Foot pump to pump water from the ponds for irrigation

Richard Odhiambo

Alupe, Kenya

100% repaid

Entrepreneur

Name

Richard Odhiambo

Member since

December 2014

On-time repayments

35 installments  •  57%

About Me

My name is Richard Odhiambo, I am the first born in a family of 6 children. I am a Moi University graduate with 2nd honors upper division in aquatic science.
I graduated inthe year 2010,but despite my good grades and academic qualifictions ,no job was forthcoming. I tried my best searching for a job ,but non come my way. Since I had no capital to start any business, i was forced to stay idle and do manual work to earn my daily bread. I wrote a proposal to county government and I was given grand to construct three fish ponds. The business picked off ,well and today it earns me a living.
I have not started my family since I am still educating my siblings ,however I am looking forward to start a family soon.
I am a soccer fun and so during my free time I always watch soccer,I am also a good trainer and when free I train youths on fish farming.

My Business

my business is fishing farming, I keep Tilapia in my fish ponds.
The demand for fish is very high as most people today shifting towards white meat,fish is a vital source of protein and the community that I stay in are fish eaters .This explains why the demand for fish is always high throughout the year.
I use $50 in a month ,my revenues average is $300 in a month. I make profits of $250 in a month.
I use my profits for fees,business expansion and taking care of my parents.

Loan Proposal

Dear sir/madam
I am so glad to present to you my second loan request,I am looking forward to diversify my farm to include horticulture farming. I have water and land resources that I have not been utilizing due to financial constraints.I would use the ,money to buy water pump$140 ,and the balance to buy manure and certified seeds. I would really appreciate you support and help.Thank you for your kindness.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$297.99

Date disbursed

Mar 11, 2015

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $11.26

Lenders

G

GalantnostS

Hong Kong, Hong Kong

investor

Candiac, Canada

mbunifu

San Jose, United States

P

Philippe

Adliswil, Switzerland

DeanDropshot

Oslo, Norway

Vanamo

Helsinki, Finland

B

bizarresmom

Willowick, United States

Zidisha

Sterling, United States

T

ToddK

Indianapolis, IN, USA, United States

BJ

Brandon Joz

North Carolina, United States

Y

Yasha

Beer Sheva, Israel

Cloudways

Malta, Malta

Jouni

Finland

McJulio

New Jersey, United States

ads68

Melbourne, Australia

T

Travtroe

Lanesboro, United States

PulsoJewelry

Los Angeles, United States

Zal0m0n

Atlantis!!!! x), Mauritania

G

Galbania

Toowoomba, Australia

J

jlberqie

Wake Forest, United States

T

thebonseung

Republic of Korea

pvilliger

Zurich, Switzerland

Matching Fund

Sterling, United States

B

beckynagel

United States

Paul Buchheit

Mountain View, United States

sgornick

Los Angeles, CA, United States

mepster

San Francisco, Ca, United States

johnhudson

Washington, DC, United States

T

Tim47

United States

A

adamdreaming

United States

gugudu

Austria

Matthias Schulz

Berlin, Germany, Germany

KM

Kirsty M

United Kingdom

M

Michael

United States

Torsten Schreiber

Frankfurt, Germany

nickle23

New York, United States

MW

Matt Willis

United States

H

Hakon

Drammen, Norway

G

Graham

United States

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