Sustainable dairy farming

Dickson Wafula

Bungoma Netima Village, Kenya

12% paid forward

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

Project Proposal

Lowell Investments Limited will be a licensed dairy farm business that is committed to producing raw milk in commercial quantities for both the Kenyan market and the global market. We are in the dairy farms industry for the purpose of generating profits and we are going to do all that is permitted by the laws of Kenya to achieve our business goals.
These are the areas we will concentrate on in our dairy farm business. If need arises we will definitely add more related animal breeding services to our list;

Milking dairy cattle
Dairy support services
Dairy cattle farming
Farrier services
Sale and export of other dairy products
Sale of Cattle and milk
Sale of processed meat (beef) / can – beef (Processed Diary foods, and can beef et al)
Dairy farming related consultancy and advisory services

Lowell investments Ltd is seeking finance of KES 3,536,673.00 ($ 30000) from like minded partners through loans, grants, seed capital and debt equity .
We intend to buy 1 .5 acres of land with Title Deed Kes 1,296,780.10 ($11000) Construction of Zero Grazing Unit – Kes 300,000 ($ 3000) 2 Fleckvieh heifers costing Kes 300,000 ($3000) and 1 dairy milking cow costing Kes 150,000($1500) .We also plan a drill a borehole costing Kes 707,334.60 ($6000) Hydroponic feeding costing Kes 353,667.30 ($3000), Farm Equipment’s $1000 Petrol Feed Chopper Kes 40,000 ($350) labour Kes 135,572.46 ($ 1150 )
This will provide sufficient cash flow for the farm until it can start making its profits .Sales are expected to reach Ksh 300.000 by year three.
This plan provides detailed strategic business plan information necessary for initial establishment and operations. The plan outlines business growth trajectory projections, methods, procedures for operation, and infrastructure outlay and management.

Feedback

1

None

None

  • mabo    Apr 28, 2018

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

    Log in to reply • Share


Loading...

Project Info

Project Type

Pay It Forward

Disbursed amount

$261.95

Date disbursed

Sep 7, 2022

Cost to entrepreneur

Service fee: $12.46

Pay It Forward contribution: $37.37

Backers

JimVandegriff

Trinidad, California, United States

Paul Smithson

Leeds, United Kingdom

M

mariamfula

United States

Ernest Nnuro

Hwidiem Brong - Ahafo Region, Ghana

BS

Brandon S

United States

D

Dave

Dropmore, Manitoba, Canada

Paul Buchheit

Mountain View, United States

John Allosso

Nairobi, Kenya

John Makwata

Bungoma, Kenya

Paul Aduko

Chiraa, Ghana

Ansah Emmanuel Kwame

Greater Accra, Ghana

Heather

United States

Emily Ngolo

Nairobi, Kenya

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

Loading...

Loading...

Payments Forward

Amount returned to the platform for this project

$29.03

Pay It Forward Projects funded by Dickson

$69 (5 Projects)

Projects funded by Dickson's Pay It Forward recipients

$247 (18 Projects)

Dickson paid it forward to: