Adding farm products

Mordecai Wambi

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Mordecai Wambi

Member since

February 2015

On-time repayments

127 installments  •  89%

About Me

My name is Mordecai Wambi , a Kenyan by birth born in 1979 in the upcountry in a village called Ngere. I did my primary education in my village and then later went to a nearby high school in the same village "village boy" after high school i proceeded with my education in Nairobi city and joined Kenya Polytechnic for my Diploma studies in IT. Majorly my life is structured in the IT industry. It is always said that life is what you make it."if you make it hard it becomes harder and if you make it easy it becomes easier"I came to start my business when my employer was auctioned and i was stranded from where to start from,that is when i decided to start my own business.And my children would like to be Engineers .

My Business

Its sometimes very interesting to talk about how it all started but through favours from God it all came to pass.i started my business like 7 years ago and named it Mudina Communication as a legal registered name in the town of Mombasa where i use to work as a computer Technician,throughout my life i love what i do so one by one if i got some money i could buy computer parts then i assemble them, i did this for almost 1 year till i got around 5 computers working,from there i decided to open up a small office where i could do some repairs put up a small cyber with the computers. To God's grace the place picked up and the business was doing well being that i was in the region where people love communication through chatting,massaging and sending mails.i find it easy to run a cyber because i am a computer technician and it has really helped to elevate my business all round. After some hard work after the day i always take my time to relax watching football or playing games. Remember too much of work without play can make one be dull.Generally i make around 1000 to 2000 kshs daily, I have one child of which i pay school fees and some other money i plough back into the business.I have also progressed and switched on to doing some farming of which i am doing right now,i keep different types of poultry e.g chicken,guinea fowl,geese,turkey and pigeon. All these products are in demand because i sell their eggs and meat which people can easily get from my place at affordable price and all this i use it to support my family in school fees,employ the less fortunate in the community and some money i invest back in the business.

Loan Proposal

Hi Lenders,i am planning to expand on my maize farming and poultry farm .The expansion of the farm will entail buying wire mesh,chicken wire,nails,board,iron sheets and some pieces of timber which is at a coast of $200.Buying of Chicken ,Turkey and goose will coast $ 250 and buying of feeds coast $ 150.I will also need to buy fertilizer,seeds and additional work force.After the expansion and increasing my stock i have a target in making a profit of around 50% if that is converted will be around $ 50 a month. This will help me add 1 or 2 labourers of which they will also benefit in one way or another to help their families. I have also managed to expand on my project from the last lending i got to start digging on some fish ponds which i hope will also help in increasing on my profit if it grows.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$482.86

Date disbursed

Nov 18, 2018

Repayment status

On Time

Projected term

8 weeks

Cost to entrepreneur

Service fee: $21.39

Credit risk payment: $128.34

Lenders

T

Tmann

Los Angeles, United States

W

WilsonLending

Atlanta, United States

cyrus0302

San Francisco, United States

AltruisticSelfishnes

Chicago, United States

daibhmac

Luton, United Kingdom

Tilius

Oslo, Norway

C

CanadianMom

Toronto, Canada

S

shuBVU

Kitakyushu, Japan

J

jonase

Boise, United States

AndreaBravi

London, UK, Canada

T

Tallago3

Munich, Germany

K

kathy207

South Portland, United States

R

rmacaw

Australia

C

codairem

Berkeley, United States

C

chasingtheskies

Palmdale, United States

C

cyrilleberger

Gammalkil, Sweden

Erica

Caledon, Canada

Cloudways

Malta, Malta

yosefchayim

Bournemouth, United Kingdom

T

the0bauman

Hillsboro, United States

S

Sammlung

Glendale, United States

Namaste250

Pittsford, United States

K

kjgeenszins

groningen, Netherlands

K

Kaz12

Winnipeg, Canada

ads68

Melbourne, Australia

Christopher

Copenhagen, Denmark

U

UmSaeed

Southfield, United States

Bhayl

Stavanger, Norway

P

Peksa

Espoo, Finland

Nhende

Portland, United States

M

mkellerman

Shanghai, China

nakamura

United States

G

Gwencalon

Garching b. Muenchen, Germany

camilberlin

Berlin, Germany

T

tbogz

Singapore, Singapore

S

Srirachapea

Minneapolis, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

D

DennisC

Boston, United States

Zal0m0n

Atlantis!!!! x), Mauritania

U

urtica

Moscow, United States

KeenanT

Turner, OR, United States

O

Ohio

Ohio, United States

Lambie

Perth, Australia

ibc123

Seattle, United States

xtrahardware

Cazenovia, United States

J

jlberqie

Wake Forest, United States

mikeice

Kohler, United States

TomF925

www.AfricaLeap.com, United States

sderickson

Berkeley, CA, United States

M

MirTemporal

Hyde Park, United States

T

thegreek1020

San Jose, United States

L

Lender59

United States

N

NOWfund

Tokyo, Japan

poorinvest

Sandefjord, Norway

bb4dogs

United States

B

bscent

Hong Kong

A

AnnaLou

Switzerland

Mikers

Netherlands

C

ColoradoSkier

Denver, United States

Mike and Jacqui

United Kingdom

S

Stephan

Netherlands

matt carroll

London, United Kingdom, United Kingdom

S

Sven

Netherlands

MW

Matt Willis

United States

S

SP

United States

K

K

United States

Lou Kaucic

Sanbornton, NH, United States

Tanner Schachtel

Victoria, Canada

T

thedan33

Czech Republic

John Prendiville

Portland, United States

RH

Rebecca Hahn

Halle, Germany

IV

Indira van Uyten

Neterlands Antilles

I

irshaad

South Africa

L

Lachlan

Australia

Carla

Amsterdam, Netherlands

P

Peter

Portugal

T

Tom

United States

R

rad

United States

R

Rhys

Australia

Stephan W

Witten, Germany

B

Berni

Germany

dave2319

United Kingdom

Joshi

United States

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