Name
Samson
Member since
May 2017
On-time repayments
87 installments • 59%
Am a dairy farmer as well as employed. Am 32 years old married with one child and am graduate. I am currently modernizing my farm to make it more profitable. I am from a noble village where mostly dairy farming is normally practised for substance purpose with low production hence I want to change the society by practicing zero grazing to as an example of how dairy farming can generate income. The project will require more money to be invested.
I am currently rearing Four dairy cows. Currently milking Two producing an average of 15 litres per day selling at ksh35. amounting to gross amount of 7,350 weekly and selling manure of 2 turns at 3000 weekly totaling to 10350 gross weekly, while the other two cows are 2 months to calving.
I am also employed earning a net amount of Ksh25,000 per month.
Am planning to change the cows to more yielding breads that will produce between 20 to 30 per cow. The project will therefore yield twice the amount.
Milk market in Kenya is large while land is available for planting folder.
Major cost involves feeds and labour.
Am currently using all the profits generated to expand, modernise and employing new technologies to cut cost.
I will purchase 1 roll of polythene bay at cost of Kshs8,000, buy 60 litres of molasses at Kshs2000 pay transport at Kshs2000 and pay labour via my savings.
The project will benefit me by reducing the feed cost as we are heading to wards dry season when the cost of feeds doubles. It will also improve the health of my cows and increase productivity since during the dry season milk is scarce and demand is high subsequently high prices.
The project will also create opportunities to others as I will hire the to assist in harvesting the maize and preservation process. I will also hire local transport via donkey hence still raising more job opportunities.
Positive
None
Neutral
None
Negative
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Project Type
Classic Loan
Disbursed amount
$109.00
Date disbursed
Dec 17, 2017
Repayment status
On Time
Projected term
8 weeks
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