Buying more sheep

Bernard Cheruiyot

Siwot Village, Kenya

100% repaid

Entrepreneur

Name

Bernard Cheruiyot

Location

Siwot Village, Kenya

On-time repayments

93 weekly installments  •  45%

About Me

I am a businessman and a farmer from Keringet, Kuresoi constituency in Nakuru County. My business is in Information Technology sector; I own a cyber cafe and a computer services shop in Molo. My business in situated in Tuulek House, Keringet centre, Kuresoi South Sub-county.
I offer computer services: cyber, typesetting, designing various items, printing, photo-printing, photocopy, scanning, lamination e.t.c).
In farming, I grow potatoes, peas and rear sheep.

My Business

I started the business in October 2012 with a computer which my friend assisted me with. I had to lend a printer from a friend at a monthly fee. The little amount of money I had was used to pay for office rent and license fees.
The business has been successful; currently I have acquired my own machines worth over (USD 1,948) and own other assets (bought directly from business income) worth over (USD 8,534).
I am also currently investing in a sheep farm.
The only hindering factor is raising enough capital in a short span of time; but I believe ZIDISHA is going to assist me solve this problem.

Loan Proposal

Firstly, I want to take this opportunity once again to thank all the lenders who funded my last three loans. I really appreciate you people for your kind hearts and generosity. May God bless you as you extend you kind hands to others.
Secondly, let me put my request again to be considered for more funds to buy more ewes. This will allow me get nearer to my target of 50 sheep. Currently, I have managed to buy 22 sheep.
Your consideration will highly be appreciated.
I will pay the loan comfortably from my business income.
Thank you.

Feedback

4

None

None

  • KM    Feb 15, 2015

    Repaid fully and very quickly.

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  • MikeP    Sep 18, 2014

    Thank you for your repayment. I wish you every success in your venture.

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  • anonymous    Sep 8, 2014

    A little late in the end, but good job.

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  • howard    Sep 8, 2014

    Thank you, Bernard, for your repayments. "All's well that ends well"

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Loan Info

Project Type

Classic Loan

Disbursed amount

$146.22

Date disbursed

Jan 12, 2015

Repayment status

On Time

Projected term

4 weeks

Cost to entrepreneur

Lender interest: $146.22 at 4.82% annual rate over 0 months = $0.66

Service fee: $0.69

Lenders

YB Song

Seoul, Republic of Korea

T

Tec69200

Jacksonville, United States

Zidisha

Sterling, United States

KM

British Columbia, Canada, Canada

Bobrm2k3

Charleston, United States

H

hokyplyr

Lincoln, United States

A

anonalender

Hampshire, United Kingdom

S

saraef

Nottingham, United Kingdom

A

AndrewC

London, United Kingdom

G

gradient

KFAR SABA, Israel

I

idakaren

bonlez, Belgium

3

381inc

Beverly HIlls, United States

P

Paleomagick

Eldred, United States

C

Carlos

Barcelona, Spain

DainS

Peregian Beach, Australia

S

smetis

Kananaskis, Canada

S

Sreval

Manly, Australia

B

bertvdlingen

utrecht, Netherlands

FriendinOregon

Hillsboro, Oregon, United States

A

Anonymous

United States

P

Pavane

Kungsbacka, Sweden

L

lewisfamily

Bicester, United Kingdom

B

bakedpotato

Middletown, United States

W

wilma95

napa, United States

E

Ekevu

Zürich, Switzerland

G

gdp-finance

United States

KM

Kirsty M

United Kingdom

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