Geoffrey

Kiptangwanyi, Kenya

30% repaid

Entrepreneur

Name

Geoffrey

Member since

December 2011

On-time repayments

73 installments  •  29%

About Me

I am married with four children, two of them are schooling. One is in college and the other one is in Primary school. I live in Kiptangwanyi which is about 41 km from Nakuru town. I live in my own farm,plot number 800. This is where I do all my livestock keeping.

My Business

My business entails livestock farming. I keep cattle, sheep and goats for sale. There is a very high demand for these products because we sell to brokers who later resale them for slaughtering. The meat is then distributed to nearby towns such as Nakuru, Gilgil and Naivasha. The main challenges that I face in my business is drought, disease outbreak and poor prices by brokers.

Loan Proposal

Dear Lenders,
I would like to use my second loan from Zidisha organization to buy another dairy milk cow. This time round I want to introduce a new breed. I have increased my fodder crop acreage and added some more paddocks. This has enabled me to have adequate food for my livestock. With the loan I will be able to buy a good dairy cattle and this will boost my milk production. I am grateful for the first loan I got from Zidisha. This really helped me to improve my business.

Feedback

5

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,087.00

Date disbursed

Sep 30, 2012

Repayment status

Late

Projected term

66 months

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  • Geoffrey    Mar 7, 2013

    Hi zidisha organization
    I decide to change the repayment schedule because it is during the dry season in our country thus i want to rear my animal till the rainy season where i will manage to sell the animal at the better cost than the way i will sell it now,also i want to buy the seed for plantation during this period we are preparing our land.
    Thank

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  • Geoffrey    Nov 30, 2012

    Dear Lenders,
    I would like to reschedule this loan of my by reducing the monthly installments. This will enable me to proceed on well with my repayment and also using some of the profits that I will be getting from the business by ploughing back it back into the business. This will be great for me and hope to complete the loan well on time.

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