Request for funds to finance my dairy farming expansion
Obara
Currently I Live In Maua Town In Meru County., Kenya
100% repaid
Entrepreneur
Name
Obara
Member since
April 2014
On-time repayments
344 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
I request you to loan me the above amount.Want to purchase an additional dairy cow.I bought one with the last loan you gave me and have seen the fruits of the same business.I want to employ another boy because of the increased foreseeable workload.
Feedback
Positive
3
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$915.00
Date disbursed
Dec 25, 2017
Repayment status
On Time
Projected term
10 months
Other loans
Lenders
Chicago, United States
Washington, DC, United States
United States
United States
United States
Germany
Hamburg, Germany
United States
United States
Portugal
United States
Australia
Washington State, United States
Nashville, TN, United States
Spain
United Kingdom
Ask Obara a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Loading...