For sheep

Cleophas

Nakuru, Kenya

67% repaid

Entrepreneur

Name

Cleophas

Member since

February 2016

On-time repayments

253 installments  •  75%

About Me

am cleophas kiprotich born and raise in kenya nandi county . i went to kaptilol primary where i pass and went to samoei boys high school after which i join university of Eldoret where i did A degree in business management. this is what i love to venture in and turn it into a reality has it had been my desire since my child hood. hardships are part of life and take them positive when never they arise. i started my business while still in university -a business whose main customers were schoolmates and they gave me an opportunity to apply my class knowledge to real life. the land i come from is that it is ever green and most people are farmers. i do not have children as per now but planing to have. i love football and that is where i spent my leisure time

My Business

Am in hotel industry . running a small hotel in nakuru town with the help of two employees . my main customers are the locals from the jua kali sector. i chose this line of business in order to take advantage of the unutilized opportunity in the sector, also my early experience in the industry motivated me . my monthly average cost is ksh. 70,000. which gives a revenue of ksh. 130,000 monthly on average. i use this profit for improvement and re-investment. am looking forward to your assistance to grow my business. I have recently engage my self with tea farming currently with 4500 tea bushes and they are doing well. I am planning to increase it to 10,000 tea bushes. Since my tea are doing well I have diversify my agriculture business to include livestock where I have started rearing sheep and I intent to increase the numbers .

Loan Proposal

I will purchase 5 sheep , each with a cost of ksh. 4000. This will greatly assist me to get manaure for my tea farm and also fatten them for a short period of time then I sell at the profit.

Income Source

Since I am currently engaging in farming my business is part of essential service which will still continue making profit since people have to consume agricultural produce.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$196.00

Date disbursed

Apr 11, 2020

Repayment status

Late

Projected term

12 months

Lenders

JimVandegriff

Trinidad, California, United States

IM

Isak Maaseide

Tromso, Norway, Norway

Jason

Auckland, New Zealand

Dan Brinkman

Lynden, WA, United States

Ren

Minneapolis/StPaul, United States

Deirdre

Yorkshire, United Kingdom

V

Vince

Wagga Wagga, Australia

Paul Buchheit

Mountain View, United States

Donald Major

United States

Jim Murray

United States

Yosef

United States

L

Leo

United States

C

Cole

United States

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