Funded

Total loan: $1,725
Powered by 65 lenders

Erick

Kenya
litein, Kenya / Dairy

A loan of $1,725 helped to construct a dairy unit.


Erick's story

Erick, a progressive farmer from Litein, has been doing dairy farming for the last 10 years. He is particularly passionate about dairy farming. His main sources of income are milk, eggs and other personal businesses.

Like any serious dairy farmer, Erick takes animal health very seriously. He drenches drugs to his dairy animals from time to time - an activity he really enjoys! However, he says the major challenge to dairy farmers in his area is lack of quality breeds of animals. Erick is seeking a loan to purchase a good quality dairy cow. This cow produces more than 20 litres of milk daily. Milk sold from this cow will provide Erick with a significant amount of income on a daily basis and enough to clear loan repayments on time.

Erick has a clear business plan. Juhudi Kilimo, smallholder farmers’ microfinance, has been very encouraging and supportive to such progressive farmers. We want his farm to be an example to other farmers who have potential but are constrained by funds. Erick says the extra income he will generate will enable him to save enough money to buy a pedigreed dairy cow.



Loan details

Loan length:

23 months
Repayment schedule: Irregularly
Disbursed date: June 3, 2014

Lenders and lending teams



Loan details

Loan length:

23 months
Repayment schedule: Irregularly
Disbursed date: June 3, 2014