Dairy farming enterprises and animals feeds
William
Kisor Village, Kenya
100% repaid
Entrepreneur
Name
William
Member since
August 2016
On-time repayments
89 installments • 15%
About Me
My names are William Kiplangat Maiyo fourth born in a family of 5.
Went to school like any other child though with a lot challenges of fees and even Uniform.
My father died when I was still young and we were raised by our mother single handedly until we were of aged.
My Business
My business is in dairy or livestock industry and I have three dairy cows which produced milk at an average of 10 liters each on a daily basis ,which translates to about 30 liters daily which gives me a total of shillings 1200 per day sold at 40/= per liter.
The business gives us 3600 per month which if I feed this cows well they will produce more milk and thus more profit.
Loan Proposal
THE LOAN WILL BE USED TO MAINTAIN MY DAIRY COWS AND PRODUCE MORE MILK THAT WILL INCREASE MY PROFITS TO EVEN UP TO KS 70000/ PER MONTH AND THESE WILL ALSO IMPROVE THE LIVES OF MY NEIGHBORS THROUGH SELLING THE MILK PRODUCTS TO THEM AT A CHEAPER PRICE.
THE MILK PRODUCTION WILL INCREASE TO 16 LITRES PER COW AND THUS WILL BRING IN A TOTAL OF KS 50*16*4= 3200*30=96000/ THIS AMOUNT WILL BE ENOUGH TO SERVICE THE LOAN AND PAY SCHOOL FEES FOR MY CHILDREN AND TO THE COMMUNITY AT LARGE. IN TOTAL I WILL BE GETTING $320 PER DAY AND $9600 PER MONTH.THE PRICE OF MILK WILL BE$ 0.5 AND$8 PER LITRE.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$34.00
Date disbursed
Nov 1, 2017
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
United States
United States
New York, Ny, United States
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
United Kingdom
Summary
Amount repaid
$33.42
Amount remaining
$0.00
Date repaid
Nov 7, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Nov 11, 2017 | $5.91 | Nov 7, 2017 | $5.91 |
| Nov 18, 2017 | $5.91 | Nov 7, 2017 | $5.91 |
| Nov 25, 2017 | $5.91 | Nov 7, 2017 | $5.91 |
| Dec 2, 2017 | $5.91 | Nov 7, 2017 | $5.91 |
| Dec 9, 2017 | $5.91 | Nov 7, 2017 | $5.91 |
| Dec 16, 2017 | $3.89 | Nov 7, 2017 | $3.89 |
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