Name
Michael
Member since
September 2014
On-time repayments
22 installments • 68%
My family and I live in kianjoya village, a place with moderate climate. I am a teacher by profession and I teach at Kianjoya Secondary school. I decided to start rearing of milk goats to increase my income so as to sustain my family. There are many advantages related to this business/project because i am able to educate my children, have enough milk for my family and sell a few litres to neighbours. I also sell young goats to new interested farmers at a profit and these goats are expensive. curretly, i have 7 mature goats and four young goats. during my free time i like playing table tennis and darts with my friends and colleagues.
My business is both a business and a family project where i rear milk goats primarily Toggenberg breed. They are not exactly pure breeds but they do well in the local climate relative to local indigenous breeds. I get 1 litre per goat although some times they produce more. I sell locall at Kshs. 40 per litre which translates to about Kshs. 4000 in a month. I also reduce costs of buying milk for the family which is a great advantage to me. I spend the money in buying feeds and drugs for the goats and the remaining i add to school fees for my children and their upkeep. If i get a loan, it would go a long way in improving this business which will in turn uplift my standard of living.
thank you for the previous loan. am so gratefull. i do propose my second loan of kes 13160 as i want to add more goats. addition of more goats will increase my income. this will be profitable as it will make me introduce another project of livestock such as poultry keeping
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$148.00
Date disbursed
Dec 8, 2014
Repayment status
On Time
Projected term
7 weeks
Other loans
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