Farming loan for a water pump

Solomon

Kahawa Wendani, Kenya

25% repaid

Entrepreneur

Name

Solomon

Member since

January 2015

On-time repayments

194 installments  •  56%

About Me

Would like to give my appreciation for the support i have received so far from the group. It out of the loans extended i have managed to start of my passion fruits farming something. This a great milestone since the whole idea was a dream before Zidisha stepped in and made it to be reality.

I have managed to plant some fruits & already they have started fruiting meaning very soon i will start making some money from my farming buiness thanks to zidisha lending flaternity.

My Business

My business has always been farming which is still have passion & traesure on, On close look of kenyan economy many of young peaople are looking for white colour jobs leaving farming activity to the old retired people to do farming

This has greatly affected food production & created a very good business opportunity to any energetic young kenyans who will embrace farming & adopt new farming techniques.

With above in mind coupled with my passion in farming i started a journey of growing passon fruits with the assistance of Zidisha. Currently the fruits are in flowering stage & will start generating weekly cashflows propably in 1.5 months time. From the loan am sourcing i want to expand on my plants which will gurantee me a stable source of income as i also look in growing other crops infuture.

Loan Proposal

From Zidisha group I have managed to start a passion fruit farm with approximately 700 bushes. The farm is thriving well but with limitations since I depend wholly on rain fed water. This has become a challenge since the rain has become yunpredictable and short over the years. With this it has drastically reduced output levels of the plant. With the amount I will raise from the loan I want to buy a water pump with estimated cost of ksh 12,000.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$74.00

Date disbursed

Jan 9, 2019

Repayment status

Late

Projected term

22 months

Lenders

Kelly

United States

A

Anonymous

United Kingdom

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  • Elisha    Jan 17, 2021

    he promised to repay all amount by next month and take another loan.

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  • John Kimani    Jan 4, 2021

    I have reminded Solomon to be faithful with his payment promises,as it will be better for others to benefit from his loan repayment.

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  • John Kimani    Oct 29, 2020

    This member has some challenges in finances has lowered and he adjust the loan accordingly.

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  • Patrick    Sep 5, 2020

    I called Irungu and he requested to pay within this month period.

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  • Solomon    Jun 14, 2020

    Financial challanges

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  • Solomon    Apr 22, 2020

    Facing challanged

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  • Solomon    Nov 17, 2019

    facing financial challanges

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  • Solomon    Sep 30, 2019

    financial challanges

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  • Solomon    Jul 31, 2019

    facing financial challanges

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  • Duncan    Jun 27, 2019

    he said he is facing some financial constrains and i advised him to reduce the payment amounts.

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  • Solomon    Jun 4, 2019

    financial challanges am currently facing

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  • Solomon    Apr 3, 2019

    Doing badly financially but will resume normalcy when I stablize.

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  • Solomon    Feb 20, 2019

    Have been experiencing financial constrains since. Want to stabilize then will clear off the loan

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  • Solomon    Jan 1, 2019

    Thanks a lot with the amount I will be able to buy the much required water pump. This will guarantee a stable water supply through the year

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  • Solomon    Dec 10, 2018

    From the previous loan I was able to buy post to train my passion fruits farm.

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  • Solomon    Oct 5, 2018

    Am currently in better position to rapay higher instalment

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  • Solomon    Feb 11, 2018

    Facing some challenges during the week hoping to adjust the next instalment upwards.

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  • Solomon    Feb 2, 2018

    I can afford much this week unlike last week when I was facing some challanges

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  • Solomon    Jan 28, 2018

    Facing financial challenge this week hoping to resume back in next week.

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  • Solomon    Nov 18, 2017

    it has become relatively impossible for me to meet my weekly installment due to the current financial challenges am currently facing. Am requesting for a installment decrease hoping to adjust the same upwards in future soon i get out of current financial situation.

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