Rebuilding of a new cowshed

John Muchiri

Nyeri Town, Kenya

100% repaid

Entrepreneur

Name

John Muchiri

Member since

April 2014

On-time repayments

83 installments  •  41%

About Me

I
am a young 22 year old hard working young man,since compliting high
school i have been very much involved in agribusiness as taught in
school,i have been it for five years. I have managed to keep one dairy
cow,that has recently given birth to a calf,twelve sheep,eight goats and
a few rabbits. I also involve myself in cabbage,tomatoe,maize and beans
farming. I am glad that business has been good that through the sale of
milk,meat and crops i have been able to support myself and my sialings
through school.

My Business

I
am in the farming business where i deal in the sale of farm
produce,most of the income that i get comes from the sale of of milk and
since my cow has given birth to a calf the milk that i used to sell has
gone down since the calf is drinking milk, if am given the loan i will
use it tn buy dairy feed inorder to increase the milk production of my
cow,to satisfy my calf and for sale. Through your assistance i will be
able to buy dairy feed that will boost the milk production of my cow
thus selling more milk,this will help me improve my self and my family.

Loan Proposal

If i get this loan,it will help me to do the following things: most of the loan will go to building a new,bigger,modern and better cow shed for my cow,calf and other two cows which am planning to add. i will need the following items: cement at approximately 20 $,ballast 20 $,sand 20 $,stones 20 $,iron sheets 15 $, nails 5 $ and timber 20 $. the remainder i will use to buy some feeds for the livestock. after completion of the new cowshed the cows will be able to stay comfortably hence will improve the production of milk and will be healthy.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.52

Date disbursed

Sep 1, 2014

Repayment status

On Time

Projected term

6 months

Cost to entrepreneur

Lender interest: $150.52 at 2.80% annual rate over 6 months = $2.35

Service fee: $3.00

Lenders

P

phangsang

Seattle, United States

H

howard

Vence, France

CMK71

San Francisco, United States

mepster

San Francisco, Ca, United States

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