Loan to buy another cow

Francis

Limuru, Kenya

100% repaid

Entrepreneur

Name

Francis

Member since

July 2017

On-time repayments

67 installments  •  21%

About Me

my schooling took place in Limuru town in the following school, Uplands Primary school, Ngenia secondary school. I was being supported by my uncle in school and at times it was hard for him to pay my school fees because he honestly lacked the capabilities. He was taking care of me because i lost my father who was the only parent i knew.
My grandfathers land was being subdivided among the sons and i benefited from the same because i took what was meant to be my fathers. With the land now and struggling wit education, in decided to leave school at four three level and decided to invest the little capital that i had into dairy farming. That is how my business resulted.

My Business

I don't regret to these date the idea of living school,because it has surely turned my around my life. i own two dairy cows that i use for milk production and sale. I sale the milk that i get from the cows to the cooperative Sacco each morning and to the locals around.
These commodity's very important because it is used on daily basis for break fast as well as survival. I chose these business because i knew with dairy animals one can be assured of making a living and for sure i am better that i was some years back.
I make a lot of savings with the income that i get from these business as i intend to buy another cow that can help me in milk production so as to increase my income. I wish to buy another dairy cow that goes for 200 us dollars in the market. These will help me so much in my business since i will increase my income from 60 us dollars a day to 90 us dollars

Loan Proposal

as explained, i will buy another dairy cow that cost 200 us dollars. These cow will be used for milk production. The loan and some savings that i have been making will aide me with these purchase. I expect to accrue a lot of benefits from these cow because it will help me increase my milk production and in turn increase my income. I expect a 30 us dollars income rise

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$75.00

Date disbursed

Jul 13, 2017

Repayment status

On Time

Projected term

8 weeks

Other loans

Lenders

The Zinc Team

San Francisco, United States

Ask Francis a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...