Dickson
Bungoma Netima Village, Kenya
100% repaid
Name
Dickson
Member since
August 2015
On-time repayments
292 installments • 75%
An upcoming commercial agribusinesses entrepreneur with a passion for the less fortunate in the society.
having registered Lowell investments limited.with a vision of being one of the most sustainable agribusiness in Africa. its mission is to empower and eradicate poverty in the rural areas
Having being brought up in a poor family ,where we struggled to get to school or even a meal in a day.i feel for the vulnerable in the society especially the children and mothers.. hence the project to assist in employment and health.
The last Loan i took improved food production for the cow through use of Hydroponic Feeding.
It increased the level of milk from 4 litres to 6 litres per day which led to the increase of sales hence faster loan repayment.
Covid pandemic came with so many challenges with money disposal in peoples pockets was less.
The cost of raw materials also shoot and cost of labor too hence sales volumes decreased and repayment levels also went down
We thank God the Economy has started picking and now sales are picking up
We produced clean hygienic milk that every member of the society would literally compete for the 6 litres
We as a family the milk improved our diet hence good health to the family
The Next loan i still need to scale up on production of feeds/forage and silage.
Drought is very key challenge hence more food production is required to cater for the dry spell
plus Covid Effects still being felt
Summary on How cash/loan will be used
Repairs of Hydroponic stalls-$50
Buying of barley/wheat/sorghum seeds -$200
Buying of Chemicals- $ 50
Labour-$ 50
Miscellaneous Expenses-$20
Veterinary cost $ 50
Dairy Equipments-$50
Minerals/supplements-$50
Dairy Meal-$-120
To buy dairy feeds and practice hydroponics feeding
1.dairy meal -$25
2.concentrates/Minerals-$30
3.Hay-$200
4,vet costs$30
6. Buy barley/wheat seeds for hydroponic -$40
This will increase production of milk hence increase of sales and increase of generated revenue and ourselves as a family and community shall be of good health and help in the immunity against any diseases
We will also take advantage of the government Incentive on tax relief on Food for animals
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$295.00
Date disbursed
Jul 3, 2018
Repayment status
On Time
Projected term
13 months
Other loans
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Amount repaid
$295.67
Amount remaining
$0.00
Date repaid
Jun 15, 2019
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jul 15, 2018 | $2.96 | Jul 11, 2018 | $2.96 |
Jul 22, 2018 | $0.50 | Jul 13, 2018 | $0.50 |
Jul 29, 2018 | $0.50 | Jul 13, 2018 | $0.50 |
Aug 5, 2018 | $0.50 | Aug 5, 2018 | $0.50 |
Aug 12, 2018 | $0.50 | Aug 5, 2018 | $0.50 |
Aug 19, 2018 | $0.50 | Aug 5, 2018 | $0.50 |
Aug 26, 2018 | $0.49 | Aug 30, 2018 | $0.49 |
Sep 2, 2018 | $0.49 | Aug 30, 2018 | $0.49 |
Sep 9, 2018 | $0.49 | Aug 30, 2018 | $0.49 |
Sep 16, 2018 | $0.49 | Aug 30, 2018 | $0.49 |
Sep 23, 2018 | $0.49 | Aug 30, 2018 | $0.49 |
Sep 30, 2018 | $2.46 | Aug 30, 2018 | $2.46 |
Oct 7, 2018 | $0.99 | Oct 9, 2018 | $0.99 |
Oct 14, 2018 | $0.99 | Oct 9, 2018 | $0.99 |
Oct 21, 2018 | $0.99 | Oct 9, 2018 | $0.99 |
Oct 28, 2018 | $0.99 | Oct 9, 2018 | $0.99 |
Nov 4, 2018 | $0.99 | Oct 9, 2018 | $0.99 |
Nov 11, 2018 | $0.99 | Oct 9, 2018 | $0.99 |
Nov 18, 2018 | $0.99 | Oct 9, 2018 | $0.99 |
Nov 25, 2018 | $0.99 | Oct 9, 2018 | $0.99 |
Dec 2, 2018 | $0.99 | Oct 9, 2018 | $0.99 |
Dec 9, 2018 | $0.99 | Oct 9, 2018 | $0.99 |
Dec 16, 2018 | $0.99 | Nov 10, 2018 | $0.99 |
Dec 23, 2018 | $0.99 | Dec 21, 2018 | $0.99 |
Dec 30, 2018 | $0.99 | Dec 21, 2018 | $0.99 |
Jan 6, 2019 | $0.99 | Dec 21, 2018 | $0.99 |
Jan 13, 2019 | $0.99 | Dec 21, 2018 | $0.99 |
Jan 20, 2019 | $0.99 | Dec 21, 2018 | $0.99 |
Jan 27, 2019 | $0.99 | Dec 21, 2018 | $0.99 |
Feb 3, 2019 | $0.99 | Dec 21, 2018 | $0.99 |
Feb 10, 2019 | $0.99 | Dec 21, 2018 | $0.99 |
Feb 17, 2019 | $0.99 | Dec 21, 2018 | $0.99 |
Feb 24, 2019 | $0.99 | Dec 21, 2018 | $0.99 |
Mar 3, 2019 | $0.99 | Mar 2, 2019 | $0.99 |
Mar 10, 2019 | $0.99 | Mar 2, 2019 | $0.99 |
Mar 17, 2019 | $0.99 | Mar 2, 2019 | $0.99 |
Mar 24, 2019 | $0.99 | Mar 2, 2019 | $0.99 |
Mar 31, 2019 | $0.99 | Mar 2, 2019 | $0.99 |
Apr 7, 2019 | $0.99 | Apr 1, 2019 | $0.99 |
Apr 14, 2019 | $0.99 | Apr 1, 2019 | $0.99 |
Apr 21, 2019 | $0.99 | Apr 1, 2019 | $0.99 |
Apr 28, 2019 | $0.99 | Apr 1, 2019 | $0.99 |
May 5, 2019 | $0.99 | Apr 1, 2019 | $0.99 |
May 12, 2019 | $0.49 | May 10, 2019 | $0.49 |
May 19, 2019 | $0.49 | May 10, 2019 | $0.49 |
May 26, 2019 | $0.49 | May 10, 2019 | $0.49 |
Jun 2, 2019 | $0.49 | May 10, 2019 | $0.49 |
Jun 9, 2019 | $0.49 | May 10, 2019 | $0.49 |
Jun 16, 2019 | $33.01 | May 10, 2019 | $1.48 |
Jun 15, 2019 | $31.53 | ||
Jun 23, 2019 | $33.01 | Jun 15, 2019 | $33.01 |
Jun 30, 2019 | $33.01 | Jun 15, 2019 | $33.01 |
Jul 7, 2019 | $33.01 | Jun 15, 2019 | $33.01 |
Jul 14, 2019 | $33.01 | Jun 15, 2019 | $33.01 |
Jul 21, 2019 | $33.01 | Jun 15, 2019 | $33.01 |
Jul 28, 2019 | $33.01 | Jun 15, 2019 | $33.01 |
Aug 4, 2019 | $21.18 | Jun 15, 2019 | $21.18 |
mabo Apr 28, 2018
Dickson Apr 28, 2018
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