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

3

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$915.00

Date disbursed

Dec 25, 2017

Repayment status

On Time

Projected term

10 months

Lenders

LadyofHats

Hamburg, Germany

MakeSense

-, St. Kitts and Nevis

C

chrisherron

Chicago, United States

L

Lenah

Vert Saint Denis, France

isabelv

Barcelona, Spain, Sweden

L

LenoMetus

Perth, Australia

B

BMcDermott

Washington, DC, United States

sderickson

Berkeley, CA, United States

P

pitypang

Switzerland

Paul Buchheit

Mountain View, United States

mepster

San Francisco, Ca, United States

Vesa

Helsinki, Finland

Loungin

United States

utdream

United States

S

satheajay

United States

S

Sven

Netherlands

F

Falk

Germany

A

AER

Germany

PR

peter reibold

United States

Kate Courteau

United States

Max Lettenberger

Madison, WI, United States

George

Corvallis, Oregon, United States

CNV

United States

Arend Thorp

Brooklyn, NY, United States

E

Eyad

Saudi Arabia

A

Andrei

United States

Roman Achmatow

Leipzig, Germany

RC

Rudi Chen

United States

H

Heather

United States

HPK

Switzerland, Switzerland

JA

Jan Andresen

Hamburg, Germany

johannes

Taipei, Taiwan

Ryan Keller

Hong Kong, Hong Kong

MF

Mike Frawley

United States

J

Jan

Netherlands

VC

Victor Chong

United States

The X2AI Team

San Francisco, United States

D

David

United States

Mike

Indianapolis, United States

Paul Buchheit

Mountain View, United States

E

Eric

Canada

Pierre Louis Luxama

Lake worth, United States

LM

Lee Montecucco

Washington State, United States

sbdoc

Reno, United States

AA

Andrew and Kim

Nashville, TN, United States

Jim Murray

United States

MH

Matt Hodges

United Kingdom

CH

Christian Holck

United Kingdom

DO

Denis Ontiveros

Guildford, 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.

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  • Obara    Apr 23, 2024

    The general micro and macro business environment in Kenya has been doing badly but it is now picking.Trusting that it continues to pick up going forward.

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  • Obara    Feb 8, 2024

    Business down than I anticipated.I will catch up from the fourth installment.

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  • Obara    Jan 12, 2024

    Hi everyone.Am grateful for funding my project.I have been a zidisha member since 2014.My prayer is that I graduate to join you in funding other business people to empower them financially.Thank you so much

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  • Nnaemeka Hartson    Jan 10, 2024

    Kindly make use of the fund to support your project.

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  • Bosco David    Jan 9, 2024

    Best wishes

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  • Jairus    Jan 7, 2024

    Well done

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  • James    Jan 5, 2024

    Good work Obara

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  • Josphat    Jan 2, 2024

    Baite.. Mogaka keep up in whatever you do.
    Thank you.

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  • Obara    Nov 28, 2023

    I do dairy farming.My milk production was higher than the demand.The loan assisted me todiversify to making yoghurt.However,it was not enough lack enough and that is why I am requesting for another loan to enable me buy three more refrigerators to increase storage space and avoid wastages.

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  • Obara    Jun 11, 2023

    Hi all.Thanks for funding my loan.This will go along way to enable me purchase the refrigerators I want to help store processed yoghurt.I have experienced storage challenges in the past which were leading to a lot of wastage.This will eliminate Wastage and increase my profitability from my business.

  • Stephen    Jun 9, 2023

    All the best of luck sir

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  • Isabella    Jan 2, 2023

    Sorry Obara the computer changed your name!

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  • Isabella    Jan 2, 2023

    Greetings Obama. Thanks for your news about your growing business. It sounds good.
    Isabella

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  • Obara    Jan 1, 2023

    Greetings team.Am grateful for your finance assistance through the loans you have been giving me.I have applied the money prudently and seen my business grow gradually to a point that am able to upscale my product range in the value chain.I have been selling milk but now am able to make yoghurt whenever the demand for milk goes down.

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  • Obara    Nov 13, 2022

    Hi great team.The economic shocks globally are not sparing us in Kenya.However, I hope for the best.

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  • Obara    Nov 1, 2022

    The high inflation effects are being felt presently impacting on the overall economic activities.Hope that the situation will get better.

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  • Obara    Oct 16, 2022

    Got better last week but am down this week.Much hope of financial rejuvination in the near future.

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  • Obara    Sep 25, 2022

    The general economic situations in Kenya is worsening.However,I keep the hope alive and strongly believe tomorrow is better than today

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  • Obara    Sep 11, 2022

    The economy in general is doing badly. Individually ,I am gaining though slowly.

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  • Obara    Aug 28, 2022

    Kenya is going through an electioring period.Businesses are yet to get jumpstarted even after covid 19 economic disruptions.Hope for the best in the near future.

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