Buying solar and battery for eggs hatching incubator

Edward

Mosocho, Kenya

100% repaid

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Entrepreneur

Name

Edward

Member since

March 2016

On-time repayments

245 installments  •  62%

About Me

I Edward Mandi was born in Kisii County some 50 years ago in a family of seven, i went to school up to standard eight and then joined craft centre where i trained as Radio and Television technician.
i was employed i saved some money which i used to open my current business in Radio and Television repair.
the land where i live is fertile even though is small is a good land for cultivation.
One wants to be electrical /electronics engineering , another want to be an agricultural extensional officer, another one wants to be a social worker.
my hobby is electronics and learning more about poultry farming.

My Business

I own Radio and Television repair workshop in Kisii County within Kisii Town.
Due to long experience in this work i have a lot of customers.
I like this type of work since my childhood, So i decide to train as a Radio and Television Technician.
I pay for the working place Kshs. 5000 per month/Kshs.1500 for electricity bill, Kshs. 3000 for traveling expenses, then i can make approximately between 50,000 and 80,000 per month.
I use my income profit to pay school fee for my children and other needs for the family, i also invest other money in growing my business, e.g i have small poultry farm.

Loan Proposal

The new loan will help me buy a solar panel and battery for my eggs hatching incubator.
The solar panel for 250 watts will cost Kes 25,000/-, and 120 Amps dry cell will cost around Kes. 48,000/- and the rest of the money will help me buy breading mother stock to start my new eggs hatching project.
This will help me reduce the price of day old chick to other farmers from Ksh, 100/- to Ksh. 80/- so they can also benefit.
The solar system will help reduce the cost of electricity, and i will not get lose by outages of electricity.

Feedback

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  • M

    Mary    Nov 20, 2017

    Edward repaid his loan ahead of time. I would recommend funding his future loans!

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    • Edward    Nov 28, 2017

      Thank you so Mary for believing in me. I will also strive hard to repay the future loan.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$797.00

Date disbursed

Dec 13, 2017

Repayment status

On Time

Projected term

17 months

Other loans

Mar 2016:  $100

May 2016:  $201

Nov 2016:  $301

Jul 2017:  $453

Feb 2019:  $915

Lenders

John Minges

United States

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  • Edward    Jan 18, 2021

    My invitee Jared Omurwa of phone number 0710934393 is not able to log in to is zidisha account please assist.

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  • Edward    Jan 17, 2021

    Not able to pay full instalment by now , because business down.

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  • Edward    Nov 26, 2020

    Deu to unavoidable sacumstance I am not able to pay the required amount. I will be able to pay the amount I have indicated.

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  • Edward    Oct 23, 2020

    Deu to unavoidable succumstance. I was not able to continue paying my loan.but from now I will continue paying. Very sorry for the inconiveniency.

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  • Edward    Jul 15, 2019

    I apolojise for making payments late. It was not my wish, but it was due to unavoidable sacumstances. Promise to start paying normal soonest posible thank you. GOD BLESS.

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  • Edward    Apr 23, 2019

    Due to an avoidable sacumstances, i adjust my instalment by now, i will be back to normal payment.

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  • Edward    Mar 13, 2019

    I again thank you for the loan lent me, which i have already received in my account. ( the loan was as follows, loan amount requested 92890 ksh., service fee 5% 4644, credit risk payment 27867, amount received after deductions is 60379 ksh. . Thank you again , the money will help me buy spare parts for my radio/tv repair workshop, and add some equipments for my poultry farm. Thank you GOD bless.

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  • Edward    Mar 12, 2019

    I take this oppotunity and thank you for having confidence in me, and lend me. The money will help me buy new spare parts to sell to my customers at my radio/tv repair workshop. Half of the money, i will buy equipments for my poultry farm, e.g feeders,drinkers etc. Thank you very much, GOD bless.

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  • Edward    Feb 27, 2019

    the loan i have just completed helped me improve my business, and also helped me pay school fees for my children, whereby one of them graduated last year December. so i could like to thank you very much.

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  • Frank    Nov 2, 2018

    Kindly re-adjust you loan installment to lower amount.

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  • Edward    Jun 6, 2018

    Am.doing well with my repair work, with the poultry farm,the weather is not very good for it is raining almost daily. So it is cold for the chicken this weather is not good.

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  • Edward    Feb 23, 2018

    Burdened by school fees for now. But i will back to normal soon.

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  • Frank    Feb 2, 2018

    Hallo, what happened ? Your have not repaid your loan installment. Kindly reduce your limit so as you pay what you can get for sometime until you stabilize.
    Thank you i hope you will reduce your installments

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  • Edward    Dec 8, 2017

    I take this oppotunity to thank you my lenders for having faith in me by lending again. I promise also to work with you faithfuly always. This money will help me as i indicated ealy to buy astandby source of power for my eggs hatching incubator. This will incrude an inverter, which i already have one which i bought materials and assembled i being atechnician ( electronics) . Solar panel will cost me about 250usd. Dry battery will cost around 480usd. The rest i will buy brooding mother stalk of different breeds. I decited to buy the powerback because our electricity is not reliable. We can have ablackout for even aweek or so. With this powerback i will minimise the loss i could incure due to power failiar thank you so much and God bless.

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  • Edward    Nov 28, 2017

    I would like to thank the lender for the unlimited support they extended to me. The business is doing well and i hope to boast my business to another level.

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  • Edward    Oct 2, 2017

    After election which was nullified, the business is very low. But as soon as normalcy resume i will adjust my loan upwards.

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  • Frank    Sep 28, 2017

    I have talked him, he is going to adjust his payment and he will continue to repay.

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  • Edward    Aug 2, 2017

    I, first take this oppotunity to thank my lenders for the good work you are doing by lifting the living standards of the needy. MAY GOD BLESS THE WORK OF YOUR HANDS. This loan will help me so much to put aroof to a house am constracting for my family. Thank you very much.

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  • M

    Mary    Aug 1, 2017

    Your business plan sounds like a good one. I hope you are about to save money by keeping your chickens in a nice place. Regards, Mary

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  • Edward    Jul 25, 2017

    I bought material from the money i received last time. I would like to thank the lender for the support.

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