Entrepreneur
Name
Samuel
Member since
October 2012
On-time repayments
12 installments • 17%
About Me
I am the second last born in a family of seven,i have been brought up in a Christian foundation. After i finished my primary level education i was unable to proceed with the secondary level due to unavoidable circumstances and lack of finance to fund my education,due to this prevailing circumstances i was forced to look for a way to earn my living, Its from here where i started rearing dairy goats with some funding from my relatives who were willing to assist me,the business was not more profitable at first but with time i started enjoying the fruits,the profit i make by selling milk i want to build a shed so i can start practicing zero grazing and add a different breed from the one i have.
My Business
As i am a farmer who rears Dairy goats,i sell milk and at sometimes i sell unproductive goats to butcher men,Many people prefer goat milk as they say it has high cream content than that of a cow i face no competition as many don't realize the profit i make is much,Though the business is more profitable i face few challenges one of the biggest challenge is the increased rate of animal rustling and i have lost at least five goats in the last incidence though security has been enhanced i still have worries to loose my heard
Loan Proposal
i would use 50% of the loan to buy materials so that i can build a big shed for my goats so that i can start practicing zero grazing and also to make it more strong so that my herd will be at least secure, 20% will be used to buy animal feeds like daily feed, salt lick and molasseses the rest 30% will be used to buy a different type of breed to add into my herd. hope bidders will fund my loan. thank you
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Oct 25, 2012
Repayment status
Late
Projected term
12 months
Ask Samuel a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.