Sustainable dairy farming

Dickson Wafula

Bungoma Netima Village, Kenya

100% repaid

Entrepreneur

Name

Dickson Wafula

Member since

August 2015

On-time repayments

283 installments  •  77%

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

The total cost of feeding in this model is adding up to 64%, which agrees with many studies done in Kenya. This % is the sum total of forages 30%, concentrates 30% and minerals 4%. Dairy farmers feed more concentrates to complement forage with low feeding value, such as low quality hay, overgrown and non-fertilised Napier grass and other grasses, maize stovers, low leaf/high stem content lucern hay.The loan will be used to improve the hydroponic feeding stalls this will increase milk production hence increase of Profit from current 16% to 18% after expenses

Feedback

1

None

None

  • mabo    Apr 28, 2018

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

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$295.67

Date disbursed

Jun 27, 2019

Repayment status

Late

Projected term

25 months

Cost to entrepreneur

Service fee: $12.46

Credit risk payment: $17.44

Lenders

Brian

Midhurst, Canada

Ron

United States

R

Raabo

Rungsted, Denmark

AndreaBravi

London, UK, Canada

MarktheMormon

Sandy, Utah, United States

Pere

Barcelona, Spain

Cordula

Cologne, Germany

PeteMx

Los Angeles CA,, United States

H

hilde

seattle, United States

Tavin

Ottawa, Canada

C

cyrilleberger

Gammalkil, Sweden

J

JandC

Watsonville, United States

Cloudways

Malta, Malta

DennyC

Rostock, Germany

R

rholden

glen iris, Australia

RasmusF

Södra Sandby, Sweden

Paul and Rachel

London, United Kingdom

ads68

Melbourne, Australia

S

SourceWebDesign

Nieuwegein, Netherlands

rhagen

New York, United States

calvero

Bergen, Norway

Jason

Auckland, New Zealand

stever

Cape Coral, United States

lizandsteve

guelph, Canada

D

drorm

United States

C

ColoradoEmac

United States

bb4dogs

United States

J

Joggele

Austria, Austria

SuperMario28

Cudahy, United States

M

mbarbier

United States

Mike and Jacqui

United Kingdom

Tanya

Nelson, New Zealand

C

Carol

Falmouth, United States

W

Wade

United States

Kevin

San Francisco, United States

Aran Dunlop

United States

A

Andrei

United States

M

mariamfula

United States

UK

Uday Kolluri

New York, Singapore

Gabriel Fenili

Santo André, Brazil

K

Katka

St Albans, United Kingdom

BS

Brandon S

United States

Carla

United States

JA

Jan Andresen

Hamburg, Germany

KJ

Kevin J Baird

Cleveland, OH, United States

Vratik Krocik

Prague, Czech Republic

VC

Victor Chong

United States

Dean Suminski

Portland, Oregon, United States

Diane U

Olympia, Wa, Usa, United States

D

David

United States

R

RMIM

United States

Mike

Indianapolis, United States

Tyler Metcalf

Utah, United States

A

Alex

United States

KJ

Karin Joy

Philadelphia, PA, USA, United States

Daveycee

The Hague, Netherlands

Chris

Fairfax County Virginia, United States

G

GWiz89

United States

SW

Sean Walsh

United States

DE

D'vorah Elias

United States

Genuine Interest

Singapore, Singapore

Julie

United States

B

Ben

United States

AO

Ahmed Omar

Netherlands

SG

stephen gore

United Kingdom

KA

Kate and Tom

United States

Dustin Lape

Lynchburg, United States

Carol Vigurs

London, United Kingdom

J

Jakub

United States

Noel Hamill

Halifax, Canada

Christine E Graham

New York, NY, United States

Sayuri

United Kingdom

G

Giscielle

San Fransisco, United States

Ask Dickson a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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