Hi lenders am very greatful to have this chance o apply fof my second loan.with this loan, am planning to buy a good dai...

Michael

Nakuru, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Michael

Member since

March 2013

On-time repayments

71 installments • 65%

About Me

My name is michael Mambo and a resident of Nakuru.having been brought up in church and my father being a pastor in our local church this gave me an opportunity of knowing God and after completing my secondary school l enrolled in bible school and now l do pastor in cathedral of healing and faith ministry.l also practice farming in my home area and mostly do goat keeping for milk that l sell in the nearby market and mostly to people affected with HIV.The earnings from the farming business enables me to support my family and help the needy in the society.

My Business

The farming business is very viable in this area because there is lot of demand for food due to the many residents of Nakuru town.l started goat keeping after being informed of its usefulness.l have twenty milking goats that produce like forty lit res of milk daily.mostly due to its nutritional value l sell to HIV affected people as its has proved to boost the immune system of HIV affected at ks100 per litre.The business is good since there is no competition as most farmers prefer dairy farming.l normally get like ks 40,000 after deducting the expenses.if advanced the loan l will be able to add more goats hence milk.

Loan Proposal

hallow lenders its great to me to have this chance. am now very ready to move forward with this wonderful platform.the first loan has been so fruitful to me, since the chickens are doing so good. i got a very great profit with that loan. am now planning to buy a good and productive dairy cow which will help my family with milk.my little children will benefit with milk. since they usually eats eggs produced by our chickens, i want now to feed them with milk which i will get from the cow. i hope their health will be good enough.i will also sell the milk to our local brook side company which buys milk in bulks.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$291.00

Date disbursed

Feb 6, 2014

Repayment status

On Time

Projected term

14 months

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May 2013: $100

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HB
Hana B Apr 29, 2015

Dear lenders,

My name is Hana and I am a volunteer at Zidisha. I would like to ask you for your patience regarding Michael's repayments as he informed us that had not been well recently.

Best,

Hana

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Michael Apr 7, 2014

dear zidisha,am grateful for the loan you gave me.the loan is boosting my business very much. am now thankful to zidisha and all my lenders. my main objective to reschedule this loan. is because when i was proposing my repayment schedule, i had proposed to repay monthly. this payments of weekly came abruptly.in this case i was not in a position to make weekly repayments.

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Michael Aug 7, 2013

dear lenders am so happy to zidisha team. my dairy goat is doing so well. the milk is helping most of the residents in our area. i hope to repay the loan within a very short time.Also the goats have increased the milk due to better fodder crops l have given the goats with.l have also been able to find new markets for the milk,therefore the profit has increased tremendously.l would also like to add more other goats.l hope you take my request into consideration.God bless you all

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Michael Jul 24, 2013

dear lenders,l would like to inform you that due to the current rainfall l would like to construct a more comfortable pen for my goats.l require iron sheets and timber to build the peg so that the goats wont be affected by the weather therefore not reducing the milk production.I will also like to increase the number of goats since the market is getting bigger and better,l will be very glad if l would expand my farming business,l hope that you reconsider my request and help me grow bigger,God bless you all

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Michael Jul 24, 2013

Hi lenders,l want to inform u that the loan u gave me was very helpful because l have expanded my goat farming. Since then my goats have increased the milk production tremendously because of feeding them the best available feeds. Now l have been able to attract more customers and l am earning more profit. I am also able to supply more milk to the HIV affected persons,I appreciate so much for the loan, I wish you all nice times.

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Michael Jun 19, 2013

dear lenders am glad to have joined this money lending platform having being a beneficiary from your organization. i also appreciate the consideration of my loan that you gave me.i am very grateful for the loan because i was able to add more goat feed for my goats and also allowed me to add more goats to my farm. i was also able to reconstruct new and bigger goat pens. thank you very much for your consideration.

Translated by Show original

dear lenders am glad to have joined this money lending platform having being a beneficiary from your organization. i also appreciate the consideration of my loan that you gave me.i am very grateful for the loan because i was able to add more goat feed for my goats and also allowed me to add more goats to my farm. i was also able to reconstruct new and bigger goat pens. thank you very much for your consideration.

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Michael Jun 19, 2013

dear lenders am glad to have joined this money lending platform having being a beneficiary from your organization. i also appreciate the consideration of my loan that you gave me.i am very grateful for the loan because i was able to add more goat feed for my goats and also allowed me to add more goats to my farm. i was also able to reconstruct new and bigger goat pens. thank you very much for your consideration.

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Michael Jun 12, 2013

dear all my lenders. am so happy to join this platform ,and i hope you are doing well, my dairy goats are also very productive, and am so happy with this project. am starting making my loan repayments on 13thjune 2013. i hope to repay this loan as soon as possible so that i can borrow a higher amount of money which will boost my dairy goat business. my vision is to have as many good and productive dairy goats so that most of the community members can collect milk from my farm. the milk is very nice in nutrient-ions so i wish all my lenders who contributed in raising my bids a very good moments. i wellcome all of you here in kenya when the times comes. also am still preaching the good news of our lord jesus christ so that people can leave their sins and be saved. thanks so much all my lenders.

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