Loan for farming and for buying a laptop computer

Felix Wiyema

Wanguru, Kenya

100% repaid

Entrepreneur

Name

Felix Wiyema

Member since

December 2014

On-time repayments

196 installments  •  94%

About Me

I grew up in up-country born in a family of eight children, my father was a senior prison office who liked farming while my mother was a farmer too. they trained us to be self reliant that by time I joined form one I left to buy uniform and other personal plus all other school requirements; my father used bought the first uniform and only paid school fees. I was forced to repair shoes for neighbors to get money but when it proofed not sufficient a friend gave me a camera which we were to share profit. after some time God sent my way a good Samaritan who needed water after we gave him water ; he was concerned and offered to sell me a better camera on installments as I use it. I became a student photographer. After completing my fourth form I joined bible school, later received a call into ministry, I joined American Insurance co. as a salesman just to subsidies my income. Later trained as a computer technician. worked for several companies but later in 2008 returned back to Full-time ministry as a missioner and was then posted in Northern Uganda to pioneer a church. I was privileged to work as resident pastor in several churches until God gave me a new assignment to which I registered the ministry in 2013. I resigned to carry on with the new assignment only to have my business investments collapse. My business patterns went underground and I choose to start farming to generate income. Since then I tried vegetable farming which was not profitable; a friend challenged me to do horticulture which I am now engaged in. It has been a great challenge due to lack of funds but God has been faithful all through. I remain committed to the future is brighter than at beginning, now that their is hope for funding.
I am blessed with three children, my daughter wants to train as electrical engineer while my son wants to be a pastor . I enjoy help others realize their potentials and live a fulfilled life.

My Business

Am a farmer planting traditional vegetables, french beans, Water melons and Tomatoes: Due to market demand I plant a lot of kales for supply in learning institutions where I have secured tenders. My income come from the sales of tomato nurseries as well as spinach sukuma wiki (kale) nurseries. I plant cow peace, pumpkins, terere mite plant (managu) Saget for both local and commercial market. I have just recently switched to incorporate water melons after logistic research on the crop its expenses and total returns. As a pastor I also receive free will offerings as well as gifts from friends and well wisher. I use my returns to pay school fees for my children and some orphans, family upkeep, grow and diversify the business, support widows in the church and improving our home.

Loan Proposal

Hello dear lenders, first I want to appreciate you for your continuous financial support. I will use the loan to acquire a better working second hand laptop to facilitate my research on farming and more it will help me have a convenient online access. Five month ago my laptop broke down beyond repair, as V.M it has been a great challenge for me to post comments on time as well as verify the contacts of new assignee to curb down on forgery hence reduce level of defaulters. Out of the total funds i plan to use 15,000KES for laptop purchase and The Remaining money (29,237KES) for purchase of fertilizer for planting and top dressing the french beans for one and a half acre. In addition I will also purchase ten (10) water pipes to replace the faulty ones for efficiency. Along side I will buy fungicides, and pesticides and pay for extra laborous to assist me with the work.
This project will boost my financial status hence empower me to pay school fees for my own children and also the orphans I give scholarship to. I expect the laptop to help me be more efficient in my VM responsibilities as cyber has always caused a lot of inconveniences and at long run it will be cost effective. The french beans will provide work opportunity to average of thirty women and about four men. As part of inter cropping the maize I plant serves as major boost to food supply to the surrounding market as the stalls supplement animal feeds.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$495.00

Date disbursed

Dec 18, 2016

Repayment status

On Time

Projected term

27 months

Cost to entrepreneur

Service fee: $20.41

Felix opted to pay $20.40 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

Craig Newmark

United States

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