Adventure in aquaculture

Lawrence

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Lawrence

Member since

July 2013

On-time repayments

258 installments  •  28%

About Me

I am the first born in the family of seven siblings, one of us passed on in the year of 2003. I was born and raised up in western part of Kenya namely vihiga county in the year 1966. I went to school at Givole Primary School between 1975 to 1982 and later attended my secondary level of education in the year of 1983 till 1986, I stayed at home for year being a farmer, then towards the end of that year, I came to the city of Nairobi where I joined The Dormans coffee company. I quit in 1992 and joined African heritage company to pursue my passion in fine art and painting, a trade that I did until 1997 before I was recalled back to Dormans coffee company.
At Dormans, I have had intensive training in quality control, logistics, pest controls and good international food handling standards. I am also privileged to head the department in our company which deals with giving back to the community, currently we over assistance to an orphanage school in Kibera called the little Rock ECD.
I am married to one wife called Lidia Ichech, blessed with two children namely Albright Vuyanzi and joel Ingavi, first being in class five, and Class three respectively.
Along working with Dormans Coffee company, I began my own project of rearing fish of which I have prepared one fish pond. And herein is where I need help from zidisha.

My Business

Acute shortage of fish supply in the country, and government has gone forward to encourage people to practice Aqua culture as a means of fighting poverty. I have done extensive research on this subject with the assistance of the government extension officers I have established a ready market.
The cost sinking one fish pond is $174, which I have already taken care of
Labor cost was $116 , which also I have taken care of
This particular pond has the capacity to hold 1000 fingerlings which costs $116
The cost for food is $58
A fully grown fish sales at $3 therefore at maturity, I expect to harvest between $3000
I hereby request zidisha to help me purchase the fingerlings and also buy food which will cost me $174
This project I have began at my rural home in vihiga county. I hope to inspire the locals to take up fish farming as a means of combating poverty at the success of the project.

Loan Proposal

I have done my second fish pond, I now need this cash to stock it with new fingerlings, and use the remaining amount to dig the Third and Fourth pond.
In the meantime , I'm looking forward to harvesting the Fish I did in the first pond which is due early December.
Thank you Zidisha family for the support, I want to go places with you.
Regards Lawrence Mademba

Feedback

2

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Loan Info

Project Type

Classic Loan

Disbursed amount

$291.00

Date disbursed

Oct 24, 2014

Repayment status

On Time

Projected term

4 months

Lenders

MindMuse

Talking Rock, United States

T

thebonseung

Republic of Korea

Mikers

Netherlands

T

TomTessitore

United States

C

Crainster

Chapel Hill, United States

Ask Lawrence a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Lawrence    Dec 3, 2019

    I`m still cruising on albeit at a slow pace, but fixed on completing payment of this loan.

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  • Lawrence    Nov 5, 2019

    Well, i have defaulted a thousand and one times, and some times as a typical African man, I get trapped in my ego to be posting excuses, but somehow I feel my resolve to carry on paying is high enough. I will say a big sorry the moment 24,00/= will be fully paid.

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  • Lawrence    Aug 2, 2019

    One day I will clear this loan, I know it has been long overdue, but believe you me, it will be done.

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  • Lawrence    May 18, 2019

    To confirm that I`m still committed to the repayment of this loan. God willing, I should be clearing the balances in the Month of June. Once again thank you in advance for baring with me.

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  • Lawrence    Feb 27, 2019

    I love Zidisha, and would not like to savor relationship, I`m surmounting little financial difficulties, that I`m soon getting over, and will clear this date

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  • Lawrence    Nov 27, 2018

    Hello guys, Sorry for taking forever to repay my loan amount. Just to keep hope a live and make known my commitment to completing this loan amount. Sooner than later I will return to weekly installment of 2500 KES or more. I will clear this amount.

    Regards Lawrence Mademba

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  • Lawrence    Feb 6, 2018

    The January blues, hectic time paying school fees for my 2 children, but now I`m settled and ready to commence payments.

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  • Lawrence    Dec 3, 2017

    My money has been delayed by about 3 weeks, as soon as it is in I will clear the outstanding balance, I purpose to clear my balance by the end of this year if all goes according to plan.

    Regards
    Lawrence Mademba

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  • George    Dec 1, 2017

    I have called Lawrence and he agreed to continue repaying the loan. Thank you.

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  • Lawrence    Nov 20, 2017

    Thank you guys for entrusting me with your money , I received the loan amount that I requested for and I`M making very good progress . Thank you once more.
    Yours faithfully
    Lawrence Mademba

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  • Lawrence    Oct 18, 2017

    What an incredible team you guys are,Paul Buchheit,The Zinc Team,guenter,The Zidisha ,Paul Graham,Anonymous,Jake Gibson and Beverly Picardo, I`m so grateful for this wonderful gesture. I appreciate.

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  • Lawrence    Oct 11, 2017

    I`M grateful to all my distinguished lenders and the Zidisha team, for the loan which was meant for school fees, I was able to pay and my daughter in school, preparing for her exams. I have a tender to supply used newspapers and this is the reason I request for this new loan. I`M also working on improving my repayment rate after which I will do an MLF. I Look forward to achieving great highs with Zidisha.
    Thanks and great regards
    Lawrence Mademba

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  • Lawrence    Aug 9, 2017

    A big thank you to all my able lenders , I don't take it for granted, Hope to repay this amount promptly and looking forward to working together often in future for common good.
    Best regards
    Lawrence Mademba

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  • Lawrence    Jul 10, 2017

    Thank you everyone for your financial support, your patience with me and your goodwill, I don`t take it for granted. Thank you once again.

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  • Lawrence    May 12, 2017

    Good morning family, I hope you are all doing fine, It has been long since I last posted, may you all enjoy the month of May.

    Best regards
    Lawrence Mademba

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  • Lawrence    Apr 10, 2017

    I will be paying from this coming weekend, I'm doing this so as not to inconvenience my guarantors, thank you for being tolerant with me, hope to get over with this re-payment before the end of May.

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  • Lawrence    Feb 11, 2017

    Still committed to paying

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  • Lawrence    Jan 25, 2017

    Good morning family, I will be making my payments end of this week thanks .

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  • Lawrence    Sep 9, 2016

    There are some sales I made, pending payments, which is due in on Thursday next week 16/09/2016, I'm writing to notify Zidisha management team, lenders and members of my community of my commitment to my Loan repayment programe, once the money gets in, I may re-adjust up wards
    Much regards
    Lawrence Mademba.

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  • Lawrence    Jul 18, 2016

    I'm glad I received my funds, thank you for support and best wishes.

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