Sourcing sheep to ready market

Joseph

Engeneer, Kenya

100% repaid

Entrepreneur

Name

Joseph

Member since

August 2015

On-time repayments

217 installments  •  53%

About Me

raising a family was a great chore for my father,earning a meagre salary anyway he had to make end meet.growing up on the village was a bit challenging having to balance school and assigned farming duties at home.however the experience was exciting, to us and we all grew up thanks be to God.now with challenge of child upbringing I do need to work extra hard to make both end meet thanks to Zidisha for financial assistance.indeed Zidisha is changing lives for the better.

My Business

BUSINESS
Kinagop is endowed with good climate where crops do very well. We grow a variety of crops with the help of my wife. Mostly we grow Irish potatoes, cabbages and carrots. We also have 2 dairy cows which do very well in this area. On average the cow produce 14kg of milk per day which we use at least 2kg for home consumption and the surplus we sell to Tulaga Farmers Co-operative Society Ltd. On average we earn U.S.D 100 per month which we use U.S.D 70 for our monthly expenses and save the rest. In most of the cases we sell potatoes and cabbage after 3 months making an average income of U.S.D 150 after expenses.with this income I can comfortably repay Zidisha loan.

Loan Proposal

Lenders am intending to buy 3 sheeps @usd 50 per head per week i will be sourcing them from Godi 200km from home we have a hire transport of lorry, with 10 entreprenuer, and are willing to accomodate me in the business. my friend is in this business and will assist me.The average projected profit is usd 30 per week this will help improve family income and children education.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$190.00

Date disbursed

Feb 11, 2016

Repayment status

On Time

Projected term

8 months

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