Modern dairy farming

Ignatius Gichuki

Nakuru, Kenya

Funds disbursed

$0 to go

100% funded of $150 goal

0

days left

Entrepreneur

Name

Ignatius Gichuki

Member since

April 2016

On-time repayments

16 installments  •  0%

About Me

I was born in humble family of five three girls and two boys.My father was a peasant farmer my mother a casual worker.we used to help our parents in domestic duties .I used to graze my father's goats until I enrolled to mairwe kindergarten thereafter I proceeded to primary school in the same institution. Did my Kenya certificate of primary education and enrolled to Kiriti high school I was clever. I did my Kenya certificate of secondary education and made it to the university but due to the financial instability I never made ity parent could not provide me with school fees and at the same time provide to my other brothers and sisters. I was also good in handball I can vividly recall how I outperformed the 'big' boys in my school I also made it to the national level in my secondary school sports.Back home I started farming cabbages in a farm my father gave to me.Due to the unfavourable climate I used to water the cabbages using a bucket it was very tiresome but I made it.I sold the cabbages and after deducting the cost I made a profit of 110dollars which I used 100dollars to start my milk shop.I am proud to be a Kikuyu a culture that is enshrined with morals and values that shaped my life.It is through the teachings the moral code that has made me to be where I am now.I can see a bright future with my two children the older one who is in standard 4 want to be a doctor the other who is in standard two want to be a teacher

My Business

I have been selling milk for the last 2 years at first it was not that good but with time I started making profit.I usually sell milk to customers for home consumption. I got the idea of selling milk from my friend .Milk selling is very profitable if well managed.I started the business from farming cabbages which gave me 100dollars.I have been making a profit of 240 dollars per month .I am using it to educate my two children who are in primary school.It is also in this business that I provide daily bread to my family

Loan Proposal

i plan to buy 5 young calves which will amount to 100 dollars
i will also invest in my my cattle intermediary business where i will add the remaining 50 dollars to my 200 dollars saving to boost my business.
i intend to accumulate up to 60 dollars profits where most will go to cater for my children quality education and to expand my business

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.01

Date disbursed

Apr 25, 2016

Repayment status

Late

Projected term

3 months

Cost to entrepreneur

Service fee: $6.18

Ignatius opted to pay $25.51 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

kuebel

Vienna, Austria

Karijn

Amsterdam, Netherlands

I

Ian

United Kingdom

PG

Paul Graham

United States

J

Jan Čapek

Czech Republic

MS

Mike Sutherland

United Kingdom

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

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