Request for funds for the purchase of a dairy cow

Obara

Currently I Live In Maua Town In Meru County., Kenya

100% repaid

Entrepreneur

Name

Obara

Member since

April 2014

On-time repayments

343 installments  •  96%

About Me

I am a businessman and a farmer at the same time.I operate a curio shop in Maua town found in Meru county.I also have dairy cows at my rural home in kisii county.

My Business

I have three dairy cows which give me around USD 825 per month on top of my earnings from a curio shop of $530 per month. My average cost to run the business per month is $177 for the shop and USD 150 in my dairy cow farming per month. I also do online assignment with Brainy Writers who pay twice in every month. I do get an average of $352 per month. Their payment is made on 5th and 25th of every month.The only cost I incur to do these assignments is $12 for internet bundles monthly. The only risk involved in my curio shop business is that i deal with fragile goods. For online assignment, the risk involved is that sometimes orders are few for one quarter in a year. This makes me make an average of $60 per month.

Loan Proposal

Hello lenders.I want to diversify my investment criteria by venturing into dairy farming.I have identified one Frisian cow which will cost KES80,000.I can not afford the whole amount at the moment and that is why I have requested for your assistance.I have done feasibility study and am sure this is a viable investment option.

Feedback

3

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Loan Info

Project Type

Classic Loan

Disbursed amount

$649.00

Date disbursed

Dec 3, 2016

Repayment status

On Time

Projected term

20 months

Lenders

PG

Paul Graham

United States

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