Purchase of a sack of dairy meal

Njuguna

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Njuguna

Member since

November 2017

On-time repayments

24 installments  •  21%

About Me

I was born in Nakuru county in a poverty stricken family. I went to school at milimani primary school whereby in the afternoon I used to do manual jobs I peoples farm in order to get money for my stationeries,and take some to my mother
I attended moi sec school then later I was sponsored by a local NGO to study agriculture, later I was given capital where I bought my 3 dairy cows
which I now do dairy farming in a piece of land left to me by my late parents

My Business

My business entails Dairy farming. i sell milk from my 3 cows for a profit
.milk is one of the commodities with the highest demand right now.
i chose this kind of business as its what i studied in college
my cows produce approx 30 litres of milk on a daily basis. i sell 1 litre of milk at a cost of 55/- per liter making it 1650/- a day that is $16 usd.
i use my profit for inventory and home use.it is a source of my livelihood and source of extra savings

Loan Proposal

I am planning to buy one sack of dairy meal
one sack costs $10 around my locality
The dairy meal will really benefit my cows in a very big way as it will raise their milk production and improve their health
With the increase in milk production,the profits will surely shoot

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$10.00

Date disbursed

Dec 9, 2017

Repayment status

On Time

Projected term

2 weeks

Lenders

AG

Alexandre Genereux

Gatineau, Canada

B

bea

Australia

MH

Michael Herrick

California, United States

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