Simon

Kiptangwanyi, Kenya

12% repaid

Entrepreneur

Name

Simon

Member since

October 2012

On-time repayments

335 installments  •  7%

About Me

I am a father of five children, only one in high school, the rest have completed their education. live in kiptangwanyi about 100 meters from kiptangwanyi trading center, my occupation is farming (cattle rearing) also I am father in charge in orthodox church of Kenya, have completed my high school education also I have completed my bible study.
I started a business of farming a business of farming after having an education day of farming funded by Brookside Company, by the end of the day they promise us to be buying our milk, they also tell us to crossbreed the indigenous cattle by dairy breed which are highly productive in milk. I am expecting to purchase one more chuff cutter also I will purchase five more diary cattle

My Business

My business is farming
My business includes diary cattle farming. They is a lot of demand of the product such as milk, because the milk is taken by the Brookside company dairy.
Most of the farmer in kiptangwanyi have not yet crossbreed their cattle thus making me being the most of the few one who will produce much milk. The business will be profitable because most of the feed a get from my farm. The risk facing the business is poor road during the rainy season which hinders the transportation of the milk.
My typical monthly cost is khs 50000, sale revenue is around ksh 25000 and profit is above 20000 but I am planning to earning more.

Loan Proposal

Am grateful to you lenders for another chance to get a loan from this organization. I hope you had a merry Christmas full of blessings. I wish to use this loan that I will get from the organization to buy some new machinery useful for my farming practices. Firstly I wish to purchase a grass chopper. This machine is good for cutting fodder for my dairy cattle. Secondly, I wish to purchase another dairy cattle. This will boost my milk supply.

Feedback

5

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,921.00

Date disbursed

Jan 1, 2014

Repayment status

Late

Projected term

75 months

Lenders

AWOL

USA, United States

EricDWalters

Rochester, Mn, Usa, United States

Jakub

Velke Svatonovice, Czech Republic

P

Philippe

Adliswil, Switzerland

A

adwatson

Milan, MI, United States

J

jbrotzman11

TX, United States

nicole

Worcester, Ma, United States

B

Bpryse

Long beach, United States

P

ploeger

Perkasie, United States

F

Fiodal

Helsinki, Finland

Kjartan

Oslo, Norway

Tjitser

The Hague, Netherlands

B

bilt6

Charlotte, United States

T

ToddK

Indianapolis, IN, USA, United States

J

Jessica

Patagonia, Argentina

F

florian

Mettmenstetten, Switzerland

BenRump

Washington DC, United States

Sundstroms

Falun, Sweden

andreasol

Bielefeld, Germany

SHRFamily

Vancouver, Canada

B

bopsquod

Seattle, Wa, United States

MicroFinancier

New York, United States

A

aiban

Austin, United States

A

Andersson

Sölvesborg, Sweden

G

Goodwill

Oakland, United States

juliemartha

Lake Mary, United States

N

netsirkd

Highland, United States

mithril

Prague, Czech Republic

W

Walter01

Kingston, Canada

J

jocke

Stockholm, United States

S

Smith

Kespu'kwitik, Canada

A

anagnan

BRUXELLES, Belgium

Sarasota

Sarasota, Fl, United States

C

CZC

Lake Zurich, United States

D

Dutch_lender

Leiderdorp, Netherlands

S

seikatsu

Palo Alto, CA, United States

A

abc

Afghanistan

C

cazz14

dunedin, New Zealand

E

emilyeaton

New York, United States

JulianHF

London, United Kingdom

DocHolliday

Legend, United States

K

ksiebrandt

Omaha, United States

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