Purchase of a holstein heifer cow

Samuel Kuria

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Samuel Kuria

Member since

January 2014

On-time repayments

371 installments  •  83%

About Me

My names are Samuel Kuria Ndungu,37yrs of age, currently living in Embakasi Pipeline,Rehema flats A12 Outering road Nairobi. I am a Technician and work in town in a company called Selex international ltd repairing ICT equipments apart from that i rear Quails in Rongai and have a family farm in Kiambu that we produce farm products, I get a certain percentage of the profits, I started the Quails business last year to boost my income and help me achieve certain goals in life. Most of the earning I buy more quails and their food and fertilizer for the farm. I intend to start exporting the Quails to other countries and part of the loans would be used for that.

My Business

I get my source of income from three places, First i earn a steady income as a Technician,My newest investment is the Keeping of pigs, I get good returns from them i buy one piglet for USD 50 and sell them at USD 2.5 per KG. Most of them weigh above 75kgs giving me a total of USD 187 per pig.I also Rear Quails in Rongai where i have several of them and i do sell them prices ranging from USD 3.9-5.6 depending on the age. Also i get a percentage of profits from a family farm in Kiambu. On a good month i can get a profit of between USD 111-167

Loan Proposal

Hi Lenders, I am overwhelmed with joy for being able to clear my previous loan, i am back again asking you kindly to fund my loan to enable me purchase a Holstein heifer cow that i will enable me increase my milk yield. currently i can do at least 20 liters of milk per day and selling for USD 0.5 making it a total of USD 10 per day, with the purchase of the cow i will increase that to between 40-50 Liters making it USD 20 or USD 25 respectively. I am being sold the cow by a very good farmer in our neighborhood so i am assured that the produce will be good. It is selling for USD 1,214 meaning that i will top up the balance from my saving. i believe that it is the best sound investment for me at the moment and i would be pleased if you share the Journey to success with me. Thank you in Advance

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$812.05

Date disbursed

Jul 6, 2015

Repayment status

On Time

Projected term

10 months

Cost to entrepreneur

Service fee: $32.70

Lenders

Kitty

Hailsham, United Kingdom

cyrus0302

San Francisco, United States

Zidisha

Sterling, United States

sebastienrosa

Quebec, Canada

A

ashtanga99

Newport, United States

IA

Ismini and Jerry

Stamford, USA, United States

M

Mårten

Inden, Switzerland

T

Taupe

Balzers, Liechtenstein

Hedwich

Gorssel, Netherlands

mepster

San Francisco, Ca, United States

PG

Paul Graham

United States

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