Entrepreneur
Name
Ben
Member since
November 2014
On-time repayments
235 installments • 12%
About Me
My name is Ben Oriwa a goat farmer,from Kombewa. I was born in a family of 10 and I am the third born in the familly.My family depend on farming to make living .I went to Kombewa primary school and later joined kombewa secondary school.
I started goat farming when a friend of mine introduced me to goat farming,i started with one goat and it died ,however i did not give up,i saved enough money to buy another goat which has given birth to three young ones.
most people dont rear goat for milk in this area ,and so that makes my venture unique.the demand for my milk is high because it is sweeter and nutritious and good for babies.
I like swimming and so on my free time i visit lake Victoria to swim.
My Business
My business entails providing my community who form my clientele base with affordable,nutritious and clean goat milk.
The demand for my milk far outweighs supply this is due to rare nature of this goods in the society where i live. i choose this business because had passion in goat keeping.
In a month i use $50 and my revenues are $200 from sale of milk and manure.I use my profits to pay fees for my siblings.
Loan Proposal
Due to expanding market and increased demand for goats milk in my area of operation.I wish to take these opportunity to humble request for a loan that will see me purchase two female alpines that are due in the next one month .The two will cost me $600. I have already prepared the housing unit and paid for the deposit of $120. Please facilitate me so that I am able to clear the balance of $480 on time.
The two goats will increase my production by 5 liters of milk a day which translates to $12 a da,these will be 120% increase in my revenues. Looking forward to your support,thank you in advance,I may one day export goats milk!!
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Loan Info
Project Type
Classic Loan
Disbursed amount
$450.00
Date disbursed
Apr 6, 2015
Repayment status
Late
Projected term
51 months
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