Loan to buy another cow

Emmanuel

Angorom, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Emmanuel

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.