Faith
Bungoma Town, Kenya
100% repaid
Name
Faith
Member since
September 2017
On-time repayments
18 installments • 22%
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 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
I will use this loan to purchase animals feeds to assist me in feeding my cows throughout the seasons even during the dry seasons, I will vaccinate my dairy cows in order to prevent them from contracting diseases.I will also use the loan to erect a shade for them which will prevent them from the adverse weather conditions.I will use this loan to repair the cows house and also the calves pen.I will maintain the equipment that i have such as knap sack sprayer to be well operational without problems.This loan as well help me hire a worker who will help me in the day to day work.I will benefit from this loan in that my income will improve and farming business.My workers will benefit because their salaries will improve and i expect that this loan will help boost my profits and i will be able to support my family much more better.
Positive
None
Neutral
None
Negative
1
Project Type
Classic Loan
Disbursed amount
$4.00
Date disbursed
Oct 6, 2017
Repayment status
On Time
Projected term
2 weeks
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Michael Bauschke Jan 31, 2018
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