To buy drugs and building materials

Michael

Kianjoya, Nakuru, Kenya

16% repaid

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How it Works

Entrepreneur

Name

Michael

Member since

September 2014

On-time repayments

22 installments • 68%

About Me

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

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.

Loan Proposal

I want to expand the goat house so that i separate males from females and from young goats, and from gestating goats because all these require different handling. I want to buy wood building materials and iron sheets for extending roof, will cost be KES10000. I want also to buy different drugs for different needs of the goats to be ready all the time and to avoid disease outbreaks. For this I will use the remaining 3000.