Upgrade my dairy farm

Elijah Cheruiyot

Mogogosiek, Kenya

100% repaid

Entrepreneur

Name

Elijah Cheruiyot

Member since

October 2016

On-time repayments

148 installments  •  70%

About Me

My full name is Elijah cheruiyot Langat born in a small village Siomo Bomet county in 1973. I am second born in a family of seven. My father was a driver and had a difficult time in educating us due to limited resources. I went to secondary school almost 300 kilometers away from home. Since my father was polygamous, we were five in high school. We all went to reputable high schools very far from home. I remember my father use to struggle paying our school fees on time and in full. Many instances I was left in school after closure waiting for fare back to home. The principal could at times dig into his pocket to give me fare home. I at times go to school without pocket money and the very necessities such as pens exercise books soap etc. This made me to work hard and become very innovative in life. I use to save any cent I come across to use while in school to buy my necessities.
After school I went to college did mechanical engineering diploma for three years. I remember my dad asking me not to join college because he was unable to pay for me. Since I am a strong believer of jesus Christ I trusted that God will help me to go through my college successfully. My dad accepted and paid for me first year fees. To the surprise of my dad and entire family, God helped me to get a sponsorship with Toyota Kenya which took me through meeting all the expenses. Later I secured myself a job. from there I have educated myself and did total quality management, Human resource management and technical education.

My Business

I am a small scale (Poultry and Dairy) farmer. Currently in the process of installing a biogas system through SISTEMA.bio. The entire project will cost me 178,800 to be completed. I have paid 17,880 as a deposit. Within 35 days they will install the system and require me to pay another 17,880. Thereafter i am expected to be paying 11,170 monthly for 12 months. I require the loan to pay the 17,880 and to buy fodder for my two dairy animals. I am also intending to buy one heifer to increase my dairy cows to 3.

Loan Proposal

I currently have a Zero grazing unit where I rear two hybrid Cows. Each cow produce Ten and Fifteen Litres per day .Recently I received professional extension service from the nearest ministry of Agriculture Officers. They recommended the redesigning of the unit so as to provide enough space for the cows .e.g. better feeding and watering troughs. In addition they found out that the feeding of the cows needed to be improved, this is by providing good balanced rations.
. The breakdown is as follows,
1.Cement -105 $
2.Riversand-95$
3.Labour-55$
4.Feeds-165$

Total =420USD

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$419.00

Date disbursed

Mar 1, 2017

Repayment status

On Time

Projected term

5 months

Lenders

macmartin

Berlin, Germany, Germany

MarktheMormon

Sandy, Utah, United States

KM

British Columbia, Canada, Canada

W

willemsenphilippe

Edegem, Belgium

T

tophini

Alma, United States

Paul Buchheit

Mountain View, United States

J

Joggele

Austria, Austria

moursund

Beaver Nation, United States

V

Vivek

Arlington, VA, United States

PG

Paul Graham

United States

roark22

Geneva, Switzerland

Ed

Howells, United States

A

Anonymous

United States

JM

Joris Moen

Eindhoven, Netherlands

A

As

United States

Emily

San Francisco, United States

JH

Joseph Hwang

Houston, United States

Paul Buchheit

Mountain View, United States

S

Sarah

Arlington, United States

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Summary

Amount repaid

$418.72

Amount remaining

$0.00

Date repaid

Jul 30, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Mar 11, 2017 $19.67 Mar 11, 2017 $19.67
Mar 18, 2017 $19.67 Mar 18, 2017 $19.67
Mar 25, 2017 $19.67 Mar 26, 2017 $19.67
Apr 1, 2017 $19.67 Apr 1, 2017 $19.67
Apr 8, 2017 $19.67 Apr 9, 2017 $19.67
Apr 15, 2017 $19.67 Apr 15, 2017 $19.67
Apr 22, 2017 $19.67 Apr 22, 2017 $19.67
Apr 29, 2017 $19.67 Apr 30, 2017 $19.67
May 6, 2017 $19.67 May 6, 2017 $19.67
May 13, 2017 $19.67 May 13, 2017 $19.67
May 20, 2017 $19.67 May 20, 2017 $19.67
May 27, 2017 $19.67 May 27, 2017 $19.67
Jun 3, 2017 $19.67 Jun 3, 2017 $19.67
Jun 10, 2017 $19.67 Jun 10, 2017 $19.67
Jun 17, 2017 $19.67 Jun 17, 2017 $19.67
Jun 24, 2017 $19.67 Jun 25, 2017 $19.67
Jul 1, 2017 $19.67 Jul 1, 2017 $19.67
Jul 8, 2017 $19.67 Jul 8, 2017 $19.67
Jul 15, 2017 $19.67 Jul 15, 2017 $19.67
Jul 22, 2017 $19.67 Jul 22, 2017 $19.67
Jul 29, 2017 $19.67 Jul 30, 2017 $19.67
Aug 5, 2017 $5.64 Jul 30, 2017 $5.64

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