Entrepreneur
Name
Faith
Member since
September 2017
On-time repayments
18 installments • 22%
About Me
I am a dairy farmer from Kenya.I keep dairy cows in my small piece of farm.I was educated in my Village and schooled in the area schools that were not far away from my home.I underwent a lot of hardships before i made it in life.There were challenges in my childhood while growing up.I did not have good school uniform while schooling and also enough resources of learning and this created a lot of problems but i worked hard despite the challenges.I overcame all these challenges and came to start my dairy farming business through a bank loan that helped me realize my dream of becoming an entrepreneur.The uniqueness of my culture or rather the environment is the cool climatic conditions that it has and even which favors my dairy farming business.My children want to be entrepreneurs in the future with heavy investments to make.My unique hobby is reading novels and having nice time with my family.I also love jogging around a pitch to exercise.Another hobby or rather unique pastime of mine is listening to cool good music that are educative and have a strong message in them.
My Business
My business and main source of income is from dairy farming which i established some few years ago.My dairy cows produce milk which i sell to milk processing factories as well as in the ordinary markets.I collect manure as well and sell them to farmers in the village.The products that i deal in are in demand because they are of the highest quality and i sell them on the most fair prices in the market.My farm produce are healthy and suitable for human consumption.I operate my business on an average of thirty dollars weekly and earn twice the price weekly as well.I reinvest my profits back into the business and educate my children with the rest.I also save some little amounts in the bank for emergencies and future use and plans that i have for my business and family who are my first piority
Loan Proposal
My farm tractor has broken down leading to a lot of inconvenience in the farm work . I plough late and it costs be a lot as compared to using my farm tractor. All the farm work delay because of the break down of the tractor. This has affected my business and family adversely. I will use the loan to repair this only farm tractor to get back to work. Once the tractor will be repaired , it will resume its duties and it will cut the costs that i use in farming. It will bring to me a lot of advantages and everything will be done in time. I will benefit from this so much and my living standards and that of my family will get improved.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$47.00
Date disbursed
Nov 1, 2017
Repayment status
On Time
Projected term
6 weeks
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Ask Faith a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Michael Bauschke Jan 31, 2018
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