Generator for irrigation pump

Erico Onyango

Bugengi Busia County, Kenya

100% repaid

Entrepreneur

Name

Erico Onyango

Member since

August 2014

On-time repayments

89 installments  •  53%

About Me

My name is Erick onyango Jayie from Bugengi village,busia county western kenya.I schooled in Mundika Boys High School and thereafter joined Homboyz college to train as a DJ.
After graduating with a certificate in DJ, I mobilized funds from friends and family and with my savings bought a music system for hire.
My services including providing entertainment for various functions including weddings,funerals and products promotion.Politicians also hire my music system occasional.
Being a professional DJ has given me a competitive advantage when offering my services for I am always in position to provide high quality services.
From my earnings am always able to sort out my bills as well as take care of my kids brother school fees.I also save something small for the purpose of investing and expanding my business.
My hobbies include listening to music,traveling
,making new friends ,swimming,riding and dancing. i also love children so much and during my free time ,i take time to visit the children orphanages and play music just to make them happy.
A part from being a DJ a do commercial farming currently I am growing water melon for sale during December holiday.T he water melons are at flowering stage and doing well.
Basically i thank the founders of this project for their kindness and commitment to providing financial freedom to vulnerable populations.

My Business

I am a DJ by profession and upcoming commercial farmer own a small music system that i always hire out at fee, to individuals,NGOs and politicians.I provide entertainment for guests in various occasions including weddings,funerals,conferences and political rallies. I also own a 3 acre farm where I grow water melon.
The demand for my services is always high throughout the year but during festive season (December) it is always at the peak.My clients always prefer my services for they are from a professional and quality services and customer satisfaction is always the core of my business.I always do my best so as to retain my clients who in turn spread the news of my good services.
The major constraint my business is facing is financial constraints, better music system is quite expensive and raising the funds is a hurdle.However the business is profitable since competition from other professional DJs is minimal in my area,this makes me make quite decent revenues from my business.
On a good month i usually spend $0 on my venture and get revenues of $300 however on a bad month i always spend up to $100 to carry out repairs on my my music system.
I expect to use revenues generated from my DJ business to service my loans , before i start selling water melons in December ,with Zidisha i can foresee a flourishing business and the future looks bright.

Loan Proposal

Dear lenders ,I am so humbled by the fact that you trusted me with your resources and funded my first loan,Thank you. I am now appealing to you to kindly fund me to enable me buy a generator for my WATER MELON. I will really be grateful for your assistance. I will also use the generator to generate power for my Music system.
I will use $360 to buy a heavy duty diesel generator to enable me pump irrigation to water my 3 acres of watermelon when the short rains stop in mid November,this will make the fruits grow to maximum size and hence fetch premium price during hot December- January season when demand is always high.Thank you in advance

Feedback

2

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Loan Info

Project Type

Classic Loan

Disbursed amount

$364.00

Date disbursed

Oct 22, 2014

Repayment status

On Time

Projected term

4 months

Lenders

KYLE LARSON

Little Falls, United States

C

chkuo

Taipei, Taiwan

Umair Mahmood

Raleigh, United States

kuebel

Vienna, Austria

JimVandegriff

Trinidad, California, United States

R

ram1919

San Jose, United States

DT

Dru Tarr

Gloucester, United States

P

PHU99

Zwingenberg, Germany

Z

zmilez

London, United Kingdom

K

kjustad

Asker, Norway

A

Andrii

Kiev, Ukraine

ShaneHeneghan

Galway, Ireland, Belgium

kalidanthepalidan

Denver, United States

ProfWriter

Boone, United States

T

thebonseung

Republic of Korea

Kamil

Lidzbark Warminski, Poland

johnhudson

Washington, DC, United States

Leonardia

Waddinxveen, Netherlands

M

motivator1117

United States

stephen sontag

Narragansett, United States

Eduardo

Sorocaba, Brazil

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  • Erico Onyango    Feb 28, 2016

    hey,lenders,I am kindly requesting to adjust my loan once again,I am certain I will complete the loan these march.thank you.

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  • andyfletcher    Feb 14, 2016

    Hello Erico,
    Glad to hear your business has improved. Any idea when you will be able to continue with your payments?

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  • Erico Onyango    Feb 2, 2016

    Hello lenders,the business has picked up well and I mam thankful for your patience.

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  • Erico Onyango    Jan 9, 2016

    Hello lenders I am just waiting for payments for supplies ,then I repay my loan I am very sorry for the delay

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  • Erico Onyango    Dec 16, 2015

    hello lenders,I have had a problem of double posting of repayments which has since been corrected, I am now looking forward to make payments and clear my loan soonest.

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  • Erico Onyango    Dec 9, 2015

    Dear lenders,all is well,the business is doing fine but I my wife is sick so I have to channel more income towards her treatment,Thank you

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  • Erico Onyango    Nov 23, 2015

    hello lenders ,I have not been able to make payments these weekend ,but will do these weekend

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  • Dickson    Nov 16, 2015

    Hello Erico

    Thanks for being my mentor
    You are such a great mentor and i see you maintain high rate of repayment history and have a good business too

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  • Erico Onyango    Nov 10, 2015

    hello lenders, I am contemplating completing my loan within the next four weeks. thank you

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  • Erico Onyango    Nov 2, 2015

    I am very pleased to increase my payment rates,so that I can clear my loan because the business is doing well.thank you dear lenders for your patience.

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  • Erico Onyango    Oct 12, 2015

    Hello lenders,the farm is doing very well and I expect to make bigger sells soon . thank you for your incredible kindness. you give me a reason to smile

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  • Erico Onyango    Aug 18, 2015

    Hello lenders, I expect some payments but the hotel has delayed in payments . I will make the payments as soon as the payments are made.Thank you

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  • Erico Onyango    Aug 6, 2015

    hello lenders,thank you so much for the loan. I am now able to pay more and clear my loan,I am sorry for the late payments.than you so mcuh

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  • Keld Soerensen    Aug 5, 2015

    Erico - another one of your borrower who you are mentoring. - Sylvia aching. Appreciate if you can provide an update www.zidisha.org/loan/help-m...

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  • andyfletcher    Aug 5, 2015

    Hello Erico,
    Do you have any new of Isaac Ooko, a borrower you are mentoring?
    Thank you.

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  • andyfletcher    Jul 30, 2015

    Hello Erico,
    I hope you are well. Do you have any news of Slyvia Otieno, a borrower you are mentoring?

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  • YP    Jun 27, 2015

    Hello Erico,
    Congratulations on the improvement in your business.
    Do you have any update on a borrower you are mentoring, Otibine Robert? Thank you.

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  • Erico Onyango    Jun 10, 2015

    Dear lenders. I have been able to construct a green house that will change my fortunes. I have been finacially constrained but I will reschedule my loan upwards since the construction is now over and my farm business as well as music business are doing well. Thank you

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  • Erico Onyango    Apr 25, 2015

    dear lenders ,due to my moms sickeness.I will be unable to pay full amounts as per the schedule,however I will pay high amounts in future to compesate for these.kindly bear with me.

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  • Erico Onyango    Apr 21, 2015

    The construction for my green house is underway and is expected to be completed in the next 7 days. I am so grateful and happy for your support.

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