Increase my livestock - buy a goat

Raphael

Nairobi Kasarani, Kenya

100% repaid

Entrepreneur

Name

Raphael

Member since

February 2015

On-time repayments

251 installments  •  33%

About Me

I am Raphael.

I was born and raised in the rural life of Gatundu District.

Ours is a coffee zone and the disappointments from the little or no earnings we received from this plant made me hate to suffer as a coffee grower.

I went to primary school level and after class 8 I could not proceed with high school due to lack of funds - Ours was a humble family living from hand to mouth.

I started growing vegetables for sale and I saved enough to buy a goat.
Due to unreliable rain, I could not continue to grow vegetables, so I continued to rear the goat.

My Business

My business involves rearing the goat, and once its mature, and have given birth, I sell the mother.

I rear the kids and the cycle repeats. I would also keep a goat for our family and give them for Christmas.

I chose this business because it gives me a good profit to better my life.
One goat coast USD 90.

I am still single and the profit I get is to better my life. I have already built myself a residential room and bought furniture for it.

I want to grow this business by adding another goat to increase livestock for sale.

Loan Proposal

Given this loan, I would buy:
1 She goat USD 50
Build the shed: USD 30
Buy fodder: USD 20

This will help me in the following:
- I will have a bigger shed to rear the goats.
- I will have more profit because I will resell more goats

As for others, my family will benefit with manure for planting and during Christmas holiday, I will give them a goat.

The profit is expected is 100% because I will resell the goat after first birth and having fattened it ready for market.

Thank you lenders

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Mar 13, 2015

Repayment status

On Time

Projected term

10 months

Other loans

Lenders

Brian

Midhurst, Canada

dlpringle

Denver, United States

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