John

Nakuru, Kenya

100% repaid

Entrepreneur

Name

John

Member since

June 2012

On-time repayments

44 installments  •  50%

About Me

My name is John Mburu Mugo. Family man with three children who are in school we are working hand in hand with my wife to raise them and educate them. It is our heart desire to give them the best in life if possible.
I come from karunga from Maili Saba Centre along Nakuru/Nyahururu road you branch to your right , you go past St. John Secondary School then to Karunga centre centre, you ask for Murungaru Primary School it is about 2km as you reach the school just ask John Mugo’s home Home .

My Business

I am a farmer I grow crops and also keep dairy cows in my farm. I grow crop like maize, beans potaoes, tomatoes, vegetables e.t.c. from the crop farming I get about 600000 annually I also sell milk from my cows where I get an income of 600 per day and 18000 per month and 2160000 per year so the annual income is about 900000.

Loan Proposal

i would like to boost my cattle farming in a modern farming. i will also use the amount in horticultural farming such as planting tomatoes and cabbages.i would like to boost my cattle farming in a modern farming. i will also use the amount in horticultural farming such as planting tomatoes and cabbages.i would like to boost my cattle farming in a modern farming. i will also use the amount in horticultural farming such as planting tomatoes and cabbages.

Feedback

6

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$500.00

Date disbursed

Sep 25, 2012

Repayment status

On Time

Projected term

15 months

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Ask John a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • John    Jun 2, 2015

    Hello,hope this finds you all well.I am the VM for Mugo and i have reached out to him and he has told me that he will be making a rescheduling by the end of this week.
    he has also told me that business has been low thus the delay in making repayments.

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    • Mårten    Aug 5, 2015

      Thank you very much John for your efforts; Mr. Mugo is well on his way again, repaying on time since June.

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  • John    Jun 1, 2015

    I am currently not able to pay the installment due to the payment of my two children who are at colleges school fees which have made me to become broke but i do promise to pay the installment once i am through with the payment of the school fees.
    Thank you for you kindness and understanding.

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    • Mårten    Aug 5, 2015

      Thank you John for not giving up, and for the 3 payments since June - Good luck to you all, you and the children!

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  • John    Jan 4, 2015

    Hi lenders. I would like to reschedule my loan repayments. The reasons as to why I would like to reschedule my loan is because my source of payment money was the sell of milk from the cows which I bought. The cows are in-calf and now am not milking which is making me to have money shortage but I hope that once the cows have given birth am going to complete my payments. Thank a lot for your understanding.

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  • jan73    Dec 25, 2014

    Good wishes for health, joy, and prosperity to you and your family in 2015!

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  • questionmark    Aug 31, 2014

    Hi John,

    This organization watsi.org/ provides funding for medical assistance and healthcare. However I don't know how it works - I guess you have to find a medical/healthcare organization that partners with them. There are several listed for Kenya, one appears to be dedicated to children with disabilities (watsi.org/partners/cure-int...) Good luck!

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  • John    Aug 30, 2014

    horticulture & manure making

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  • John    Aug 30, 2014

    HI Lenders, I am very much grateful for your continued support. I am doing well with my projects. I would like to inform you that my cattle business is doing very well. I have been able to construct a zero grazing unit and a biogas system. My cows have increase from one to three.
    I have also started another project for the community. I have started supporting some children in the community and educate their parents on the importance of early saving for their children. This is by opening accounts for their children. This has not been smooth. It has got more challenged since this is a community issues. To be sincere, during my visit to the parents in the community, I have realized and met with many disabled children who pause challenge to me because you cannot teach them how to save and yet they have other problems. This has made e to even cater for their hospital bills.
    It Is this that has made me to write to you and find out whether I can get more support from you lenders inform of donors who are interested in assisting the disabled. God bless you as you think of my proposal to you. Attached find the photos of the progress and challenges.

    Thank you very much

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  • jan73    Jun 1, 2014

    Mr. Mugo, thank you for continuing to make repayments as you are able. Best wishes to you and your family.

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  • John    Sep 26, 2013

    hank you for the continued support during the loan repayment period. The main reasons as to why I would like to reschedule my loan repayment is due to lack of income generating this months and this has led to low income resulting to lack of enough money to cater for the family and pay the loan. I will make sure that I catch up with the schedule and repay in time.

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