Purchasing feed for dairy cows

Stephen

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Stephen

Member since

August 2017

On-time repayments

92 installments  •  23%

About Me

My names are Stephen Chumba from Eldoret, UasinGishu County. As young boy I grew up in the village and went to school in the same vicinity from nursery to standard seven. Live was not all that rosy.
There were difficulties but I overcame because I knew there was a future and I had to work hard. After my secondary I started my small farming and I am still doing it to-date. After the rich had harvested their farms, I could go to look for anything that
was left and would gather little from many farms sale for an income that helped me to start farming. The land and the people around me are friendly helpful in many ways.
I have five children. One wants to be a farmer,another a teacher, another a doctor, another business. All are still at school. I love reading.
.

My Business

Maize production and dairy farming is mainly my business. Maize is staple food and milk too. I chose this kind of business because it is easier and has ready market.The typical costs depends on the cost of seeds, fertilizers,farm iplements and animal feeds
during dry spells
The profits goes to improvement of the business, school fees and other family needs
that may arise from time to time.

Loan Proposal

With the loan I will purchase twenty bags of dairy feeds at six dollars each.The said feeds will within a short period improve the production of milk.Once the production is increased more money will flow in as a result.The repayment wont be a problem. I will use the increase to even pay fees for my children and other domestic needs.We are approaching a dry season which requires an intensive dairy management.I am hopeful that with the support of my lenders and the zidisha organization things will work out successfully.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$117.00

Date disbursed

Jan 14, 2018

Repayment status

On Time

Projected term

6 weeks

Lenders

PG

Paul Graham

United States

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