptangwanyi centre plot number 142. My occupation is farming (mixed farming) also I am also a member of elementaita S.H.G, I have a general knowledge.
I started a business of farming after having an education day of farming funded by Brookside Company, by the end of the day they promise us to be buying our milk, they also tell us to crossbreed the indigenous cattle by dairy breed which are highly productive in milk, but before I was dealing most with vegetable and maize/beans farming. I am expecting to purchase more cattle’s and chicken also I will purchase a piece of land to accommodate the feed of animal and farming of vegetable maize and beans.

My Business

My business is farming
My business includes cattle farming, chicken rearing and vegetable, beans and maize in small scale. They is a lot of demand of the product such as milk, because the milk is taken by the Brookside company dairy, and also so many people here rely on vegetable, beans and maize.
Most of the farmer in kiptangwanyi have not yet crossbreed their cattle thus making me being the most of the few one who will produce much milk. The business will be profitable because most of the feed a get from my farm. The risk facing the business is poor road during the rainy season which hinders the transportation of the milk and farm products.
My typical monthly cost is khs 50000, sale revenue is around ksh 25000 and profit is above 20000 but I am planning to earning more.

Loan Proposal

Hi lenders,I will use the money i will get from zidisha to buy vegetables seed i,e carrots and cabbages seeds,the rest i will use to prepare my piece of land i.e in ploughling and employing labourers because i wanted to increase the land which i was cultivating thus i wanted to increase my piece of land.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$500.00

Date disbursed

Nov 23, 2012

Repayment status

Late

Projected term

34 months

Lenders

P

Philippe

Adliswil, Switzerland

B

Bpryse

Long beach, United States

T

treyh

San Diego, CA, United States

T

ToddK

Indianapolis, IN, USA, United States

C

Charlie

Hometown, United States

T

tonilends

catalonia is not:, Spain

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