Repair my dairy farm

Kipkirui Wesley

Bomet, Kenya

100% repaid

Entrepreneur

Name

Kipkirui Wesley

Member since

March 2019

On-time repayments

17 installments  •  59%

About Me

I'm a Kenyan citizen aged 25 years and live in Bomet County. I grew up in the farm and went to primary school within our location named Bukunye primary. I studied B. commerce in the University of Nairobi and is currently working as an intern at the Barclays Queens way branch in Nairobi. Ours is a large family and I'm the first one to attain the University education. Being the first born I have the responsibility of helping my parents to educate my siblings. I also mentor our neighborhood children since they look up to me. I am a Christian and due to my discipline and hardworking I was sponsored by my local church throughout my primary education and was picked up by the Equity Bank for my high school education. This is because I came from a struggling family. I have learnt throughout my life and through the support i received that it's important to support the needy. I have been inspired to help those that are less previlleged hence the main reason I started my dairy farm.

My Business

I have a well established dairy farm in my rural home where I and my family live. I keep Eight dairy cattle and one heifer. I am also working as an accountant in Barclays bank as an intern.

I get at least 24 litres of milk from each cow which I sell in the milk deport in a price of Ksh. 40 per litre. This adds upto equivalent of $ 537 per week and spent at least $ 170. The business is quite stable and the prizes rarely change.

The profit from this business which is around $ 366 is used to keep my siblings in school and help my parents and neighbors. I also have a small family of three which I support. My family relies on me since they have no other source of income. They help me provide the much needed labour.

I am requesting to have my business expanded. Were it possible for me to get Five more cattle then I will really appreciate. My immediate community needs help and I am one of those looked upon.

Thanks for the far you have supported me in purchasing the dairy licks.

Loan Proposal

I have a weak point in my farm that the cattle normally gets out through it. I plan to fence it with logs and timber.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1.95

Date disbursed

May 3, 2019

Repayment status

On Time

Projected term

3 weeks

Cost to entrepreneur

Service fee: $0.07

Lenders

Aran Dunlop

United States

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