Collins
Kisii, Kenya
17% repaid
Name
Collins
Member since
April 2014
On-time repayments
252 installments • 9%
I am collins Mogeni in a family of six i live in Gesonso .I am a business man i sell milk within kisii town.I took my education in Orero secondary school and latter joinned Egerton university bachelor of science.I started this business to help me pay my school fees because my parents had a hard task in paying all the amounts in time.With my earnings i also support my young brother .I love playing netball and also basket ball ,during my free times i do vocational teaching to the less fortunate
I started a business of selling milk within kisii town,i have 3 dairy cows which give 15 liters of milk per day .Per litre i sell 20 bob hence making a sum of 300 bob per day. With my monthly income from my small business i make a sum of 9,000 per month which help me to buy cows food ,lactating salts and also pay my fees .I request for a loan to enable me to buy two more cows or young calves to rear them up and also establish a milk bar to help me sell my milk.From the profits i make from the business i will be able to pay the loans in time in order to qualify for other high loans .Thanks
i intend to buy more animal feeds and milk enhancement supplements to increase milk production in my farm and this will increase my production which will eventually with the incease in profit that i will get will be sufficient to enable me expand my zero grazing unit to increase number of livestock with time and also be able to pay the loan comfortably and also be able to pay my school fees and also support my sibblings and also be able to venture into other farming activities such as fish farming and poultry farming which are intergrated with dairy farming
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Apr 22, 2014
Repayment status
Late
Projected term
59 months
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