Purchase of dairy cow

Entrepreneur

About Me

My names are John Muriu Njuguna, a Kenyan citizen identification number 22535873. I was born on 10th February 1980 at Kandutura village Rongai Township in Nakuru County. I am married with one wife and blessed with three children. I went to Thirandu primary school and later Mama Ngina Kenyatta Secondary school, both in Rongai Township. I did not go beyond secondary school.
Later in life I moved to Gilgil Township with my family where I am currently settled. I am running a Boda boda business. Boda boda is a corrupted word for border and was a very lucrative business at the Uganda-Kenya border in the past. It involved bicycle transport. With time, the trend has steadily spread to other areas of the country and has evolved to include motor cycle transport.
Mine is a motor cycle and it is my livelihood. It has been sustaining me for five years now and I love it with all my heart.

My Business

I own one motor cycle; a kingbird. On average I make Ksh 1,000 per day which translates to Ksh 30,000 per month. The fuel is approximately Ksh 300 per day translating to about Ksh 9,000 per month. Maintenance is about Ksh 2,000. The maintenance is low due to the fact that Gilgil and its environs are covered in tarmac and therefore the roads well maintained. This poses little or no damage to the motorcycle. Occasionally, I buy new tyres and tubes at an average cost of Ksh 5,000. I replace the tyres and tubes after every six months. Therefore, I am left with an average income of Ksh 15,000 per month.
My motor cycle, a King Bird is a powerful machine that is able to cover long distances within a short time. It can also carry a lot of luggage. Therefore, customers prefer it to the other makes

Loan Proposal

Dear lender am happy to say that am doing fine with my am also grateful for the support you have accorded me and my family ,the loans that i have paid have taken me in another level thank you in deed . Am applying for another loan to buy a dairy cow i have realized that milk is a special commodity that is lacking in my area .A kilo of milk is costing the consumers 40 Kenya shilling i have done a survey and good cow will cost me 60000 Kenya shillings that will produce a bout 15 lit res in the morning and at least 12 to 13 lit res in the evening it will be enough to feed my family and open another source of in come that will be supplemented to my transport business getting a new taxi will take me a short time .If i can get at least 20 lit res after expenses of feeding that cow it will bring an income of 800 shillings a day that is 24000 shillings a months this is good .working with you lenders am going forward .i take this opportunity to thank you for taking your time to look into my profile and funding me i promise that i will pay your loan in full without fail .thanks in advance.

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