Livestock supplements for my agrovet shop

Maxwell

Kigumo Town, Kenya

100% repaid

Entrepreneur

Name

Maxwell

Member since

July 2014

On-time repayments

231 installments  •  57%

About Me

I am the second born in a family of eight. My parents are peasant farmers who by feeding us with a meal is luck because it is hard to get one. I have undergone my O levels and college education where it was so difficult for me to be in school throughout. I had to work for four days in a week to raise my education fee and go to class the rest week days. It reached somewhere that I couldn't be able to go to class again and became a street boy for sometime. In my family i am the breadwinner hence i must work extra harder to meet my families and my needs.
I successfully opened a small kiosks way back in 2010. I used to sell animal feeds only but since i joined Zidisha i have been dealing with animal feeds and mineral licks.

My Business

My business has got a title by name Stop-over Agrovet. It is situated in Kigumo town Kiambu County, in Kenya. In my business I have employed one person whom we work with I buy several bags of animal feeds and sell them by either the whole bag or by measuring it into kilograms. In our area daily farming is our economic activity hence making the product to move at a high speed. I buy 10 bags of animal feeds in a week at a cost of 25,000/= and sell them in the same week at a cost of 30,000/= making a profit of 5,000/= a week and in month time pocketing 30,000/= profit. I also sell mineral licks in my business.
If i expound on this figures i am capable of making good profit annually. Am now focused on expanding my business on higher heights and open up other related business branches in my neighbouring village. I also would like to introduce dairy related products and make my business a dairy farming hub for all farmers. Since I joined zidisha, I have grown economically because from the loans I had previously applied from zidisha have helped restock my business. I will be glad if Zidisha Microlending Movement will consider my proposal and fund my business.

Loan Proposal

Hi lenders, if you fund my business, i will boost my business by adding mineral supplement and also purchase protein supplement. In our area dairy farming is our economic activity therefore farmers supplement their animals with both mineral and protein supplement in order to to sustain the productivity of their animals. It is for this reason i saw that there is a gap in the market for the sale of supplements.
I will purchase cotton seed cake which is the most nutritious plant supplement, sunflower seed cake, soya and fish meal. I will also purchase mineral supplement: calcium and phosphorous because their are most vital and self selling.
cotton seed cake costs ksh3,500
sunflower seed cake costs ksh3000
soya meal costs ksh3500
fish meal costs ksh2500
calcium and phosphorous ksh3500.
If zidisha lenders lend me ksh15955, i will be able to put a new phase in my business and also help me be a better business person. I hope you will fund my business, thanks.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$159.00

Date disbursed

Jan 30, 2016

Repayment status

On Time

Projected term

31 months

Lenders

Jacob Hedegaard

Risskov, Denmark

V

Valis

Singapore, Singapore

Paul Buchheit

Mountain View, United States

rjb

Phnom Penh, Cambodia, United Kingdom

Craig

Memphis, TN, United States

Lou Kaucic

Sanbornton, NH, United States

wissam

Jeddah, Saudi Arabia

Anonymous

Ocoee, United States

M

Maya

United States

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