An upcoming commercial agribusinesses entrepreneur with a passion for the less fortunate in the society.
having registered Lowell investments limited.with a vision of being one of the most sustainable agribusiness in Africa. its mission is to empower and eradicate poverty in the rural areas
Having being brought up in a poor family ,where we struggled to get to school or even a meal in a day.i feel for the vulnerable in the society especially the children and mothers.. hence the project to assist in employment and health.
The last Loan i took improved food production for the cow through use of Hydroponic Feeding.
It increased the level of milk from 4 litres to 6 litres per day which led to the increase of sales hence faster loan repayment.
Covid pandemic came with so many challenges with money disposal in peoples pockets was less.
The cost of raw materials also shoot and cost of labor too hence sales volumes decreased and repayment levels also went down
We thank God the Economy has started picking and now sales are picking up
We produced clean hygienic milk that every member of the society would literally compete for the 6 litres
We as a family the milk improved our diet hence good health to the family
The Next loan i still need to scale up on production of feeds/forage and silage.
Drought is very key challenge hence more food production is required to cater for the dry spell
plus Covid Effects still being felt
Summary on How cash/loan will be used
Repairs of Hydroponic stalls-$50
Buying of barley/wheat/sorghum seeds -$200
Buying of Chemicals- $ 50
Labour-$ 50
Miscellaneous Expenses-$20
Veterinary cost $ 50
Dairy Equipments-$50
Minerals/supplements-$50
Dairy Meal-$-120
My dream is to bring modern dairy farming to the community where most families still rely on subsistence farming.With the help of my previous Zidisha Loan ,I was able to buy raw maetrials and improve temporary zero grazing unit and introduce better feeding systems and pay labor .Today i see the difference every morning when fresh milk leaves the farm for families,schools and local shops for more income
As i take the next step and loan target of Kes 100,000 (USD 770) i will add more heifer strengthen our zero grazing unit and expand fodder production.This will increase milk yields,create steady income and allow me to employ more local youth..(GEN Z'S)
Financial Breakdown
Weekly Sales Revenue (before expenses) Kes 24 000 $ 185
Weekly Profit (After Expenses) Kes 4950 $ 38
Expected Loan Amount Kes 100,000 $ 770
weekly repayment Kes 2000 $ 15