Entrepreneur
Name
Njuguna
Member since
December 2012
On-time repayments
157 installments • 100%
About Me
I live in Kiptangwany, Elementaita sub-location, Miti mingi location, Elementaita division of Gilgil district in Nakuru county. My family and I shifted to this area from Kiambu in 1990. We have five children aged between 31 and 39 years. We have all gone beyond high school and we are computer literate. I took up farming as an income generating activity. We grow crops and rear livestock. The income realized caters for domestic expenditure and school fees. The income mainly comes from surplus crop produce and surplus milk.The area is semi arid and rainfall reliability is low. Hence,food production is marginal. The only viable farming is livestock breeding and rearing. Greenhouse farming is now the in thing, though it requires a substantial amount as initial capital. I usually sell my livestock to other farmers and local butchers.I invest any surplus cash in stocks for a rainy day after ploughing back some money in the farm and livestock. I belong to a dairy farmers group where we meet and educate one another on livestock management. We normally invite guest speakers to talk to us on technical issues
My Business
I buy young cattle and rear them until they are old enough to be sold to butchers and other farmers. There is demand for meat and butchers are always looking for animals to slaughter. My animals are well fattened before they are sold and butchers are always ready to settle for a price favorable to each of us.The heifers I put up for sale are attractive and appealing to farmers.
I want to diversify to commercial milk production and therefore I intend to buy good milk producing breeds.In this are, unlike in the past, milk has a ready market. Brookside dairies are collecting milk from our area. Before this a lot of milk was going to waste due to lack of market. I am sure I can sell all the milk produced.
I intend to put up a zero-grazing unit so as to manage the animals properly. I also intend to build a bio-gas digester to produce fuel for the family and cut down on costs. I will then re-invest the money I get to expand on livestock rearing and breeding. This will necessitate employment of more farm hands. I also intend to grow grass four hay to feed my animals and sell the surplus to other farmers.
Loan Proposal
I intend to start a poultry project and start off with 500 day old improved kienyeji chicks. I have constructed a poultry house that can accomodate the said chicks. The loan will be used to buy the chicks, feeds and drugs. Once the hens start laying, the project will be self sustaining.
Feedback
Positive
5
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$1,038.00
Date disbursed
Feb 26, 2019
Repayment status
On Time
Projected term
12 months
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Luxembourg, Luxembourg
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Summary
Amount repaid
$1,038.26
Amount remaining
$0.00
Date repaid
Feb 6, 2020
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 11, 2019 | $20.20 | Mar 11, 2019 | $20.20 |
| Mar 18, 2019 | $20.20 | Mar 11, 2019 | $20.20 |
| Mar 25, 2019 | $20.20 | Mar 11, 2019 | $20.20 |
| Apr 1, 2019 | $20.20 | Apr 2, 2019 | $20.20 |
| Apr 8, 2019 | $20.20 | Apr 2, 2019 | $20.20 |
| Apr 15, 2019 | $20.20 | Apr 20, 2019 | $20.20 |
| Apr 22, 2019 | $20.20 | Apr 20, 2019 | $20.20 |
| Apr 29, 2019 | $20.20 | May 1, 2019 | $20.20 |
| May 6, 2019 | $20.20 | May 1, 2019 | $20.20 |
| May 13, 2019 | $20.20 | May 14, 2019 | $20.20 |
| May 20, 2019 | $20.20 | May 14, 2019 | $20.20 |
| May 27, 2019 | $20.20 | May 29, 2019 | $20.20 |
| Jun 3, 2019 | $20.20 | May 29, 2019 | $20.20 |
| Jun 10, 2019 | $20.20 | Jun 12, 2019 | $20.20 |
| Jun 17, 2019 | $20.20 | Jun 12, 2019 | $20.20 |
| Jun 24, 2019 | $20.20 | Jun 27, 2019 | $20.20 |
| Jul 1, 2019 | $20.20 | Jun 27, 2019 | $20.20 |
| Jul 8, 2019 | $20.20 | Jun 27, 2019 | $20.20 |
| Jul 15, 2019 | $20.20 | Jul 17, 2019 | $20.20 |
| Jul 22, 2019 | $20.20 | Jul 17, 2019 | $20.20 |
| Jul 29, 2019 | $20.20 | Jul 17, 2019 | $20.20 |
| Aug 5, 2019 | $20.20 | Aug 8, 2019 | $20.20 |
| Aug 12, 2019 | $20.20 | Aug 12, 2019 | $20.20 |
| Aug 19, 2019 | $20.20 | Aug 12, 2019 | $20.20 |
| Aug 26, 2019 | $20.20 | Aug 26, 2019 | $20.20 |
| Sep 2, 2019 | $20.20 | Aug 26, 2019 | $20.20 |
| Sep 9, 2019 | $20.20 | Aug 26, 2019 | $20.20 |
| Sep 16, 2019 | $20.20 | Sep 18, 2019 | $20.20 |
| Sep 23, 2019 | $20.20 | Sep 18, 2019 | $20.20 |
| Sep 30, 2019 | $20.20 | Sep 18, 2019 | $20.20 |
| Oct 7, 2019 | $20.20 | Sep 18, 2019 | $20.20 |
| Oct 14, 2019 | $20.20 | Oct 16, 2019 | $20.20 |
| Oct 21, 2019 | $20.20 | Oct 16, 2019 | $20.20 |
| Oct 28, 2019 | $20.20 | Oct 16, 2019 | $20.20 |
| Nov 4, 2019 | $20.20 | Oct 16, 2019 | $20.20 |
| Nov 11, 2019 | $20.20 | Nov 13, 2019 | $20.20 |
| Nov 18, 2019 | $20.20 | Nov 13, 2019 | $20.20 |
| Nov 25, 2019 | $20.20 | Nov 13, 2019 | $20.20 |
| Dec 2, 2019 | $20.20 | Nov 13, 2019 | $20.20 |
| Dec 9, 2019 | $20.20 | Dec 12, 2019 | $20.20 |
| Dec 16, 2019 | $20.20 | Dec 12, 2019 | $20.20 |
| Dec 23, 2019 | $20.20 | Dec 14, 2019 | $20.20 |
| Dec 30, 2019 | $20.20 | Dec 14, 2019 | $20.20 |
| Jan 6, 2020 | $20.20 | Jan 8, 2020 | $20.20 |
| Jan 13, 2020 | $20.20 | Jan 8, 2020 | $20.20 |
| Jan 20, 2020 | $20.20 | Jan 17, 2020 | $20.20 |
| Jan 27, 2020 | $20.20 | Jan 17, 2020 | $20.20 |
| Feb 3, 2020 | $20.20 | Feb 6, 2020 | $20.20 |
| Feb 10, 2020 | $20.20 | Feb 6, 2020 | $20.20 |
| Feb 17, 2020 | $20.20 | Feb 6, 2020 | $20.20 |
| Feb 24, 2020 | $20.20 | Feb 6, 2020 | $20.20 |
| Mar 2, 2020 | $8.00 | Feb 6, 2020 | $8.00 |
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