Loan to increase my nappier grass farm

Benjamin

Nambale, Kenya

100% repaid

Entrepreneur

Name

Benjamin

Member since

October 2014

On-time repayments

315 installments  •  49%

About Me

My name is Benjamin Watako Opara,I was born in Busia County in a Family of 9,and I am the first born.I went to Nambale primary School and later joined Musingu High School for post primary Education.I later joined kenyatta University for a degree in BCOM ,accounting option.
After graduating getting a job become a nightmare.I have been searching for actively but with no success.I decided to venture into farming as it was the only available option at ,I have done it with passion and its paying off.Though I have no background in agriculture.I have attended short causes on AI and green house maintenance to keep me posted about latest techniques.
I come from land where most people are farmers,we general do subsistence farming for daily food consumption.We also hold traditional circumcision and its always fun.
I have two kids and they are in lower primary school and they both want to be commercial farmers in future. In addition a niece who had dropped out of school because her polygamous father could not pay her school fees settled with me and i have been paying her fees and maintaining her now for three yaers.she is doing her certificate for primary examination this november.I always encourage them to work hard in school so that they can get the best life can give.
During my free time I always go herding my cattle,and cleaning the zero grazing unit.

My Business

I am a small scale dairy farmer,and I keep two dairy cattle namely Lando and Dibworo,I like the cattle and i call them by name.Land is lactating and so I provide my neighborhood with fresh milk,every morning.
I always sell my Milk at fair price and this gives me a competitive edge,I also make sure my milk is clean and does not add any water to make it more.This has gained me trust on my clients.I also allow clients to take milk on credit so that they can pay at the end of the month.
In a month I spend $50 on transport ,feeds and pesticides.my revenues in a good month is $300.I make an average of $220 in a good month.
I use the profits to pay school fees for my siblings and kids.
Thank you for visiting my profile

Loan Proposal

thank you lenders.your support has seen my number of cows grow from four to six.this has come with another challenge since the demand foe feeds has gone up.i am requesting for kes 38031 to rent and develop a one acre piece of land.my revenues from milk sale has improved to about320 dollars in a month.the cost of renting land for two years in my locality is about 140 dollars. in addition i will spend the remaining amount on land preparation and maintenance for about three months.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$380.00

Date disbursed

Dec 31, 2015

Repayment status

On Time

Projected term

5 months

Lenders

A

andyfletcher

I want my "My loans" page back, Qatar

Paul Buchheit

Mountain View, United States

MW

Matt Willis

United States

S

Susie

Christchurch, New Zealand

Akirahugo

Dortmund, Germany

M

Marzl

Germany

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Summary

Amount repaid

$399.43

Amount remaining

$0.00

Date repaid

Jul 4, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jan 11, 2016 $29.00 Jan 13, 2016 $29.00
Jan 18, 2016 $5.00 Jan 18, 2016 $5.00
Jan 25, 2016 $5.00 Jan 27, 2016 $5.00
Feb 1, 2016 $5.00 Feb 4, 2016 $5.00
Feb 8, 2016 $0.00
Feb 15, 2016 $2.00 Feb 13, 2016 $2.00
Feb 22, 2016 $2.00 Feb 22, 2016 $2.00
Feb 29, 2016 $2.00 Mar 3, 2016 $2.00
Mar 7, 2016 $2.00 Mar 10, 2016 $2.00
Mar 14, 2016 $2.00 Mar 19, 2016 $2.00
Mar 21, 2016 $2.00 Mar 21, 2016 $2.00
Mar 28, 2016 $2.00 Mar 31, 2016 $2.00
Apr 4, 2016 $2.00 Apr 6, 2016 $2.00
Apr 11, 2016 $2.00 Apr 15, 2016 $2.00
Apr 18, 2016 $2.00 Apr 23, 2016 $2.00
Apr 25, 2016 $2.00 Apr 29, 2016 $2.00
May 2, 2016 $2.00 May 2, 2016 $2.00
May 9, 2016 $2.00 May 13, 2016 $2.00
May 16, 2016 $2.00 May 16, 2016 $2.00
May 23, 2016 $2.00 May 28, 2016 $2.00
May 30, 2016 $2.00 May 31, 2016 $2.00
Jun 6, 2016 $2.00 Jun 11, 2016 $2.00
Jun 13, 2016 $2.00 Jun 19, 2016 $2.00
Jun 20, 2016 $2.00 Jun 23, 2016 $2.00
Jun 27, 2016 $317.43 Jun 30, 2016 $150.00
Jul 4, 2016 $167.43

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