Goat Farming Initiative
Grace Wanjiku's Goat Farming Expansion for Sustainable Livelihoods
7/15/20242 min read
Grace Wanjiku's Goat Farming Expansion for Community and Economic Growth
Farmer Name: Grace Wanjiku
Location: Baringo County, Kenya
Years of Farming: 8 years
Type of Farming: Goat Farming
Land Size: 4 acres
Number of Goats: 370
Duration: 9 months
Funding Goal: KES 250,000
Project Overview:
Grace Wanjiku, an experienced goat farmer with 8 years of expertise, is seeking to expand her successful goat farming operation in Baringo County. With 370 goats on her 4-acre farm, Grace produces high-quality goat milk and meat, contributing to local food security and economic growth. This project aims to increase the herd size, improve farm infrastructure, and implement modern goat farming practices.
Impact:
Increased Goat Milk and Meat Production: Expansion will lead to higher yields, meeting growing local and regional demand.
Economic Empowerment: Increased income for Grace and her family, as well as job creation for local workers.
Community Development: Strengthening the local economy and improving livelihoods through sustainable farming practices.
Nutritional Benefits: Goat milk and meat provide a nutritious food source for the local community.
Why Invest: Investors will support a project that promotes sustainable agriculture, economic empowerment, and community development. The project offers a unique opportunity to invest in a low-risk, high-impact farming venture. Grace’s extensive experience and proven track record reduce the risk level for investors.
Funding Reached So Far: KES 100,000
Remaining Funding Needed: KES 150,000
Project Plan:
Phase 1 - Infrastructure Improvement (1 month): Upgrade existing goat pens and construct additional pens with proper ventilation and space.
Phase 2 - Goat Acquisition (2 months): Purchase high-quality breeding goats to increase herd size.
Phase 3 - Equipment Purchase (1 month): Acquire necessary equipment such as feeding troughs, water tanks, and milking machines.
Phase 4 - Training and Education (1 month): Provide advanced training for Grace and her team on modern goat farming techniques.
Phase 5 - Herd Management (3 months): Implement best practices in goat health and nutrition, regular monitoring, and veterinary care.
Phase 6 - Harvesting and Marketing (1 month): Harvest goat milk and meat, and prepare products for sale in local and regional markets.
Phase 7 - Monitoring and Evaluation (Ongoing): Continuous monitoring, reporting, and assessment of the project's impact.
Investment and Returns: Investors can expect a return on investment (ROI) based on the amount they invest. The project offers a 7% interest rate over 12 months. Here are examples of potential returns for different investment amounts:
Investment: KES 10,000
Return after 12 months: KES 10,700Investment: KES 25,000
Return after 12 months: KES 26,750Investment: KES 50,000
Return after 12 months: KES 53,500Investment: KES 75,000
Return after 12 months: KES 80,250Investment: KES 100,000
Return after 12 months: KES 107,000Investment: KES 150,000
Return after 12 months: KES 160,500
Sustainability: The Goat Farming Initiative focuses on sustainable agricultural practices, promoting eco-friendly farming, efficient resource use, and ensuring animal welfare. Grace’s farm will serve as a model for sustainable agriculture, encouraging other farmers in the region to adopt similar practices.
Risk Level: The project is considered low-risk due to Grace Wanjiku’s extensive experience and the proven success of her existing goat farming operations. The primary risks include environmental factors such as weather conditions and potential disease outbreaks, which will be mitigated through proper training and regular monitoring.