Loan to buy another cow

Emmanuel Okwara

Angorom, Kenya

100% repaid

Entrepreneur

Name

Emmanuel Okwara

Member since

February 2015

On-time repayments

31 installments  •  55%

About Me

my name is Emmanuel . I am the third born in a family of 4 kids. I was raised with single mum after the death of my dad when I was 5 years in 1988 Nairobi bomb last. My mum struggled to see me through the primary school.I later joined st josephs chakol secondary school but had to drop at form three second term for lack of school fees.
I joined motorbike boda boda (ferrying people) but i had to leave the job due to acute pneumonia occasioned by cold during the ride. I was jobless and with no source of income. I bought one heifer using my savings from the motorcycle youth group i had joined , the cow gave birth after one year. I sold the milk and used manure and bought yet another indigenous cow ,though they give little milk ,they are resistant to diseases and for now they sustain me though,I am looking forward to better yielding species in the near future.
I like playing rugby on my free time ,I am also a soccer fun. I like meeting new people and giving motivational to my peers who are in depression or have lost hope.

My Business

I keep cattle for milk and manure.Currently I have three cows and three calves. I sell my milk to my neighbors and manure to an inorganic farm in the neighborhood. The demand for milk have been rising consistently due to reduction in grazing areas that have made majority of farmers to sell their cows. Due to reduced cattle farmers and increase in organic farms the demand for manure has also risen very fast.
I choose this business because it was the most profitable idea I had. I have also been passionate about keeping livestock.
In a month I spend $50 on drugs and fodder .My monthly revenues are $190 . I use the money to pay fees for my siblings and buy food for my family

Loan Proposal

hello ladies and gentlemen
Ii is my pleasure to present to you my third loan request,hopeful that you are doing well and fine. I bought a grade cattlehttps://www.zidisha.org/loan/inventory-of-highly-nutritious-feeds-supplements-for-pigs,she seems to eat to much but I am happy she gives me 24 liters of milk everyday. The production is supposed to be 30 liters but the extension officer told me it has reduced because of the new environment and lack of sister. I would love to make my cow happy and give her a sister. I have already disposed the african indgenous cattle at $250 and would need to add $200 to acquire a good fresian at $450. kindly advance me a loan to support these good initiative.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$187.51

Date disbursed

Jun 11, 2015

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Service fee: $7.40

Lenders

H

Hans57

Berlin, Germany

G

Givemoreuseless

Waterloo, Canada

seabass

New York, United States

J

jra299

New York, United States

Archie

Rochester, United States

Eduardo

Zollikofen, Switzerland

D

Daniel

Cupertino, United States

HI

Highly Improbable

Saskatoon, Canada

Irvin

Vancouver, Canada

extremeknibbs

Chicago, United States

Z

zbuttel

Boston, United States

J

johan

Oslo, Norway

P

Peter

München, Germany

Spyque

Saint James, United States

torelizer

Reggio Emilia, Italy

M

MarkAndMary

Seattle, United States

J

JonnyPrice

San Francisco, United States

M

MrMc2

Saugerties, United States

T

tatts2000

melbourne, Australia

A

aniculai

GENK, Belgium

Veronika

victoria, Canada

S

SovTempest

Toronto, Canada

J

johnkinell

Stockholm, Sweden

malcolm D

grants pass, United States

C

Catolas

Kelowna, Canada

E

Elisabeth

Hove, Belgium

S

Spassmacher

46244 Bottrop, Germany

ken701

Lede, Belgium

Y

yop324

Ottawa, Canada

G

glosoli

Boston, United States

bdm4a

San Fransisco, United States

J

Jubilutus

San Diego, United States

W

Witlof

Tsukuba, Japan

Dwhittingslow

Saint Simons Island, Ga, United States

T

TobyKenobi

Syracuse, United States

W

Windsor

Calgary AB, Canada

A

adwatson

Milan, MI, United States

S

slamarca

Caserta, Italy

BelleStarr

Albuquerque, United States

K

KakkoiiCali

Anaheim, United States

P

phangsang

Seattle, United States

D

dhedmonds

Toronto, Canada

D

DrFeelGOOD

San Jose, United States

K

Kubicek

Baton Rouge, United States

J

Jmay2133

Fremont, United States

Joellen

Boulder, United States

E

Ehaffey

Washington D.C., United States

S

sebseb

The Hague, Netherlands

E

Esuil

Vallentuna, Sweden

U

uBaJ41

Afton, United States

C

ColinPlatt

Montgomery Village, United States

DHixenbaugh

Seattle, United States

L

lumlum

Renens, Switzerland

O

ola840

Malmo, Sweden

B

Bpryse

Long beach, United States

S

Sammlung

Glendale, United States

S

Staf

Humbeek, Belgium

MW

Matt Willis

United States

Y

YP

Malaysia, Germany

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