Shem

Nyagokiani Village, Kenya

14% repaid

Entrepreneur

Name

Shem

Member since

December 2012

On-time repayments

85 installments  •  5%

About Me

I live in Nyamira County Nyagokiani Location near Nyagokiani Secondary School at the junction with Chaina Primary school, Plot Number NM/ 314.
I am the family head of two daughters and two sons. After High School I joined the Military after where I trained locally and overseas as a Weapons Technician. on getting out following 1982 Military Disturbance i opted to work in the farm. on the almost 3 Acre farm we grow Mature tea bushes, Bananas, and raise chicken for own consumption and market. We have also built a brick house that we wish to use as the village internet Connectivity center. With the proceeds from the Farm that is about Ksh 150,000 per a year, we buy farm inputs, fodder and spend the rest on school fees and paying household bills.

My Business

wife and I work our Ancestral Land measuring about 3 Acres. On this we grow our food that we also sell in the village Market and have about 2000 bushes of tea. We raise chicken for the Market. in the newly build brick house we have the outlet for our produce. Our expansion plan is to have a village internet connectivity centre. With which we can impact our marketing plans. In a good month we make up to Ksh 20000 and spend almost Ksh 25 000 - 30, 000. I make the difference through freelancing as a debt collector for banks, Hospitals and Financial institutions. With our position being on a busy junction we have an advantage over our competitors. If we set up the the resource center we shall benefit all the community.

Loan Proposal

First I wish to thank the Zidisha family for this chance to borrow KES 40 000. I believe this money shall go a long way to purchase stock for our green grocer and fix the doors to our new Brick house. We shall also add a few new chicken to our egg laying chicken. This way we shall have started our road to progress. We have (my wife and I) taken precautions in laying aside in the bank a sum of money as the reserve funds in case some unforeseen circumstances cause negative hindrances.
thanks again.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$470.00

Date disbursed

Mar 28, 2013

Repayment status

Late

Projected term

86 months

Lenders

YB Song

Seoul, Republic of Korea

B

Brandon

Colorado Springs, United States

MindMuse

Talking Rock, United States

russell

leicester, United Kingdom

Sundstroms

Falun, Sweden

SHRFamily

Vancouver, Canada

Creole1

Mobile, Alabama, United States

borscht

Golden, United States

Namaste250

Pittsford, United States

Ingela

Falun, Sweden

Sverre

Bergen, Norway

K

knight79

Möhlin, Switzerland

N

NiceguyfromIsrael

Tel Aviv, Israel

rainbow

Weiden, Germany

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