Hi lenders am very greatful to have this chance o apply fof my second loan.with this loan, am planning to buy a good dai...

Michael

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Michael

Member since

March 2013

On-time repayments

71 installments  •  65%

About Me

My name is michael Mambo and a resident of Nakuru.having been brought up in church and my father being a pastor in our local church this gave me an opportunity of knowing God and after completing my secondary school l enrolled in bible school and now l do pastor in cathedral of healing and faith ministry.l also practice farming in my home area and mostly do goat keeping for milk that l sell in the nearby market and mostly to people affected with HIV.The earnings from the farming business enables me to support my family and help the needy in the society.

My Business

The farming business is very viable in this area because there is lot of demand for food due to the many residents of Nakuru town.l started goat keeping after being informed of its usefulness.l have twenty milking goats that produce like forty lit res of milk daily.mostly due to its nutritional value l sell to HIV affected people as its has proved to boost the immune system of HIV affected at ks100 per litre.The business is good since there is no competition as most farmers prefer dairy farming.l normally get like ks 40,000 after deducting the expenses.if advanced the loan l will be able to add more goats hence milk.

Loan Proposal

hallow lenders its great to me to have this chance. am now very ready to move forward with this wonderful platform.the first loan has been so fruitful to me, since the chickens are doing so good. i got a very great profit with that loan. am now planning to buy a good and productive dairy cow which will help my family with milk.my little children will benefit with milk. since they usually eats eggs produced by our chickens, i want now to feed them with milk which i will get from the cow. i hope their health will be good enough.i will also sell the milk to our local brook side company which buys milk in bulks.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$291.00

Date disbursed

Feb 6, 2014

Repayment status

On Time

Projected term

14 months

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Matching Fund

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