Name
Jospht
Member since
October 2012
On-time repayments
33 installments • 64%
I am a father of seven children only two in high school, the rest have completed their education. Live in Kiptangwanyi about 500 meters from kiptangwanyi trading center next KFA along kiptangwanyi-makongo road, my occupation is farming (mixed farming) also I am member of KFA leader , I have a little knowledge but having general information.
I started a business of farming after having an education day of farming funded by Brookside Company, by the end of the day they promise us to be buying our milk, they also tell us to crossbreed the indigenous cattle by dairy breed which are highly productive in milk, but before I was dealing most with vegetable. I am expecting to purchase more cattle’s and chicken also I will purchase a piece of land to accommodate the feed of animal and farming of vegetable.
My business is farming
My business includes cattle farming, chicken rearing and vegetable in small scale. They is a lot of demand of the product such as milk, because the milk is taken by the Brookside company dairy, and also so many people here rely on vegetable
Most of the farmer in kiptangwanyi have not yet crossbreed their cattle thus making me being the most of the few one who will produce much milk. The business will be profitable because most of the feed a get from my farm. The risk facing the business is poor road during the rainy season which hinders the transportation of the milk.
My typical monthly cost is khs 55000, sale revenue is around ksh 25000 and profit is above 20000 but I am planning to earning more.
Thank you zidiisha for having considered me for this second loan,with this second loan i want to purchase and add my agrovet with more stock more specific with chemical that prevent crop pest which are commonly used at this season,i will also buy maize seed and keep it as stock to be sold early next year,this wil help me more as most farmers prefer to buy the seed early when they is no competition.
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Project Type
Classic Loan
Disbursed amount
$477.00
Date disbursed
Nov 19, 2013
Repayment status
Late
Projected term
23 months
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