Dickson
Bungoma Netima Village, Kenya
100% repaid
Name
Dickson
Member since
August 2015
On-time repayments
292 installments • 75%
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.
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
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
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$295.00
Date disbursed
Jun 27, 2019
Repayment status
Late
Projected term
25 months
Other loans
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Amount repaid
$295.67
Amount remaining
$0.00
Date repaid
Jan 13, 2022
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jul 7, 2019 | $0.00 | ||
Jul 14, 2019 | $0.99 | Jul 14, 2019 | $0.99 |
Jul 21, 2019 | $0.99 | Jul 31, 2019 | $0.99 |
Jul 28, 2019 | $0.99 | Jul 31, 2019 | $0.99 |
Aug 4, 2019 | $0.99 | Jul 31, 2019 | $0.99 |
Aug 11, 2019 | $0.99 | Jul 31, 2019 | $0.99 |
Aug 18, 2019 | $0.99 | Jul 31, 2019 | $0.99 |
Aug 25, 2019 | $0.49 | Sep 9, 2019 | $0.49 |
Sep 1, 2019 | $0.49 | Sep 9, 2019 | $0.49 |
Sep 8, 2019 | $0.49 | Sep 9, 2019 | $0.49 |
Sep 15, 2019 | $0.49 | Sep 9, 2019 | $0.49 |
Sep 22, 2019 | $0.49 | Sep 9, 2019 | $0.49 |
Sep 29, 2019 | $0.49 | Sep 9, 2019 | $0.49 |
Oct 6, 2019 | $0.49 | Oct 20, 2019 | $0.49 |
Oct 13, 2019 | $0.49 | Oct 20, 2019 | $0.49 |
Oct 20, 2019 | $0.49 | Oct 20, 2019 | $0.49 |
Oct 27, 2019 | $0.49 | Oct 20, 2019 | $0.49 |
Nov 3, 2019 | $0.49 | Oct 20, 2019 | $0.49 |
Nov 10, 2019 | $0.49 | Oct 20, 2019 | $0.49 |
Nov 17, 2019 | $0.99 | Oct 30, 2019 | $0.99 |
Nov 24, 2019 | $0.99 | Oct 30, 2019 | $0.99 |
Dec 1, 2019 | $0.99 | Oct 30, 2019 | $0.99 |
Dec 8, 2019 | $0.99 | Oct 30, 2019 | $0.99 |
Dec 15, 2019 | $0.99 | Oct 30, 2019 | $0.99 |
Dec 22, 2019 | $0.99 | Dec 22, 2019 | $0.99 |
Dec 29, 2019 | $0.99 | Dec 22, 2019 | $0.99 |
Jan 5, 2020 | $0.99 | Dec 22, 2019 | $0.99 |
Jan 12, 2020 | $0.99 | Dec 22, 2019 | $0.99 |
Jan 19, 2020 | $0.99 | Dec 22, 2019 | $0.99 |
Jan 26, 2020 | $0.00 | ||
Feb 2, 2020 | $0.99 | Jan 27, 2020 | $0.99 |
Feb 9, 2020 | $0.99 | Jan 27, 2020 | $0.99 |
Feb 16, 2020 | $0.99 | Jan 27, 2020 | $0.99 |
Feb 23, 2020 | $0.99 | Jan 27, 2020 | $0.99 |
Mar 1, 2020 | $0.99 | Jan 27, 2020 | $0.99 |
Mar 8, 2020 | $0.00 | ||
Mar 15, 2020 | $0.00 | ||
Mar 22, 2020 | $0.00 | ||
Mar 29, 2020 | $0.49 | Mar 29, 2020 | $0.49 |
Apr 5, 2020 | $0.49 | Mar 29, 2020 | $0.49 |
Apr 12, 2020 | $0.49 | Mar 29, 2020 | $0.49 |
Apr 19, 2020 | $0.49 | Mar 29, 2020 | $0.49 |
Apr 26, 2020 | $0.49 | Mar 29, 2020 | $0.49 |
May 3, 2020 | $2.46 | Mar 29, 2020 | $2.46 |
May 10, 2020 | $1.00 | May 5, 2020 | $1.00 |
May 17, 2020 | $1.00 | May 5, 2020 | $1.00 |
May 24, 2020 | $1.00 | May 5, 2020 | $1.00 |
May 31, 2020 | $1.00 | May 5, 2020 | $1.00 |
Jun 7, 2020 | $1.00 | May 5, 2020 | $1.00 |
Jun 14, 2020 | $0.50 | Jun 12, 2020 | $0.50 |
Jun 21, 2020 | $0.50 | Jun 12, 2020 | $0.50 |
Jun 28, 2020 | $0.50 | Jun 12, 2020 | $0.50 |
Jul 5, 2020 | $0.50 | Jun 12, 2020 | $0.50 |
Jul 12, 2020 | $0.50 | Jun 12, 2020 | $0.50 |
Jul 19, 2020 | $3.40 | Jun 12, 2020 | $3.40 |
Jul 26, 2020 | $0.50 | Jul 26, 2020 | $0.50 |
Aug 2, 2020 | $0.50 | Jul 26, 2020 | $0.50 |
Aug 9, 2020 | $0.50 | Jul 26, 2020 | $0.50 |
Aug 16, 2020 | $0.50 | Jul 26, 2020 | $0.50 |
Aug 23, 2020 | $0.50 | Jul 26, 2020 | $0.50 |
Aug 30, 2020 | $2.41 | Jul 26, 2020 | $2.41 |
Sep 6, 2020 | $0.50 | Aug 30, 2020 | $0.50 |
Sep 13, 2020 | $0.50 | Aug 30, 2020 | $0.50 |
Sep 20, 2020 | $0.50 | Aug 30, 2020 | $0.50 |
Sep 27, 2020 | $0.50 | Aug 30, 2020 | $0.50 |
Oct 4, 2020 | $0.50 | Aug 30, 2020 | $0.50 |
Oct 11, 2020 | $0.44 | Aug 30, 2020 | $0.44 |
Oct 18, 2020 | $0.50 | Oct 12, 2020 | $0.50 |
Oct 25, 2020 | $0.50 | Oct 12, 2020 | $0.50 |
Nov 1, 2020 | $0.50 | Oct 12, 2020 | $0.50 |
Nov 8, 2020 | $0.50 | Oct 12, 2020 | $0.50 |
Nov 15, 2020 | $0.50 | Oct 12, 2020 | $0.50 |
Nov 22, 2020 | $2.41 | Oct 12, 2020 | $2.41 |
Nov 29, 2020 | $1.00 | Nov 30, 2020 | $1.00 |
Dec 6, 2020 | $1.00 | Nov 30, 2020 | $1.00 |
Dec 13, 2020 | $1.00 | Nov 30, 2020 | $1.00 |
Dec 20, 2020 | $1.00 | Nov 30, 2020 | $1.00 |
Dec 27, 2020 | $1.00 | Nov 30, 2020 | $1.00 |
Jan 3, 2021 | $8.45 | Jan 5, 2021 | $8.45 |
Jan 10, 2021 | $2.96 | Jan 18, 2021 | $2.96 |
Jan 17, 2021 | $0.00 | ||
Jan 24, 2021 | $8.45 | Jan 27, 2021 | $8.45 |
Jan 31, 2021 | $8.36 | Feb 26, 2021 | $8.36 |
Feb 7, 2021 | $0.00 | ||
Feb 14, 2021 | $0.00 | ||
Feb 21, 2021 | $8.45 | Feb 26, 2021 | $8.45 |
Feb 28, 2021 | $8.45 | Feb 26, 2021 | $8.45 |
Mar 7, 2021 | $8.45 | Mar 9, 2021 | $8.45 |
Mar 14, 2021 | $8.45 | Mar 24, 2021 | $8.45 |
Mar 21, 2021 | $0.00 | ||
Mar 28, 2021 | $0.00 | ||
Apr 4, 2021 | $8.45 | Apr 8, 2021 | $8.45 |
Apr 11, 2021 | $8.45 | May 12, 2021 | $8.36 |
Jun 29, 2021 | $0.10 | ||
Apr 18, 2021 | $8.45 | Jun 29, 2021 | $8.45 |
Apr 25, 2021 | $8.45 | Jun 29, 2021 | $1.30 |
Jul 30, 2021 | $7.15 | ||
May 2, 2021 | $8.45 | Jul 30, 2021 | $2.70 |
Sep 10, 2021 | $4.93 | ||
Nov 3, 2021 | $0.83 | ||
May 9, 2021 | $8.45 | Nov 3, 2021 | $8.45 |
May 16, 2021 | $11.12 | Nov 3, 2021 | $1.83 |
Dec 8, 2021 | $9.28 | ||
May 23, 2021 | $11.12 | Dec 8, 2021 | $1.83 |
Jan 4, 2022 | $9.28 | ||
May 30, 2021 | $11.12 | Jan 4, 2022 | $2.54 |
Jan 13, 2022 | $8.57 | ||
Jun 6, 2021 | $11.12 | Jan 13, 2022 | $11.12 |
Jun 13, 2021 | $11.12 | Jan 13, 2022 | $11.12 |
Jun 20, 2021 | $11.12 | Jan 13, 2022 | $11.12 |
Jun 27, 2021 | $11.12 | Jan 13, 2022 | $11.12 |
Jul 4, 2021 | $11.12 | Jan 13, 2022 | $11.12 |
Jul 11, 2021 | $11.12 | Jan 13, 2022 | $11.12 |
Jul 18, 2021 | $11.12 | Jan 13, 2022 | $11.12 |
Jul 25, 2021 | $11.12 | Jan 13, 2022 | $11.12 |
Aug 1, 2021 | $0.41 | Jan 13, 2022 | $0.41 |
mabo Apr 28, 2018
Dickson Apr 28, 2018
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