Acquiring another cow for my livestock business

Elijah

Rongai, Kenya

1% repaid

Entrepreneur

Name

Elijah

Member since

November 2011

On-time repayments

21 installments  •  33%

About Me

I was born in 1976 in Kandutura village, Visoi location, Kandutura sub-location Rongai district. I joined Kanga primary school in 1982 up to 1989 when I completed the primary education. Due to the lack of money I didn't join secondary school.I live in kandutura farm 50 metres from kandutura cattle Dip the only one.
I got married to Tabitha Murugi in 1996 and we are blessed with six children Three boys and Three girls.

My Business

My business is dairy farming and I have two cows of which produces 40Litres per day which is kshs 1080(aprox 32000 per month) After my expenses, paying school fees, buying feeds and medication, my salary I remain with 15,000.
I joined this business because there is shortage of milk in our area so there is high demand of milk even I don't satisfy my customers. Risk of the business is diseases only.

Loan Proposal

If the loan is granted,i will use 50,000 to buy one mere she cow to increase the number of cattle in my business.20.000 to construct a new modern rooms the cows.20.000 to buy food additive and deworm the cattle for a period of four months.For the business i am not new,i will make sure that every thing will go accordingly the plan.This will make my business to grow and uplift my standard of living.

Feedback

12

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,076.00

Date disbursed

Nov 25, 2012

Repayment status

Late

Projected term

12 months

Lenders

C

CWS

Huntington beach, ca, United States

Kylie

Mount Martha, Australia

C

chkuo

Taipei, Taiwan

A

adwatson

Milan, MI, United States

G

Gastao

Covilhã, Portugal

nicole

Worcester, Ma, United States

G

guido

Valladolid, Spain

L

Leisha

Gold Coast, Australia

S

stroll

Stockholm, Sweden

Vanamo

Helsinki, Finland

A

Anonymous2

United States

S

Sinclair55

Burlington, Canada

M

MarcAndreD

Saguenay, Québec, Canada

JessieD

Alexandria, Va, United States

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