Loan to construct a shelter for cow during this rainy season

Hannah

Bahati, Kenya

11% repaid

Entrepreneur

Name

Hannah

Member since

October 2017

On-time repayments

28 installments  •  68%

About Me

My name is Hannah Karori an upcoming agriprenuer, dairy farmer is passionate in farming tomatoes, I was raised in a Christian family of six member and live in nakuru county beautiful town and good pleasant weather surrounded with lake nakuru home of beautiful flamingos. I keep milking cows and sell my milk in local buyers. I am a graduate from Chuka university did agribusiness management but due to shortage of job, I started farming as business and passion in 2016. I am first born of five siblings, who her live has been in village set up, we used to walk long distance to school but despite all challenges I studied and earn a degree.
My hobby is farming, looking after young animals and singing, I love making people happy all the time.

My Business

I have two cows which I was given by my father which produces about 15 litres per day. I do sell a litre of milk at $ 0.5 and make a profit of $7 after deduction of expenses per day.
I invest $ 4 to add more cows and other money cater for my daily expenses and payment of school fees of my younger sibling who I love her so much. For now due to shortage of rainfall the cows tend to produce less, therefore there's need for a trough to feed the cow.
The cows uses approximately $2 for dairy meal and mineral salts. I will repay the loan on time from sale of milk.

Loan Proposal

Firstly, I pass my sincerest appreciation for your continuous generosity to support my cattle farming. It has not be easy without your support. I borrowing a loan of $170 to build a
decent house for my two cows because the weather is too cold and rainy.
I am estimating to spend $ 400 on buying building materials will cost $ 300 and rest labour. I will top up the remaining plus of $130 from sell of milk
It is longtime project which I rely on your generosity and sell of milk that generates income of $ 150 per month.

Feedback

1

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  • mabo    Mar 4, 2018

    I will be happy to give Hannah another loan in the future.
    All the best, mabo

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Loan Info

Project Type

Classic Loan

Disbursed amount

$169.00

Date disbursed

May 27, 2018

Repayment status

Late

Projected term

2 months

Lenders

Tanya

Nelson, New Zealand

Mr Chris Turner

Cambridge forever England, United Kingdom

MA

Mauricio Arguedas

San Jose, Costa Rica

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