Laban
Nakuru, Kenya
$0 to go
100% funded of $100 goal
0
days left
Entrepreneur
Name
Laban
Member since
May 2013
On-time repayments
9 installments • 0%
About Me
My name is Laban Mukuna Isaiya and a resident of Nakuru county am married with four children who are in various primary schools here in town. l was not able to complete my primary education due to lack of school fees.l stayed with at home helping my parents with the shamba work as well as looking after our cattle's.due to scarcity of the resources back at home like shamba to farm l started dairy farming as its more economical and the profitable compared to other types of business.l use my to provide for my family like paying school fees for my children
My Business
dairy farming is very profitable here in Nakuru.l have four grade cows that l milk an average of thirty liters of milk every day.l sell the milk to a local dairy co-operative society at ks 30 per liter.This enables me to earn ks 20,000 as net profit and after deducting the expenses such as feeds and wages for my employee.due to scarcity of the milk there is little competition hence making the business good.if advanced with the loan l will buy another milking cow so as to increase the production of milk.
Loan Proposal
I currently do a small milk supply bussiness in the neighborhood. if you grant me this loan I will be able to expand by increasing my stock there fore having a wider market.my current ability is limited but with your support my operation capital will have gone up.this will also help me employ one more person from the community to help me meet the supply demand.thus your support will actually enable me create employment to an unemployed youth.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Nov 4, 2013
Repayment status
Late
Projected term
9 months
Lenders
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