Sustainable commercial dairy farming

Dickson

Bungoma Netima Village, Kenya

100% repaid

Entrepreneur

Name

Dickson

Member since

August 2015

On-time repayments

292 installments  •  75%

About Me

An upcoming commercial agribusinesses entrepreneur with a passion for the less fortunate in the society.
having registered Lowell investments limited.with a vision of being one of the most sustainable agribusiness in Africa. its mission is to empower and eradicate poverty in the rural areas
Having being brought up in a poor family ,where we struggled to get to school or even a meal in a day.i feel for the vulnerable in the society especially the children and mothers.. hence the project to assist in employment and health.

My Business

The last Loan i took improved food production for the cow through use of Hydroponic Feeding.
It increased the level of milk from 4 litres to 6 litres per day which led to the increase of sales hence faster loan repayment.

Covid pandemic came with so many challenges with money disposal in peoples pockets was less.
The cost of raw materials also shoot and cost of labor too hence sales volumes decreased and repayment levels also went down
We thank God the Economy has started picking and now sales are picking up

We produced clean hygienic milk that every member of the society would literally compete for the 6 litres
We as a family the milk improved our diet hence good health to the family

The Next loan i still need to scale up on production of feeds/forage and silage.
Drought is very key challenge hence more food production is required to cater for the dry spell
plus Covid Effects still being felt

Summary on How cash/loan will be used
Repairs of Hydroponic stalls-$50
Buying of barley/wheat/sorghum seeds -$200
Buying of Chemicals- $ 50
Labour-$ 50
Miscellaneous Expenses-$20
Veterinary cost $ 50
Dairy Equipments-$50
Minerals/supplements-$50
Dairy Meal-$-120

Loan Proposal

To buy dairy feeds and practice hydroponics feeding
1.dairy meal -$75
2.concentrates-$25
3.hay-$50
4,vet costs$60
This will increase production of milk hence increase of sales and increase of generated revenue

Feedback

1

None

None

  • mabo    Apr 28, 2018

    Thanks Dickson Wafula, and good luck for all your future projects!

    Log in to reply • Share
    • Dickson    Apr 28, 2018

      Dear Mabo
      Thanks for your comments am humbled
      have a blessed day ahead

      Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$196.00

Date disbursed

Mar 21, 2018

Repayment status

On Time

Projected term

12 months

Lenders

R

Rahima

United States

J

Netherlands

CC

Carl Corvin

United States

mabo

Germany

M

MichaelTruog

United States

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Summary

Amount repaid

$196.72

Amount remaining

$0.00

Date repaid

Apr 27, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Mar 31, 2018 $3.94 Mar 23, 2018 $3.94
Apr 7, 2018 $3.94 Apr 4, 2018 $3.94
Apr 14, 2018 $3.94 Apr 4, 2018 $3.94
Apr 21, 2018 $1.00 Apr 15, 2018 $1.00
Apr 28, 2018 $1.00 Apr 15, 2018 $1.00
May 5, 2018 $1.00 Apr 15, 2018 $0.03
Apr 27, 2018 $0.97
May 12, 2018 $1.00 Apr 27, 2018 $1.00
May 19, 2018 $3.94 Apr 27, 2018 $3.94
May 26, 2018 $3.94 Apr 27, 2018 $3.94
Jun 2, 2018 $3.94 Apr 27, 2018 $3.94
Jun 9, 2018 $3.94 Apr 27, 2018 $3.94
Jun 16, 2018 $3.94 Apr 27, 2018 $3.94
Jun 23, 2018 $3.94 Apr 27, 2018 $3.94
Jun 30, 2018 $3.94 Apr 27, 2018 $3.94
Jul 7, 2018 $3.94 Apr 27, 2018 $3.94
Jul 14, 2018 $3.94 Apr 27, 2018 $3.94
Jul 21, 2018 $3.94 Apr 27, 2018 $3.94
Jul 28, 2018 $3.94 Apr 27, 2018 $3.94
Aug 4, 2018 $3.94 Apr 27, 2018 $3.94
Aug 11, 2018 $3.94 Apr 27, 2018 $3.94
Aug 18, 2018 $3.94 Apr 27, 2018 $3.94
Aug 25, 2018 $3.94 Apr 27, 2018 $3.94
Sep 1, 2018 $3.94 Apr 27, 2018 $3.94
Sep 8, 2018 $3.94 Apr 27, 2018 $3.94
Sep 15, 2018 $3.94 Apr 27, 2018 $3.94
Sep 22, 2018 $3.94 Apr 27, 2018 $3.94
Sep 29, 2018 $3.94 Apr 27, 2018 $3.94
Oct 6, 2018 $3.94 Apr 27, 2018 $3.94
Oct 13, 2018 $3.94 Apr 27, 2018 $3.94
Oct 20, 2018 $3.94 Apr 27, 2018 $3.94
Oct 27, 2018 $3.94 Apr 27, 2018 $3.94
Nov 3, 2018 $3.94 Apr 27, 2018 $3.94
Nov 10, 2018 $3.94 Apr 27, 2018 $3.94
Nov 17, 2018 $3.94 Apr 27, 2018 $3.94
Nov 24, 2018 $3.94 Apr 27, 2018 $3.94
Dec 1, 2018 $3.94 Apr 27, 2018 $3.94
Dec 8, 2018 $3.94 Apr 27, 2018 $3.94
Dec 15, 2018 $3.94 Apr 27, 2018 $3.94
Dec 22, 2018 $3.94 Apr 27, 2018 $3.94
Dec 29, 2018 $3.94 Apr 27, 2018 $3.94
Jan 5, 2019 $3.94 Apr 27, 2018 $3.94
Jan 12, 2019 $3.94 Apr 27, 2018 $3.94
Jan 19, 2019 $3.94 Apr 27, 2018 $3.94
Jan 26, 2019 $3.94 Apr 27, 2018 $3.94
Feb 2, 2019 $3.94 Apr 27, 2018 $3.94
Feb 9, 2019 $3.94 Apr 27, 2018 $3.94
Feb 16, 2019 $3.94 Apr 27, 2018 $3.94
Feb 23, 2019 $3.94 Apr 27, 2018 $3.94
Mar 2, 2019 $3.94 Apr 27, 2018 $3.94
Mar 9, 2019 $3.94 Apr 27, 2018 $3.94
Mar 16, 2019 $3.94 Apr 27, 2018 $3.94
Mar 23, 2019 $3.94 Apr 27, 2018 $3.94
Mar 30, 2019 $3.54 Apr 27, 2018 $3.54

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