Foot pump for irrigation

Andrian Wesonga

Butula, Kenya

100% repaid

Entrepreneur

Name

Andrian Wesonga

Member since

January 2015

On-time repayments

27 installments  •  48%

About Me

My name is Andrian wesonga, I am the fifth born in our family. I went to Ojamii primary school and later went to Bungoma high school. I later joined Moi University to study Agricultural Resource management.
I successfully completed my first year but could not go back to college for my second year of study because of lack of school fees,I went back home and started teaching as a untrained teacher in the nearby primary school, getting $30 in a month. Since I had to serve for my college fees, I had to find better things to do,that is when i decided to try my hand in horticulture farming. Armed with $100 I tilled a quarter acre of land,and planted tomatoes and capsicum. After 3 months I smiled my way to the bank to pay my school fees. I am currently in service continued third year university student.
I come from the Bukusu community ,we have diverse culture,including traditional male circumcision.During the season which happens after every two years,it is always fun ,dancing and singing. However this tradition is slowly dying because most elite parents prefer taking their children to hospital.
I am a like socializing,giving motivational speeches to my peers and watching soccer during my free time.

My Business

I am horticulture farmer specializing in vegetables crops. I grow assorted high value crops including capsicum,tomatoes ,pumpkins and kale's. I always do crop rotation and only plant crops I consider will be high in demand at particular season.
Vegetables are always very important in any society for their nutritive reasons . I choose this business because it was less capital intensive and had high returns.
My average costs in a month range from $60-$120 depending on the season and crop grown. my revenues average between $200-$500 in month.
I use 80% of my income for paying my school fees as well as paying school fees for my siblings. 10% for general family expenses and 10% for my savings.

Loan Proposal

Dear sir/madam
I am happy for this golden opportunity , I am am humble requesting you to finance my purchase of foot pump for irrigation. I will add $25 from my savings to to $100 to buy a kick-start foot pump for irrigating my kale's and capsicum this dry season. currently I use watering can and that gives me a lot of work,with this pump my work will be easier and my revenues will increase as I will be able to expand my farm.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.16

Date disbursed

Jan 26, 2015

Repayment status

On Time

Projected term

7 weeks

Cost to entrepreneur

Lender interest: $100.16 at 4.12% annual rate over 1 month = $0.62

Service fee: $0.56

Lenders

S

snowcrystal86

New York, United States

Zidisha

Sterling, United States

M

mogensh

København V, Denmark

Boysenfam

Boulder, United States

DLarson

Morris, United States

Jouni

Finland

V

Valis

Singapore, Singapore

Padrino

Kilkenny, Ireland

C

chrishol

United States

mepster

San Francisco, Ca, United States

KM

Kirsty M

United Kingdom

Shen Ge

Houston, United States

D

Doug

Baltimore, United States

Dayton

Vancouver, Canada

LJ

United States

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Summary

Amount repaid

$101.71

Amount remaining

$0.00

Date repaid

Mar 22, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Feb 8, 2015 $16.89 Feb 7, 2015 $16.89
Feb 15, 2015 $16.89 Feb 14, 2015 $16.89
Feb 22, 2015 $0.08 Feb 14, 2015 $0.08
Mar 1, 2015 $16.85 Mar 2, 2015 $16.85
Mar 8, 2015 $16.85 Mar 2, 2015 $0.22
Mar 8, 2015 $16.63
Mar 15, 2015 $16.85 Mar 8, 2015 $0.22
Mar 15, 2015 $16.63
Mar 22, 2015 $17.29 Mar 15, 2015 $0.22
Mar 22, 2015 $17.07

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