Purchase of two cubes of salt lick

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 purchase 2 cubes of saltlick for my cows
one cube of salt lick costs $3 in my locality hence two of them will cost $6
the saltlick will help my cows maintain a good health hence a good milk production
this will really increase the production and the profit will rise because a good health in cows will make the milk production to raise

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$6.00

Date disbursed

Nov 30, 2017

Repayment status

On Time

Projected term

2 weeks

Lenders

Claire Lewis

Wales Uk, United Kingdom

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