Entrepreneur
Name
Moses
Member since
June 2014
On-time repayments
62 installments • 40%
About Me
I started farming in the year 2012 while in the University as a passion. I bought one cow through my savings and with time i realized it could be a business venture when it calved and people bought milk hence i decided to invest in dairy farming.Through the sale of milk i was able to purchase one more cow and built a cow shed.I have two cows now and a calf, i earn money through sale of milk daily to regular customers and my dream is to own a large dairy farm so as to create employment and provide milk and other dairy commodities which are useful in our day to day lives. my hobbies are listening to music,playing soccer,reading novels,traveling,socializing and cooking.
My Business
My business setting is in an urban area where milk is on high demand and most people especially who have infants prefer it hence it is a major boost to my business. in farming their are alot of risks especially diseases which can lead to death if not prevented or treated on time,feeds are also costly. My monthly is 35USD but when i deduct feeds,veterinary services am left with very little cash for expanding my business. if my loan is approved i will use it to buy more healthy feeds so as to increase milk production,build a better cow shed and a calf pen so as to help in disease control and pests especially during the cold seasons,buy milking equipments. Have been able to raise funds to facilitate my business this far and what is remaining i believe can be covered by this loan. kindly consider my proposal as it is the key to fulfillment of my dreams
Loan Proposal
Am seeking a loan of 42$. 25$ will go to the purchase of sleeping mattresses for the cows so as to reduce chances of mastitis and increase milk production. 10$ will go to repairing of the cow shed especially on the roofing and floor aspect. 7$ will be used in registering of a medical insurance cover for my recently born calves, so as the can grow healthy and strong. your assistance will be highly appreciated.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$45.00
Date disbursed
Sep 10, 2015
Repayment status
On Time
Projected term
4 months
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