Acquiring cows for dairy business

Elijah Cheruiyot Langat

Mogogosiek, Kenya

100% repaid

Entrepreneur

Name

Elijah Cheruiyot Langat

Member since

October 2016

On-time repayments

148 installments  •  70%

About Me

My full name is Elijah cheruiyot Langat born in a small village Siomo Bomet county in 1973. I am second born in a family of seven. My father was a driver and had a difficult time in educating us due to limited resources. I went to secondary school almost 300 kilometers away from home. Since my father was polygamous, we were five in high school. We all went to reputable high schools very far from home. I remember my father use to struggle paying our school fees on time and in full. Many instances I was left in school after closure waiting for fare back to home. The principal could at times dig into his pocket to give me fare home. I at times go to school without pocket money and the very necessities such as pens exercise books soap etc. This made me to work hard and become very innovative in life. I use to save any cent I come across to use while in school to buy my necessities.
After school I went to college did mechanical engineering diploma for three years. I remember my dad asking me not to join college because he was unable to pay for me. Since I am a strong believer of jesus Christ I trusted that God will help me to go through my college successfully. My dad accepted and paid for me first year fees. To the surprise of my dad and entire family, God helped me to get a sponsorship with Toyota Kenya which took me through meeting all the expenses. Later I secured myself a job. from there I have educated myself and did total quality management, Human resource management and technical education.

My Business

I am a small scale (Poultry and Dairy) farmer. Currently in the process of installing a biogas system through SISTEMA.bio. The entire project will cost me 178,800 to be completed. I have paid 17,880 as a deposit. Within 35 days they will install the system and require me to pay another 17,880. Thereafter i am expected to be paying 11,170 monthly for 12 months. I require the loan to pay the 17,880 and to buy fodder for my two dairy animals. I am also intending to buy one heifer to increase my dairy cows to 3.

Loan Proposal

I will purchase two dairy cows for my recently completed dairy unit. I have been running a zero grazing unit with three local breeds, two Frisians and one Ayrshire dairy cows. The production has not been impressive and the local milk market is on an increase. I therefore saw a need to upgrade my dairy cows to get better breed which is high yielding. This necessitated me to upgrade the unit so as to provide a comfortable housing for the animals.
I have just completed the unit and i am in the process of acquiring the dairy animals. I have already shopped and found good high yielding cows that can give a minimum of 25 litres per day so both will give me a minimum of 50 litres a day. The price for one 8 months in-calf cow is costing 160,000 and therefore both will cost me 320,000. I am able to raise 300,000 and i require a top up to fully pay for the dairy cows.

Income Source

As I have been running a dairy unit, milk is one commodity that is selling quite well even during this corona period. I have been selling milk locally and even run short due to low yielding cows that i have been keeping. I am sure that running a dairy unit where me and my family run, we shall be able to continue operating the business regardless of the covid-19. Most food business in kenya is regarded as most essential service and so the government have been encouraging those who produce food stuff to continue supporting the government by supplying the very essential goods to the market.
I am sure as a farmer that this will go a long way to support the country men be able to meet the very basic need to even assist during this covid-19 period

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$750.01

Date disbursed

Jun 28, 2020

Repayment status

On Time

Projected term

7 months

Cost to entrepreneur

Service fee: $63.21

Credit risk payment: $94.80

Lenders

R

Raabo

Rungsted, Denmark

S

SueB1

Los Alamos, United States

AltruisticSelfishnes

Chicago, United States

S

SeeBiscuit

Reston, United States

Hope2012

United Kingdom

Tilius

Oslo, Norway

Rdcmole

Cincinnati, United States

G

golivera

Lima, Peru

J

jozua

Delft, Netherlands

F

Forba

Mo i Rana, Norway

W

Withnail

Reading, United Kingdom

Scott

Oregon, United States

Martin

Manama, Bahrain

A

anonymus

Moon, United States

T

Tallago3

Munich, Germany

M

MichaelCausey

Camarillo, Ca, United States

AF

a f

washington, United States

johnandmoliehi

Canton, New York, United States

T

ToddK

Indianapolis, IN, USA, United States

P

proby24

Singapore, Singapore

Tavin

Ottawa, Canada

A

anonymous123

United States

C

cyrilleberger

Gammalkil, Sweden

G

glomardor

Leonardtown, United States

Cloudways

Malta, Malta

M

markusfitza

College Station, United States

J

jzidi

Los Angeles, United States

A

Austrian

Graz, Austria

peanut

Halifax, Canada

Hype1

Ashburn VA, United States

P

Prysdahl

Marshall, United States

Andreas Kiss

Vienna, Austria, Austria

A

Aziza

Washington, United States

P

Peksa

Espoo, Finland

G

glh25

Winooski, United States

I

ianb723

ROCHESTER, United States

Patrick

Berlin, Germany

JTShorty

Gorham, Maine, United States

numbat

Perth, Australia

C

Colmena

Chicago, United States

paulclinton

malaga, Spain

A

AndrewC

London, United Kingdom

mojobob

Hayward, United States

stever

Cape Coral, United States

JonB

London, United Kingdom

soniad

Dubai, United Arab Emirates

ibc123

Seattle, United States

Freewolf

Salt Lake City, United States

MrMichigander

Marquette, United States

mikeice

Kohler, United States

Evan Lamos

Brussels, Belgium

R

roozbeh

United States

K

kabatscarlett

United States

Gringotts

United States

Paul Buchheit

Mountain View, United States

A

allie105

United States

mepster

San Francisco, Ca, United States

johnhudson

Washington, DC, United States

chriseyre

Fremont, Ca, United States

B

bscent

Hong Kong

Lisbeth

Perth, Australia

Grant Xavier Storer

Seattle, Wa, United States

L

Lagrange

United States

PolarBearCapital

United States

himynameismartin

Czech Republic

Mike and Jacqui

United Kingdom

JL

Joao Leal

United Kingdom

SK

Sebastian Krohn

Amsterdam, Netherlands

S

Sven

Netherlands

Jeroen Decock

Gent, Belgium

Dave Bogard

New York, United States

Karijn

Amsterdam, Netherlands

Mark

Nijmegen, Netherlands

MW

Matt Willis

United States

W

Wade

United States

PP

Pasi Paajanen

Helsinki, Finland

DF

Daniel Fehr-Krahn

Winnipeg, Canada

Kate Courteau

United States

Craig

Memphis, TN, United States

Richard

Shrewsbury, United Kingdom

moursund

Beaver Nation, United States

Kevin

San Francisco, United States

JC

JD Conley

United States

I

Ian

United Kingdom

C

cota

United States

John Prendiville

Portland, United States

ME

Manaal Eisa

Washington DC, United States

CNV

United States

TH

tom hd

United Kingdom

MR

Michiel Rauws

San Francisco, Netherlands

Carla

Amsterdam, Netherlands

R

Rhys

Australia

TM

Tim Marvin

United States

G

Gabri

Austria

F

Frits

Rotterdam, Netherlands

Mark Grey

Redding, CT, United States

Aran Dunlop

United States

Callum Guy

Suffolk, United Kingdom

Amanda Orson

Stamford, Ct, United States

A

Andrei

United States

A

Adam

United Kingdom

EB

Ellen Batten

Kalamazoo, Michigan, United States

M

mariamfula

United States

R

Ryan

United States

Carlo Cruz

Cincinnati, OH, United States

Gabriel Fenili

Santo André, Brazil

VS

Vicki Stewart

Charlotte, United States

V

Vyas

United States

MR

Mean Rat

Netherlands

BS

Brandon S

United States

T

tonym

Australia

I

isaac

United Kingdom

RC

Rudi Chen

United States

SB

Sue Bucholz

Sacramento, United States

NG

Nick Gorrell

Surfers Paradise, Queensland, Australia

BW

Betty Waweru

United States

K

Kenny

United States

KirstenAlana

Los Angeles, United States

RG

Ravi Gadad

United States

Zack Stein

United States

JA

Jan Andresen

Hamburg, Germany

Sinan Taifour

Munich, Germany, Germany

SM

Sachet Marion

United States

Bart Vogelzang

Ladysmith BC, Canada

SA

Shar Alamdari

Los Angeles, United States

MC

Mark Cowburn

United States

RE

Richard Ellis

United Kingdom

Craig Travis Provyn

Bradenton, Florida, United States

RR

Rory Rohloff

United States

MF

Mike Frawley

United States

SM

Sue MacFarlane

United Kingdom

Day Family

Melbourne, Australia

VC

Victor Chong

United States

KA

Kate Aracri

United States

JD

JASON DORSETT

United States

Nadia Tuchman

New York City, United States

K

Kyle

Durban, United Kingdom

L

Lastoni

United States

D

Dalton

San Francisco, United States

HCPSPIRIT

Helsinki, Finland

DW

David Westmoreland

Colorado Springs, Colorado, United States

Melissa K

Portland, Oregon, United States

Dean Suminski

Portland, Oregon, United States

Diane U

Olympia, Wa, Usa, United States

Jean Wren Chan

United States

SM

Sanjana M

United States

Bo Rosén

Eslöv, Sweden

Z

Zidishartm

Rotterdam, Netherlands

M

Mack

Harbor, Oregon, United States

JF

J Fister

United States

LM

Laura Martin

United States

Lurch

United States

B

Brian

Rancho Cordova, United States

Jane

Ontario, Canada

Nethanel Kohen

NYC, United States

A

Anonymous

United States

S

SallyM

United States

Carrie

Arlington, MA, United States

Darren Jeppson

Denver, Colorado, United States

H

Haley

United States

PB

Powered by me

European Union, Netherlands

RD

Roel De Meester

Antwerpen, Belgium

Adam Öhman

Norrköping, Sweden

AM

Andy Marston

United Kingdom

E

EJOBIV

United States

AA

Andrew and Kim

Nashville, TN, United States

PA

Peter A

New York City, United States

FP

Fred Pratt

United States

Elizabeth

Australia

SB

Stephen B

United States

WM

Will Martin

United States

SW

Sean Walsh

United States

Genuine Interest

Singapore, Singapore

Brian Thomson

Lyndoch, South Australia, Australia

Nick Studenski

Minneapolis, United States

G

Georg

Germany

Ryan Agnew

Australia

DO

Denis Ontiveros

Guildford, United Kingdom

B

Ben

United States

BR

Brian Rickman

United States

HW

Harry Wegert

United States

We Not Me

St. Paul, Minnesota, United States

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

Loading...

Loading...

Loading...