280 installments • 72%
My name is Geoffrey Mwaniki, I reside in Nairobi County, Embakasi District, Fedha Estate. I was born in Machakos County, Kathiani Division, Kaani Sub Location. It is 12km from Machakos Town to Kaani town. And approximately 400 meters off Machakos Kitui road. There is a school next to my farm called St Catherine Girls High School. I am married to Edith Baru and we have been blessed with a baby boy called Nathanael Mwaniki.He is now 4 and half years. I have been farming for the last 6 years. What started as a passion has now grown to be an established business thanks to Zidisha loans which has helped me to grow my farming business.
I am in agribusiness where I practice mixed farming. I have a Green house where I grow tomatoes and capsicums. I am also in poultry where I have 200 indigenous birds. I also have cattle and have also planted pawpaws and mangoes. I have experienced tremendous growth over the last 2 years that I have been in the business. For example, I started with 5 she goats and 1 he goat and now I have over 20 goats. In the area of Poultry, I have been able to construct a house which can hold over 2,000 birds from proceeds from the farm which am planning to stock as soon as possible. I have been also able to plant over 1,000 pawpaw trees which will mature in the next 1 year. Already I have around 100 mature pawpaw trees which I sell the fruits to my customers in Nairobi.The climate condition in our area is very good for fruits which many customers prefer them because of the sweetness.
First and foremost and want to convey my gratitude to my lenders and zidisha for the help you have given my towards achieving my financial goals. The last two loans have helped me big time.
Now am requesting for a loan of 588 US dollars to buy a generator which will act as a back up for my incubator when there electricity goes off which happens frequently in our area. The one I have been using is very small in terms of watts compared to the size of incubator. It has 500 watts and the machine has 600 watts making the generator strain a lot. I have identified one in the market which has 1,000 watts where it can run the machine and also light the chicken house especially when I have young chicks. Its been sold at 500 US dollars. The cables and also Voltage regulator is going for 33 USD and 50 USD respectively. I am looking forward for your positive response.
Jan 30, 2015
Cost to entrepreneur
Lender interest: $604.91 at 5.48% annual rate over 9 months = $26.96
Service fee: $18.18