Foot pump to pump water from the ponds for irrigation
Richard
Alupe, Kenya
100% repaid
Entrepreneur
Name
Richard
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
Positive
1
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$297.00
Date disbursed
Mar 11, 2015
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
Hong Kong, Hong Kong
Willowick, United States
North Carolina, United States
Germany
Republic of Korea
United States
United States
Australia
United States
Ask Richard a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Summary
Amount repaid
$312.89
Amount remaining
$0.00
Date repaid
Jul 5, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 22, 2015 | $22.34 | Mar 18, 2015 | $0.55 |
| Mar 22, 2015 | $21.79 | ||
| Mar 29, 2015 | $22.34 | Mar 22, 2015 | $0.19 |
| Mar 29, 2015 | $22.15 | ||
| Apr 5, 2015 | $22.34 | Mar 29, 2015 | $0.19 |
| Apr 5, 2015 | $22.15 | ||
| Apr 12, 2015 | $22.34 | Apr 5, 2015 | $0.92 |
| Apr 12, 2015 | $21.42 | ||
| Apr 19, 2015 | $22.34 | Apr 12, 2015 | $1.66 |
| Apr 23, 2015 | $20.68 | ||
| Apr 26, 2015 | $22.34 | Apr 23, 2015 | $1.30 |
| May 4, 2015 | $21.04 | ||
| May 3, 2015 | $22.34 | May 4, 2015 | $0.93 |
| May 9, 2015 | $21.41 | ||
| May 10, 2015 | $22.34 | May 9, 2015 | $1.67 |
| May 12, 2015 | $20.67 | ||
| May 17, 2015 | $1.31 | May 12, 2015 | $1.31 |
| May 24, 2015 | $0.00 | ||
| May 31, 2015 | $21.98 | Jun 1, 2015 | $21.98 |
| Jun 7, 2015 | $21.98 | Jun 1, 2015 | $21.65 |
| Jun 14, 2015 | $0.33 | ||
| Jun 14, 2015 | $21.98 | Jun 14, 2015 | $21.98 |
| Jun 21, 2015 | $21.98 | Jul 5, 2015 | $21.98 |
| Jun 28, 2015 | $21.98 | Jul 5, 2015 | $21.98 |
| Jul 5, 2015 | $22.97 | Jul 5, 2015 | $22.97 |
Loading...