Name
William
Member since
August 2016
On-time repayments
89 installments • 15%
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 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.
THE LOAN WILL BE USED TO PURCHASE FEEDS SO AS TO INCREASE THE MILK PRODUCTION AND HENCE BOOST THE INCOME.
FEEDS COST - $150
LABOUR - $50
OTHER FEEDS - $60
TOTAL =$260
The loan will boost my family's income and I will be able to be of fundamental to the community at large, even though the amount looks small but at least it will boost our economy.
The herd man will also be happy to get his pay of wages.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$256.00
Date disbursed
Mar 17, 2017
Repayment status
On Time
Projected term
3 months
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