Purchase cabbage seeds and poultry mesh for farm
Abel
Eldoret, Kenya
100% repaid
Entrepreneur
Name
Abel
Member since
March 2015
On-time repayments
220 installments • 28%
About Me
I was born in Uasin Gishu County of Rift Valley Province in the year 1989. Since my appearance in this world, the place I am has provided conducive and favorable climatic condition for living.
I attended a public primary school from 1996-2013, when I joined secondary school for a period of 4 years. After high school, things were not the way I was expecting. I registered at one of the colleges to study accounting, but due to inadequate fees I dropped out.
Since I was passionate about living a better life, I decided to start a farming business, since almost all the specific requirements were readily available, i.e. land and water.
My Business
Currently, I am practicing mixed farming, i.e. both agriculture and livestock.
For my poultry farming, I have 70 chicks, 50 layer and 30 broiler. I am collecting an average of 40-48 eggs per day that I supply to the nearby bakery. For my dairy farming, currently I have 2 Frisian cows: one is lactating and they both produce an average of 15-20 litres of milk a day that I supply to a local dairy cooperative society at a price per litre of 35, earning a sale of around ksh 500 a day.
I also have a vegetable garden where I plant different species. The garden is not doing well because of a lack of constant supply of water. This is the area of more concentration because I need to improve for better income. I chose mixed farming since I will be well dependable: if one is not doing well, the other will support me, hence consistent income.
My initial cost of capital I got from 1 acre of maize that I leased for 1 year from my father. I planted maize where I managed to get 26 of 90kgs of bags. I am reinvesting my profit, since I have already start contracting a zero-grazing unit. My vision is to be a large-scale dairy farmer.
Loan Proposal
To buy cabbage seeds, currently I have started a plan of planting 10,000 seedling of cabbages. I have already ploughed the land and done the fencing, everything is almost set up. By planting cabbage, I will be in a position to generate a lot of income after 3 months and also help the community get enough food. When I get income, I will reinvest in zero-grazing dairy farming: that has always been my dream.
So along with that, my poultry does not have enough feed, so I will buy layers mesh costing $34 so that the birds get enough feed for better production, hence increased income.
About Me
I was born in uasin gishu county of rift valley province in the year 1989,since from my appearance to this wold the place i am provide conducive and favorable climatic condition for living
,I attend a public primary school from 1996-2013,where i join secondary school for a period of 4 years.after high school things was not the way i was expecting .
i register in one of colleges to study accounting but due to inadequate fee i drop out.
since i was passionate of living a better life i decided to start farming business since all almost all specific requirements was ready available i.e land and water.
My Business
DAIRY FARMING,
In previous loan profile my vision was to be a large scale dairy farmer and that is exactly what i am doing know. Currently am keeping 4 daily cows Frisian under zero grazing unit.milk is the most needy item in hotels, home use and dairy cooperatives societies for making yogurt better an even human consumption,i choose dairy since I naturally like milk and is most profitable under small piece of land,the cost of production are food, labour and water which i get from savings i got from mixed farming i use to practiced.i reinvest almost all of my profits because my main vision is to be large-scale dairy farmer.and part of the profit also improve home
Loan Proposal
To buy cabbage seeds,currently i have start a plan of planting 10,000 seedling of cabbages already p lough land and do fencing everything is almost set up .by planting cabbage i will be in a position to generate a lot of income after 3 months and also help community get enough food,when i get income i will reinvest in zero grazing dairy farming that is always my dream
So along my poultry does not have enough feed so i will buy layers mesh of $34 so that those birds get enough feeds for better production hence increase income
Feedback
Positive
2
Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Apr 8, 2015
Repayment status
On Time
Projected term
4 months
Other loans
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UK, United Kingdom
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Summary
Amount repaid
$105.56
Amount remaining
$0.00
Date repaid
Aug 22, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Apr 19, 2015 | $6.59 | Apr 17, 2015 | $6.59 |
| Apr 26, 2015 | $0.00 | ||
| May 3, 2015 | $6.60 | Apr 25, 2015 | $6.60 |
| May 10, 2015 | $6.60 | May 8, 2015 | $6.60 |
| May 17, 2015 | $6.60 | May 16, 2015 | $6.60 |
| May 24, 2015 | $6.60 | May 23, 2015 | $6.60 |
| May 31, 2015 | $6.60 | May 31, 2015 | $6.60 |
| Jun 7, 2015 | $6.60 | Jun 5, 2015 | $6.60 |
| Jun 14, 2015 | $6.60 | Jun 13, 2015 | $6.60 |
| Jun 21, 2015 | $6.60 | Jun 20, 2015 | $6.60 |
| Jun 28, 2015 | $6.60 | Jun 27, 2015 | $6.60 |
| Jul 5, 2015 | $6.60 | Jul 5, 2015 | $6.60 |
| Jul 12, 2015 | $3.33 | Jul 27, 2015 | $3.33 |
| Jul 19, 2015 | $3.33 | Jul 27, 2015 | $3.33 |
| Jul 26, 2015 | $3.33 | Jul 27, 2015 | $3.33 |
| Aug 2, 2015 | $3.33 | Jul 31, 2015 | $3.33 |
| Aug 9, 2015 | $5.56 | Aug 8, 2015 | $5.56 |
| Aug 16, 2015 | $5.56 | Aug 16, 2015 | $5.56 |
| Aug 23, 2015 | $8.52 | Aug 22, 2015 | $8.52 |
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