Michael
Kianjoya, Nakuru, Kenya
100% repaid
Name
Michael
Member since
September 2014
On-time repayments
22 installments • 68%
My family and I live in kianjoya village, a place with moderate climate. I am a teacher by profession and I teach at Kianjoya Secondary school. I decided to start rearing of milk goats to increase my income so as to sustain my family. There are many advantages related to this business/project because i am able to educate my children, have enough milk for my family and sell a few litres to neighbours. I also sell young goats to new interested farmers at a profit and these goats are expensive. curretly, i have 7 mature goats and four young goats. during my free time i like playing table tennis and darts with my friends and colleagues.
My business is both a business and a family project where i rear milk goats primarily Toggenberg breed. They are not exactly pure breeds but they do well in the local climate relative to local indigenous breeds. I get 1 litre per goat although some times they produce more. I sell locall at Kshs. 40 per litre which translates to about Kshs. 4000 in a month. I also reduce costs of buying milk for the family which is a great advantage to me. I spend the money in buying feeds and drugs for the goats and the remaining i add to school fees for my children and their upkeep. If i get a loan, it would go a long way in improving this business which will in turn uplift my standard of living.
I want to add one she-goat which will mean a lot in my project because she-goat has the capacity to produce more goats and milk simultaneously. I hybrid she-goat with 70% toggenberg quality costs Kshs. 9000 including transportation. these goat are rare. With the loan, I will thus buy 1 goat and goat dairy feeds of 3000 plus drenching drugs which will ensure high quality sustenance of the animals. I expect that after three to five months, this one more goat will have reproduced and thus production of milk willl go up. I request zidisha lenders to assist me in this venture. Thankyou.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Oct 2, 2014
Repayment status
On Time
Projected term
8 weeks
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Amount repaid
$151.36
Amount remaining
$0.00
Date repaid
Dec 1, 2014
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Oct 10, 2014 | $18.92 | Oct 11, 2014 | $18.92 |
Oct 17, 2014 | $18.92 | Oct 11, 2014 | $0.40 |
Nov 3, 2014 | $6.14 | ||
Nov 4, 2014 | $12.39 | ||
Oct 24, 2014 | $18.92 | Nov 4, 2014 | $18.92 |
Oct 31, 2014 | $18.92 | Nov 4, 2014 | $3.92 |
Nov 11, 2014 | $15.00 | ||
Nov 7, 2014 | $18.92 | Nov 11, 2014 | $2.61 |
Nov 18, 2014 | $16.31 | ||
Nov 14, 2014 | $18.92 | Nov 18, 2014 | $3.01 |
Nov 19, 2014 | $15.91 | ||
Nov 21, 2014 | $18.92 | Nov 19, 2014 | $3.07 |
Dec 1, 2014 | $15.85 | ||
Nov 28, 2014 | $18.92 | Dec 1, 2014 | $18.92 |
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