Entrepreneur
Name
Alex
Member since
April 2016
On-time repayments
159 installments • 15%
About Me
am alex mosoti, 27 years old, i was born and raised in a village called ogembo, i have 3 brothers , i was brought up in a Christian family, my parents passed away when i was in form two. my elder brother took care of me and my younger brother, but he had an accident later own and he became disabled. i had to drop out of college because of luck of funds.
i went back to the village and started doing farm jobs, i was able to raise a little cash thats when i decided to buy a dairy cow.
i love reading articles and knowing whats happening around me during my free time.
My Business
i have a dairy cow, it produces 12 litres of milk daily, i consume 2 litres and sell the remaining 10 litres, i sell a litre at kes 70, i make kes 700 a day and kes 20000 a month.
i use kes 5000 to buy fodder for the cow, kes 2500 to buy feed for the cow to improve the milk production, kes 7000 takes care of the household bills and i save kes 4500 every month
Loan Proposal
I would like to request a loan of $ 140 to help me purchase fodder and feeds that will enhance milk production. I will be able to stock the fodder and my cows will feed on it for a period of six months. This will see me save time and costs that I incur due to the distance.
I will be grateful if you fund my project and as always I will owner my contract and repay the loan on time. Thanks
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Loan Info
Project Type
Classic Loan
Disbursed amount
$161.00
Date disbursed
Jul 6, 2016
Repayment status
Late
Projected term
35 months
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