Support me to buy another cow for my farm/business

Josphat Githui

Ngorika,kenya, Kenya

42% repaid

Entrepreneur

Name

Josphat Githui

Member since

December 2014

On-time repayments

149 installments  •  26%

About Me

My name is Josphat Gichingiri Githui,being born in the town of Nakuru in the Year 1965,as the 3rd born in our family of 6 siblings.i have attained a primary school & secondary school education respectively.I was not able to further my education through college because of financial constrain and also their were other siblings behind me who were also continuing with their primary & secondary education.I have worked with various companies such Kenya Co-operative Creameries(K.C.C)&Kenya Farmers Association (K.F.A) respectively.I am married with one daughter & two sons,In our church am an elder,i have a passion in reading ,mostly newspapers and the Bible.

My Business

I am fully now involved in farming which is Dairy farming,i started this farming as a business and i can't regret because of the benefits that i have reaped from this business,it is very viable and good business.l have two cows that l milk an average of twenty eight liters of milk daily which l then take the eight liters for my family (two liters) and the neighbors (five liters) i sell to them.The remaining twenty liters i sell to our local co-operative society.This enables me to earn USD 110 per month after deducting the expenses,the demand for milk is very high and my dream is to have more three cows.
To support my dream i will make a saving of USD 60.It is with great humble i take this chance to thank the entire Zidisha family.Thank you in advance for your kind support.

Loan Proposal

My appreciation goes to the entire Team of Zidisha & good Lenders who supported my business with first loan,this second loan from Zidisha and lenders i will buy another cow topping up with my savings at a cost of USD 435 ,this cow will be added to my herds that i already have and will increase the production of milk in my farm,i have already ordered for the cow and i have seen it which is waiting for the payment and it will be delivered to my farm,this will be of great boost to my business because the production of milk will increase and sales will also increase,this will help me to cater for my upkeep and that of the cows,paying of the loan and also my savings will increase.Thank You for your kind support.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$264.33

Date disbursed

May 18, 2015

Repayment status

Late

Projected term

31 months

Cost to entrepreneur

Service fee: $9.88

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