Loan to buy animals & agricultural inputs for agrovet shop
Simon
Ongata Rongai, Kenya
2% repaid
Entrepreneur
Name
Simon
Member since
March 2016
On-time repayments
41 installments • 76%
About Me
Well, I am a middle aged man living with my family and doing business.
I was born and brought up in upcountry, educated and god fearing man. Throughout my young age i helped my parents who were farmers with the domestic activities mainly farming and rearing cattle. Being a first born in a family of five managed to study up to the university level and acquired a degree in Agriculture and livestock management. For some years I could only get short contracts jobs and i decided i need to think of setting up my business relating to the same field. I saved for a year and borrowed some money from my friends to set up an Agro vet Shop. This is how I came to tart my own business and overcame a hardship of unemployment and poverty. Unique thing in the land I live is that people respect others and what they do as well as helping one another. My children would like to be educated and equipped with necessary skills to became entrepreneurs.My unique hobby is doing a community and social work like helping the locals know how best to coexist and grow economically.
Thank you.
My Business
My business is purely selling Animal and agricultural inputs and Services like Artificial Insemination to animals in the community. These goods and services are always on demand because in every country, Agriculture is the back born of a growing economy and my country has been in the fore front to do farming and cattle keeping for food and other needs. I choose this business because I am a profession in the field and much experienced person on the same area. Besides loving the job, it meets my expenses and sustains my life as an occupation.
My typical cost are usually the cost of buying various Animal drugs like deworming, parasitecides,Animal,birds and pet feeds, all the agricultural inputs like fertilizers,pesticides,various seeds, chemicals and so many others.
My profit usually goes towards reinvesting, meeting my expenses and helping my parents back home.
Thank you.
Loan Proposal
Thank you .I will buy the items that are always on high demand and need to be stocked in high quantity to fetch me more profit and.
I expect to buy; Livestock Disinfectants at USD20.00 and assortment of deworms drug at USD35.00, Injections and Powder for Injection at a cost of USD46.00
On the budget will be various pesticides at USD56.00,
More to that is assorted crops spray chemicals at USD60.00.
Similarly, chicken feeds for layers and broilers at USD50.00 & USD55.00 respectively. On the other hand is horticulture seedlings for various plants at USD40.00.Others to remember will be gumboots and dust coat at USD9.00
The benefit that comes with this stock is largely going to help me to be efficient and availability of the inputs whenever customers’ needs them. I will be doing my services like pest control by spraying animals and hospitals whenever the service arise because I have the stock of the various drugs required to do such services.
Again, I predict my profit per week to go up from USD150.00 to USD250 according to the season we have just started of summer and dry. My mother will get a wide help and increase the number of visits to help with food materials. I will be able to repay your loan very comfortably without delay. I will help the less fortunate and those who have no food during this dry season in our country through our church contribution. It will be amazing for me for expanding my business to this level.
I Thank you lenders and Zidisha family.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$375.00
Date disbursed
Nov 20, 2016
Repayment status
Late
Projected term
61 months
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