Livestock farming

Alex

Engeneer, Kenya

33% repaid

Entrepreneur

Name

Alex

Member since

September 2015

On-time repayments

181 installments  •  22%

About Me

About me
I am Alex Gitaka, Kenyan living in Kinangop, Nyandarua County. I am a second born in a family of eight (8). I completed my secondary education and did not join college due to lack of finances since my parents were unable to raise my college fees due to economic problems.
My parents live in a five acre piece of land which they depend on mainly crop and livestock farming, therefore, after my secondary education and other siblings behind me to raise to cater for their education, health and other basic needs, they were unable to take me to college hence I had to assist them in farming and support them raise other children behind me.
I am married with two children hence was given 3/4 acre piece of land to rely on which I utilized it in crop farming. But due to it being a small portion of land it did not help me much since it was most for domestic use.
After two years of struggle with crop farming my parents donated a heifer to raise and with time it grew up, matured and produced a calf and I started to engage in livestock farming mainly dairy farming which I started to sell milk, since the market is readily available on daily basis and prompt payment after sales every month.

My Business

My business is livestock farming of which I started four (4) years ago whereby I have two (2) dairy freshian cows and three calves. The two dairy cows are able to produce atleast 25 liters of milk or more daily through proper feeding, a total of 750 liters per month @ $0.45 a liter a total of $340 per month.
In our locality, dairy farming is a promising business since there is ready market and prompt payment on monthly basis.
The area has plenty amount of rainfall since its is in the highlands at the floor of Aberdare ranges next to Aberdare National park hence favorable climate for animal and vegetation growth.
I enjoy my livestock farming business since I spend about $150 a month on buying animal feeds, acaricides, deworming and labour and get about $340 per month a profit of atleast $200 per month.
I use 50% of my profit to educate and raise my children as well as supporting my other siblings and parents, 30% to maintain and improve my business and the rest which is 20% as my savings.

Loan Proposal

Thanks dear lenders for being there with the aim of upgrading entrepreneurs through micro-lending community globally to become prosperous in the business world. Therefore, I was introduced to Zidisha person-to-person Micro-lending community by Benson Kaniu, who is also part of the community
I hereby kindly request to join Zidisha which is the best to be part of the prospering business entrepreneurs. The loan given will assist to improve my business as follows;
$100 to lease 1 acre of land, to plant more animal feeds to ensure I have enough animal feed every time, $50 to buy commercial animal feeds required by dairy animals to increase their milk production and their health and $50 to improve my business in building proper structures for animals and labour.
I will be gland to join Zidisha Community to improve my business and prosper and thereafter become among the lenders in this person-to-person Zidisha Micro-lending Community.
Thanks in advance.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Sep 27, 2015

Repayment status

Late

Projected term

42 months

Lenders

Zidisha

Sterling, United States

C

CrazyCanuck

Nepean, Canada

M

marcelitohb

Bremen, Germany

ads68

Melbourne, Australia

mepster

San Francisco, Ca, United States

MW

Matt Willis

United States

BB

Ben Bellows

United States

PG

Paul Graham

United States

jo

Los Angeles, United States

J

Jelmer

Brussels, Belgium

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Summary

Amount repaid

$68.00

Amount remaining

$140.99

Expected completion

Mar 17, 2019

Status

Repaying late

Installment amount

$1.00

Repayment History

Expected Payments Actual Payments
Oct 4, 2015 $15.00 Oct 4, 2015 $15.00
Oct 11, 2015 $2.00 Oct 11, 2015 $2.00
Oct 18, 2015 $2.00 Oct 18, 2015 $2.00
Oct 25, 2015 $2.00 Oct 25, 2015 $2.00
Nov 1, 2015 $2.00 Nov 1, 2015 $2.00
Nov 8, 2015 $2.00 Nov 8, 2015 $2.00
Nov 15, 2015 $2.00 Nov 15, 2015 $2.00
Nov 22, 2015 $2.00 Nov 22, 2015 $2.00
Nov 29, 2015 $2.00 Nov 29, 2015 $2.00
Dec 6, 2015 $2.00 Dec 6, 2015 $2.00
Dec 13, 2015 $2.00 Dec 6, 2015 $2.00
Dec 20, 2015 $2.00 Dec 6, 2015 $2.00
Dec 27, 2015 $2.00 Dec 6, 2015 $2.00
Jan 3, 2016 $2.00 Dec 6, 2015 $2.00
Jan 10, 2016 $2.00 Dec 6, 2015 $2.00
Jan 17, 2016 $1.00 Jan 17, 2016 $1.00
Jan 24, 2016 $1.00 Jan 24, 2016 $1.00
Jan 31, 2016 $1.00 Jan 24, 2016 $1.00
Feb 7, 2016 $1.00 Jan 24, 2016 $1.00
Feb 14, 2016 $1.00 Jan 24, 2016 $1.00
Feb 21, 2016 $1.00 Feb 14, 2016 $1.00
Feb 28, 2016 $1.00 Feb 14, 2016 $1.00
Mar 6, 2016 $1.00 Mar 6, 2016 $1.00
Mar 13, 2016 $1.00 Mar 6, 2016 $1.00
Mar 20, 2016 $1.00 Mar 6, 2016 $1.00
Mar 27, 2016 $1.00 Mar 6, 2016 $1.00
Apr 3, 2016 $1.00 Mar 6, 2016 $1.00
Apr 10, 2016 $1.00 Mar 6, 2016 $1.00
Apr 17, 2016 $1.00 Apr 14, 2016 $1.00
Apr 24, 2016 $1.00 Apr 14, 2016 $1.00
May 1, 2016 $1.00 Apr 14, 2016 $1.00
May 8, 2016 $1.00 Apr 14, 2016 $1.00
May 15, 2016 $1.00 May 13, 2016 $1.00
May 22, 2016 $1.00 May 13, 2016 $1.00
May 29, 2016 $1.00 May 13, 2016 $1.00
Jun 5, 2016 $1.00 Jun 5, 2016 $1.00
Jun 12, 2016 $1.00 Jun 5, 2016 $1.00
Jun 19, 2016 $1.00 Jun 19, 2016 $1.00
Jun 26, 2016 $1.00 Jun 24, 2016 $1.00
Jul 3, 2016 $1.00 Jun 24, 2016 $1.00
Jul 10, 2016 $1.00
Jul 17, 2016 $1.00
Jul 24, 2016 $1.00
Jul 31, 2016 $1.00
Aug 7, 2016 $1.00
Aug 14, 2016 $1.00
Aug 21, 2016 $1.00
Aug 28, 2016 $1.00
Sep 4, 2016 $1.00
Sep 11, 2016 $1.00
Sep 18, 2016 $1.00
Sep 25, 2016 $1.00
Oct 2, 2016 $1.00
Oct 9, 2016 $1.00
Oct 16, 2016 $1.00
Oct 23, 2016 $1.00
Oct 30, 2016 $1.00
Nov 6, 2016 $1.00
Nov 13, 2016 $1.00
Nov 20, 2016 $1.00
Nov 27, 2016 $1.00
Dec 4, 2016 $1.00
Dec 11, 2016 $1.00
Dec 18, 2016 $1.00
Dec 25, 2016 $1.00
Jan 1, 2017 $1.00
Jan 8, 2017 $1.00
Jan 15, 2017 $1.00
Jan 22, 2017 $1.00
Jan 29, 2017 $1.00
Feb 5, 2017 $1.00
Feb 12, 2017 $1.00
Feb 19, 2017 $1.00
Feb 26, 2017 $1.00
Mar 5, 2017 $1.00
Mar 12, 2017 $1.00
Mar 19, 2017 $1.00
Mar 26, 2017 $1.00
Apr 2, 2017 $1.00
Apr 9, 2017 $1.00
Apr 16, 2017 $1.00
Apr 23, 2017 $1.00
Apr 30, 2017 $1.00
May 7, 2017 $1.00
May 14, 2017 $1.00
May 21, 2017 $1.00
May 28, 2017 $1.00
Jun 4, 2017 $1.00
Jun 11, 2017 $1.00
Jun 18, 2017 $1.00
Jun 25, 2017 $1.00
Jul 2, 2017 $1.00
Jul 9, 2017 $1.00
Jul 16, 2017 $1.00
Jul 23, 2017 $1.00
Jul 30, 2017 $1.00
Aug 6, 2017 $1.00
Aug 13, 2017 $1.00
Aug 20, 2017 $1.00
Aug 27, 2017 $1.00
Sep 3, 2017 $1.00
Sep 10, 2017 $1.00
Sep 17, 2017 $1.00
Sep 24, 2017 $1.00
Oct 1, 2017 $1.00
Oct 8, 2017 $1.00
Oct 15, 2017 $1.00
Oct 22, 2017 $1.00
Oct 29, 2017 $1.00
Nov 5, 2017 $1.00
Nov 12, 2017 $1.00
Nov 19, 2017 $1.00
Nov 26, 2017 $1.00
Dec 3, 2017 $1.00
Dec 10, 2017 $1.00
Dec 17, 2017 $1.00
Dec 24, 2017 $1.00
Dec 31, 2017 $1.00
Jan 7, 2018 $1.00
Jan 14, 2018 $1.00
Jan 21, 2018 $1.00
Jan 28, 2018 $1.00
Feb 4, 2018 $1.00
Feb 11, 2018 $1.00
Feb 18, 2018 $1.00
Feb 25, 2018 $1.00
Mar 4, 2018 $1.00
Mar 11, 2018 $1.00
Mar 18, 2018 $1.00
Mar 25, 2018 $1.00
Apr 1, 2018 $1.00
Apr 8, 2018 $1.00
Apr 15, 2018 $1.00
Apr 22, 2018 $1.00
Apr 29, 2018 $1.00
May 6, 2018 $1.00
May 13, 2018 $1.00
May 20, 2018 $1.00
May 27, 2018 $1.00
Jun 3, 2018 $1.00
Jun 10, 2018 $1.00
Jun 17, 2018 $1.00
Jun 24, 2018 $1.00
Jul 1, 2018 $1.00
Jul 8, 2018 $1.00
Jul 15, 2018 $1.00
Jul 22, 2018 $1.00
Jul 29, 2018 $1.00
Aug 5, 2018 $1.00
Aug 12, 2018 $1.00
Aug 19, 2018 $1.00
Aug 26, 2018 $1.00
Sep 2, 2018 $1.00
Sep 9, 2018 $1.00
Sep 16, 2018 $1.00
Sep 23, 2018 $1.00
Sep 30, 2018 $1.00
Oct 7, 2018 $1.00
Oct 14, 2018 $1.00
Oct 21, 2018 $1.00
Oct 28, 2018 $1.00
Nov 4, 2018 $1.00
Nov 11, 2018 $1.00
Nov 18, 2018 $1.00
Nov 25, 2018 $1.00
Dec 2, 2018 $1.00
Dec 9, 2018 $1.00
Dec 16, 2018 $1.00
Dec 23, 2018 $1.00
Dec 30, 2018 $1.00
Jan 6, 2019 $1.00
Jan 13, 2019 $1.00
Jan 20, 2019 $1.00
Jan 27, 2019 $1.00
Feb 3, 2019 $1.00
Feb 10, 2019 $1.00
Feb 17, 2019 $1.00
Feb 24, 2019 $1.00
Mar 3, 2019 $1.00
Mar 10, 2019 $1.00
Mar 17, 2019 $0.99

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