Entrepreneur
Name
Joseph
Member since
August 2015
On-time repayments
217 installments • 53%
About Me
raising a family was a great chore for my father,earning a meagre salary anyway he had to make end meet.growing up on the village was a bit challenging having to balance school and assigned farming duties at home.however the experience was exciting, to us and we all grew up thanks be to God.now with challenge of child upbringing I do need to work extra hard to make both end meet thanks to Zidisha for financial assistance.indeed Zidisha is changing lives for the better.
My Business
BUSINESS
Kinagop is endowed with good climate where crops do very well. We grow a variety of crops with the help of my wife. Mostly we grow Irish potatoes, cabbages and carrots. We also have 2 dairy cows which do very well in this area. On average the cow produce 14kg of milk per day which we use at least 2kg for home consumption and the surplus we sell to Tulaga Farmers Co-operative Society Ltd. On average we earn U.S.D 100 per month which we use U.S.D 70 for our monthly expenses and save the rest. In most of the cases we sell potatoes and cabbage after 3 months making an average income of U.S.D 150 after expenses.with this income I can comfortably repay Zidisha loan.
Loan Proposal
Lenders am intending to construct a fodder store dimension 20m by 10m i will construct using timber and iron sheet. the cost of material is as follows timber u.s.d 300 iron sheet u.s.d 200, labour usd 70. Witq this store i will have adequate storage for my fodder hence sustain my cow.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$576.58
Date disbursed
Aug 24, 2016
Repayment status
On Time
Projected term
60 months
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