Livestock farm investment

Kipruto Kiptarus

Kabarnet, Kenya, Kenya

100% repaid

Entrepreneur

Name

Kipruto Kiptarus

Location

Kabarnet, Kenya, Kenya

On-time repayments

276 weekly installments  •  99%

About Me

My name is Kipruto Kiptarus ,commonly known by the nickname Rush.I am 28 years old,We are seven children in the family;three of us are sons while four are daughters,Am the sixtieth born .My father has now retired from 'matatu '(public passengers car)driver,while my mother is a farmer and a herbalist as well,she keeps livestock as well as cultivating a small farm,i use to assist her especially in looking after livestock as well as fetching herbs with her in the forest.Its from her that i gained my interest to do livestock farming as well as studying medicine in a diploma course in pharmacy. I also did my college research project with her help in comparing the herbal medicine to modern medicine in modern world.
I started my farming business on may 2014 with five hens and a cock,I was then in my attachment course in Kabarnet district hospital pursuing a diploma course in pharmacy.its then that I realize I do have a free time during evenings and weekends,I approached my neighbors carpenter and we raised a poultry house ,later in July I bought five more hens and two sheep,august September continues laying and brooding and by October around sixty chicks had been hatched, though so me did not survive due to harsh weather,limited space and improper vaccination.my second lot was more successfully ,I got a ready market sold them and I was able to buy two young bulls and a second hand motorcycle.from then I started admiring this work and was anxious to join Zidisha to share and learn from others and more importantly the financial support.I have been in farming from then 2015 till now 2021.
From my career of pharmacy practice i have also initiated another project of owning a pharmacy shop which is already in place.Am in the process of incooporating farming and pharmacy practice.

My Business

Livestock farming is my business of choice ,i rare cattle bulls for now ,sheep and hens.Am aiming to expand poultry house.Hens have dominated my farm and am glad to strengthen because it has uplifted me to where iam now.Am also looking forward to rare a high breed dairy cows and goats for milk products,i already have a dairy goat thanks to zidisha and lenders and looking forward to have more stock.Besides that I have a motorcycle easing me with my daily needs and transportation of animal outcomes like eggs as well as livestock inputs like chicken feeds.
My business has grown since joining zidisha more so in poultry farm.Besides home consumption of eggs and selling at local centers ,Am now supplying over sixty eggs weekly to various retail shops and hotels in my home town,Kabarnet.I have maintained my poultry in the farm and i have two employees farm looking after poultry and cattle.I also have a part time employee who is taking care of the farm i recently bought and plant bhomarhode grass.
I have also made a downpayment for owning a pharmacy shop and am in the process of making full payment.
I have build a small house and this year 2021 God willing i intend to marry and have a family of my own.Thanks to zidisha innovation and generous lenders for your support.

Loan Proposal

Iam a proudly livestock farmer and I love my job ,I find a desire in everyday life to improvise my farm.Iam ambitious to make an invention, to improve or add a business project in livestock farm.
With this loan I would like to buy two young bulls in my farm.I have been aspiring for a long time and I hope that with your support and loan lam going to accomplish it.Two young bulls will cost $120 to $150 .For the remaining $40 I will use to make fence for partitioning the grazing field for the bulls.
Iam looking forward that this will contribute to my future firm investment .It will help me to further my career in medicine,for paying my fee and also supporting my parents and siblings.
Iam greatful for zidisha team and lenders and I will also pay back zidisha loan on time .Thanks

My Videos

Jun 23, 2021: Farming and pharmacy business

Feedback

3

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  • Mary    Feb 15, 2018

    Once again an outstanding borrower!

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    • Kipruto Kiptarus    Feb 15, 2018

      Thank you so much Mary for your continuous and tireless support,lam very much grateful.

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  • Mary    Jan 21, 2018

    Kipruto is a midel Zidisha Borrower. I would recommend loaning to him for any future loans.

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  • Will    Oct 12, 2017

    Kipruto has been making all of his loan repayments on time, and regularly posts updates with pictures! I would loan to him again.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$198.51

Date disbursed

Feb 14, 2016

Repayment status

On Time

Projected term

8 weeks

Cost to entrepreneur

Service fee: 5% of $198.51 = $9.93

Lenders

PG

Paul Graham

United States

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