Farming equipment

Linus

Kapsabet - Kapng'etuny Vi, Kenya

100% repaid

Entrepreneur

Name

Linus

Member since

May 2014

On-time repayments

59 installments  •  59%

About Me

My name is Linus Melly aged 34 years old married with one kid. I live in Kapang'etuny village in Kapsabet Division within Nandi County. I work with Kenya Police Service at the rank of constable under Tourist Police Unit where i am currently based in Mombasa. I did my primary and secondary school certificates in Tegat Primary and Kamobo Secondary respectively. I later joined Kenya Police College in Kiganjo. I started dairy farming business so that i can be able to meet basic needs to my family and as well pay for my degree course. The proceeds i get from my project goes to animal feeds and paying my two employees while the rest caters for my daughters school fees. I love reading and making good new friends whom we can share progressive ideas in our lives.

My Business

My project is growing steadily. I have seven cows which i rear in a small family land. I plan to set aside certain amount of money from my salary that i will always use to repay my Zidisha loan.In the mean time, the product (milk) from my dairy is sold to the local community since the quantity produced is small.The demand for milk in my location is high which has prompted intermediaries (brokers) to go round collecting milk from different houses and taking them to Kenya Creameries Corporation (KCC). The only challenge that faces my project is change in weather (dry season) and out-break of cattle diseases. An increase of number of livestock requires that I purchase a machine for cutting nappier grass.

Loan Proposal

Want to buy more cows and to buy spraying machines that will enable me carter for my existing dairy cows. I will also buy artificial semination sperm to implant in my cows for more productive milk.

Feedback

5

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Loan Info

Project Type

Classic Loan

Disbursed amount

$127.00

Date disbursed

Dec 4, 2018

Repayment status

On Time

Projected term

4 weeks

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$127.56

Amount remaining

$0.00

Date repaid

Jan 11, 2019

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Dec 15, 2018 $31.90 Dec 28, 2018 $31.90
Dec 22, 2018 $31.90 Dec 28, 2018 $31.90
Dec 29, 2018 $31.90 Dec 28, 2018 $15.04
Jan 11, 2019 $16.86
Jan 5, 2019 $31.87 Jan 11, 2019 $31.87

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