I am a 38 years old married man with two daughters; the elder one being 10years and the younger one four years old. I work in Sales . I am also a committed Christian and Church elder.

I have a Bachelor of Commerce degree, which equips me with entrepreneurial skills.

I wish to get a loan to improve my livestock farming, i.e. to buy dairy goats to add onto my flock. I started a livestock farming project in Embu about a year ago, currently with five ordinary/non-dairy goats, and ten chicken. In the long term, I also hope to diversify my dairy farming to include dairy cattle, and farther in future extend to a milk processing plant, commercial biogas, and marketing of the same.

Dairy goat milk is in high demand in Kenya, with a litre retailing at $ 3. This would earn me $ 9 per day, since the goat produces approx. 3 litres per day, which would translate to $ 270 per month. I hope to gradually establish a flock of dairy goats to eventually 20 goats, which will be earning me $ 5,400 per month.

My wife recently opened a kindergarten business, which I have been funding from my monthly salary. I also pay school fees for my two daughters, and support two orphaned nieces with their school fees and general upkeep, which leaves me a bit strained financially.

Your financing towards my loan application will go a long way in ensuring that I am financially stable, and able to support them more effectively.

I am employed in the sales department, which makes it easy for me to repay the loan on monthly instalments.

My intended business is dairy farming. I have began with dairy goat farming, planning to eventually expand to dairy cattle, and in the long term a milk processing plant, and commercial biogas.

Dairy goat milk is in high demand in Kenya, with a litre retailing at $ 3. This would earn me $ 9 per day, since the goat produces approx. 3 litres per day, which would translate to $ 270 per month. I hope to gradually establish a flock of dairy goats to eventually 20 goats, which will be earning me $ 5,400 per month.

Loan Proposal

I appreciate the previous loans which helped me start up my dairy goat farming business - Kindly look at the photos under the 'Comments' Section.

I wish to increase my flock with one more dairy goat at the price of $ 240.

My goats are currently producing 4 litres of milk every day, which is retailed in the neighbourhood at a price of $ 2.25 per litre, giving me approx. $ 270 a month.

Approx. $200 is spent to meet operating costs, including paying a farm assistant, and buying feeds and agro-chemicals.

Dairy goat milk is locally prescribed to patients suffering various conditions such as eczema; asthma; bloatedness; constipation; digestive discomfort and catarrh. You may also wish to learn more on the demand for dairy milk in the Embu region and the larger Mount Kenya region by clicking this link; http://www.the-star.co.ke/news/article-70481/goats-earn-farmers-sh20m-mt-kenya

I am therefore requesting for a $ 187 loan for the purchase of one more dairy goat whose price is $240 - From last month's revenue, I have been able to save $53, which I will add to the loan to meet the cost of purchasing the goat.

I appreciate every lender who has contributed to my previous loans.