Buying more sheep

Bernard Cheruiyot

Siwot Village, Kenya

100% repaid

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Entrepreneur

Name

Bernard Cheruiyot

Member since

October 2013

On-time repayments

97 installments  •  47%

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, Olenguruone 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

First is to thank the organization and lenders for considering me in the past by awarding me loans. Am very much grateful.
For now am involved in sheep rearing and the IT business. I have 20 ewes and a ram but I am planning to add more ewes to the flock. I want to rear a total of 50 ewes. If you will consider me, I will buy more of the ewes in order to achieve my investment target.
I look forward to your favourable consideration.
Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$146.27

Date disbursed

Dec 1, 2014

Repayment status

On Time

Projected term

5 weeks

Cost to entrepreneur

Lender interest: $146.27 at 8.10% annual rate over 1 month = $1.33

Service fee: $0.61

Other loans

Apr 2014:  $50

Jun 2014:  $149

Jan 2015:  $146

Feb 2015:  $144

Apr 2015:  $144

Jun 2022:  $49

Lenders

investor

Candiac, Canada

Kysera

Crawfordsville, United States

R

rpmccarthy

Sydney, Australia

1

1dancer

Irvine, CA, United States

fairspirit

Utrecht, Netherlands

Bobrm2k3

Charleston, United States

neocodesoftware

vancouver, Canada

M

marymarrs

North Bend, United States

markpearson

Portsmouth, United Kingdom

Evan Lamos

Brussels, Belgium

Paul Buchheit

Mountain View, United States

S

sparky

Canada

S

SaraNT

United States

Mikers

Netherlands

I

ident

Horsholm, Denmark

G

gdp-finance

United States

Ask Bernard a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Bernard Cheruiyot    Jul 11, 2022

    I bought a ram with the loan I had applied and repaid. I currently want to buy one more ewe.

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  • Bernard Cheruiyot    Jun 20, 2022

    I am a sheep farmer. The problem is that I don't own a ram which has lead to delay in breeding of my ewes. This amount will enable me to buy good breed of a young ram. Improved breeds of my sheep will mean a good income from my farm.

    I want to take this opportunity to thank all the members who funded my project. I can now buy the ram.

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  • John Kaseme    Jun 19, 2022

    Use it to buy ram and improve your business.

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  • Bernard Cheruiyot    Oct 22, 2018

    I used the last loan to buy sheep. But currently I have sold them to buy stock for my new computer services shop.

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  • Bernard Cheruiyot    Sep 16, 2015

    I am currently not in a position to raise KES500 a week.
    Thank you.

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  • Bernard Cheruiyot    Jul 11, 2015

    I am sorry for late repayment of the loan due to unavoidable circumstances. All in all, I thank Zidisha for the loan which have of help to my siblings and me. Thank you so much.
    The adjustment will allow me repay the loan without much hustle.
    Thanks for your consideration.

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  • Bernard Cheruiyot    May 27, 2015

    I am comfortable paying KES 1000 for now but I will increase the installments immediately I stabalize after some few weeks.
    Thank you for your understanding.

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  • Bernard Cheruiyot    May 19, 2015

    I am sorry but I will start paying the loan from next week. Thank you.

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  • Bernard Cheruiyot    May 3, 2015

    I have bought two lamb ewes from the loan. The total cost of the two sheep was KES 10,000. I used KES 2,000 to do the fencing of sheep enclosure; KES 970 was used in purchasing deworming medicine, mineral salt and molasses.
    I thank you lenders for your continued support.

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  • Bernard Cheruiyot    Apr 21, 2015

    My loan of KES 12976 I had applied for has been disbursed. The amount will be used to purchase 2 ewes and do some fencing (paddocks) of the sheep's grazing field. I thank all the lenders for their support.
    Be blessed.

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  • Bernard Cheruiyot    Apr 21, 2015

    My loan of KES 12976 I had applied for. The amount will be used to purchase 2 ewes and do some fencing (paddocks) of the sheep's grazing field. I thank all the lenders for their support.
    Be blessed.

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  • Bernard Cheruiyot    Apr 20, 2015

    Thanks all lenders for your funding.
    Regards.

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  • Bernard Cheruiyot    Apr 19, 2015

    1 day remaining yet I still need 42% of the loan

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  • Bernard Cheruiyot    Apr 16, 2015

    Thanks Trincowski and Jzidi, only 94% remaining.

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  • Bernard Cheruiyot    Apr 16, 2015

    I can see it is 6% funded, I hope it will 100% by the end of the day.
    Thank you.

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  • Bernard Cheruiyot    Apr 12, 2015

    Dear lender, I have posted another loan request. I will be very much grateful for your support. Thank you.

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  • Bernard Cheruiyot    Apr 7, 2015

    I wish to thank my previous and current lenders for their support. I am very much grateful. God bless you all. I was able to purchase two more ewes with the loan you gave me last time.
    This week only, 5 of my ewes gave birth – one sired twins – but one of the six lambs died. I am expecting three more lambs by the end of this week.

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  • Bernard Cheruiyot    Mar 1, 2015

    In the farm today. I have bought two more ewes from the loan.

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  • Bernard Cheruiyot    Mar 1, 2015

    In the farm today. I have bought two more ewes from the loan.

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  • Bernard Cheruiyot    Feb 28, 2015

    Thanks #PaulBuchheit for funding my loan. I will be buying two more sheep tomorrow, the post a picture of them.
    The loan will be paid promptly from business income.
    Be blessed.

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