Name
David
Member since
April 2017
On-time repayments
211 installments • 82%
I am an animal scientist by profession and I have passion for commercial dairy farming. My parents were dairy farmers and that's how they managed to educate me. Consequently I developed passion for commercial dairy farming.
I currently have a dairy farm and I managed to start a dairy farm from my salary's savings. I need to hire 10 acres of land to plant fodder for the cows. This will enable me to grow and commercialize the farm.
I work with a vet pharmaceutical company and I expect to start earning from my dairy farm soon. I have several in calf heifers in the farm which will be lactating in a few months time.
I look forward to a establishing a successful dairy farm that will be a leader in milk production in my area in and impact the community positively through provision of jobs
I plan to buy a water tank to ensure enough water for my dairy enterprise at any given time.
I will use the loan to place a deposit for the purchase of the water tank. Subsequent loans will enable me pay for the water tank in installments.
There is a challenge with water availability in my home area and if given larger loans in the future after proving my creditworthiness, I hope to drill a borehole for provision of water to the community in my home area.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$5.00
Date disbursed
Apr 27, 2017
Repayment status
On Time
Projected term
6 weeks
Amount repaid
$4.97
Amount remaining
$0.00
Date repaid
May 3, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
May 6, 2017 | $0.99 | May 3, 2017 | $0.99 |
May 13, 2017 | $0.99 | May 3, 2017 | $0.99 |
May 20, 2017 | $0.99 | May 3, 2017 | $0.99 |
May 27, 2017 | $0.99 | May 3, 2017 | $0.99 |
Jun 3, 2017 | $0.99 | May 3, 2017 | $0.99 |
Jun 10, 2017 | $0.04 | May 3, 2017 | $0.04 |
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