Buying livestock and stocking for sale at a laer date

Michael

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Michael

Member since

November 2019

On-time repayments

13 installments  •  38%

About Me

My name is Michael,am a Kenyan citizen aged 52 years.I made my first borrowing from Zidisha which I repaid on time.My dream is to become meat supplier in Nakuru region.

My Business

I am a livestock keeper and I also do cash crop farming on medium scale.I buy livestock and keep it for some time and sell it later at a profit.

Loan Proposal

I will purchase some sheep and stock them for sometime.When the market is favorable,I will sell my stock at a profit.With enough capital,I could raise enough money to educate my children.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$24.00

Date disbursed

Dec 23, 2019

Repayment status

On Time

Projected term

4 weeks

Lenders

Paul Buchheit

Mountain View, United States

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  • Michael    May 1, 2023

    I am kindly requesting an extension of my payment due to unavoidable circumstances.
    I intended to rear chicken and have them ready for market but the market has deteriorated and the buyers not available.However,I will do all that I can to begin my instalments as soon as I can but I assure the Sponsors that though I may be late in payment,I will pay all that I owe in due course.
    I regret any inconveniences that I may have caused.
    Yours Faithfully
    Michael

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  • Michael    Mar 13, 2023

    I take this opportunity to sincerely thank you for tunding my project.Honestly, during this hard economic times,it is not easy to get a genuine friend on your back.
    After I get the fund I will buy chicken feeds as I had indicated before .I will do my best not to let you down friends.
    Thank you again

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  • Michael    May 1, 2021

    Thank you so much folks for being there for us all especially during this difficult time.I thank you so much because when I took my last loan,I could only afford to buy 3 shheep but through you,I can buy 8 sheep

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  • Michael    Dec 10, 2019

    I take this opportunity to sincerely thank all lenders at Zidisha for ensuring that my first loan of ksh 1500 with Zidisha was a success.I was able to use the money to top up the cash I had to buy sheep which I will resell with profit during this festive season.I don't take this for granted.Am ready to walk and grow with you in every step of the way.

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