Irrigation system and fence for vegetable farming

Peter M Wambui

Nairobi Zebra Estate Githunguri, Kenya

5% repaid

Entrepreneur

Name

Peter M Wambui

Member since

December 2011

On-time repayments

294 installments  •  8%

About Me

I am Married and live with my wife and my two children. I was born in 1974 and raised by a single mother after my parents divorced while I was still a toddler my mother Educated me up to Secondary School and I was forced work as manual laborer so that I may raise money continue with my college education where I managed to qualified as Account Technician. I started a business of Poultry farming and opened a shop where I sell all type of mechanized goods,Fruits and vegetables. Use my profit to feed my family to expand my businesses and assist the share the food with my needy neighbor such as those which are HIV positive and orphans. My hobbies are reading, Jugging and watching Football and advocating for Women and Children rights.

My Business

My business of Poultry farming I have about 100 birds with a product of over 3000 eggs per month which retails at Kes 10 per Egg thus giving me a total income of 30000 shillings per month.The shop gives the family income of Kes 35000 per month after payment of all the expenses . In this business the cost of transport of Goods is very high and I would like Zidisha to Finance me so that to buy a second hand delivery vehicle and A computer to track and keep records and show other literate how to operate a computer.

Loan Proposal

Dear Lenders thanks for your support towards my business and my family. We are grateful for your generous contributions through out the years we have been together. We are humble by you action and trust yopu have for us making this world a globe village where we can assist one another to make a difference in this world. I wish to request for my third loan from you to boost my Agri-business. I have a business of farming where by planting Tomatoes, Spinach and other vegetables in my small farm at my home. I wish to take the loan to by irrigation equipment so that may water the crops during the dry season. This business is good because I earn profit of Kes 3000 per week for sale of tomatoes and spinach and other vegetables which I harvest per pay day. By supporting my business you will assist me and my country to improve food security which is a main challenge for most African countries. I will use Kes 40,000 to by water tank for water storage, Kes 50,000 for irrigation equipments and Kes20,000 for fencing the land to protect it from animals and the rest I will spent on seeds, fertilizers and pest sides.

Feedback

15

None

1



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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,356.82

Date disbursed

Mar 24, 2014

Repayment status

Late

Projected term

62 months

Cost to entrepreneur

Lender interest: $1,356.82 at 7.41% annual rate over 62 months = $520.10

Service fee: $247.73

Lenders

AWOL

USA, United States

Feldborg

Stuttgart, Germany

N

nitram

Stockholm, Sweden

EricDWalters

Rochester, Mn, Usa, United States

lucafrangi

Vienna, Austria

investor

Candiac, Canada

M

Meckel

Boulder, United States

B

Bpryse

Long beach, United States

S

stroll

Stockholm, Sweden

M

m_dennis

Toronto, Canada

W

Walekkelson

Brisbane, Australia

L

Lttlefoot

Sydney, Australia

M

Markus

Tirschenreuth, Germany

TheMoonDuster

Brisbane, Australia

T

tonilends

catalonia is not:, Spain

F

florian

Mettmenstetten, Switzerland

Pierfausto

Rome, Italy

captainhappy

Gladstone, Australia

Quentin

Toronto, Canada

A

Astrid

Den Haag, Netherlands

T

tkromm

Agia Paraskevi, Greece

Sverre

Bergen, Norway

M

mkellerman

Shanghai, China

K

kewlpluz

Moca, Puerto Rico

K

kikusin

Shanghai, China

Cricketca

San Jose, United States

M

montimus

Lenah Valley, Australia

C

caz32

chertsey, United Kingdom

GarmdGriek

Oslo, Norway

jan73

Eugene, United States

D

DavidJSmu

North Attleboro, MA, United States

Sarasota

Sarasota, Fl, United States

V

Volpone

Geneva, Switzerland

E

Escalada

Bakersfield, CA, United States

C

CZC

Lake Zurich, United States

S

seikatsu

Palo Alto, CA, United States

xtrahardware

Cazenovia, United States

H

Haavard

Bergen, Norway

R

ricka736

Wellington, New Zealand

Matching Fund

Sterling, United States

R

Rootdet

Fairfax, United States

D

DanielH

United States

Wouter

Amsterdam, Netherlands

J

jcmfl

United States

M

mjmeader

United States

K

Kevlich7

Nairobi, Kenya

S

siannan

United States

D

DaveX

Croatia

W

whlaing

United States

mhooper1962

London, United Kingdom

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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