Entrepreneur
Name
Geofrey
Member since
March 2014
On-time repayments
255 installments • 44%
About Me
My names are Geofrey Kabugi Mwangi born in the year 1972, in Kinangop, Nyandarua County of the central Province in Kenya. I went through my early Primary education in Kinangop then joined Secondary school for my KCSE. After my KCSE, I joined Kenyatta University where I enrolled for a degree course in teaching. I am married with three children.
My Business
Currently, am working as a teacher in a public Secondary school, besides working as a teacher, at Muruaki secondary School, I am a farmer specializing in cash crop and dairy farming in Kinangop. I grow wide range of cash crops like potatoes, peas, carrots and cabbages. I am also a member of Tulaga farmers SACCO where we sell our milk and get paid at the end of the month.
Collections or income per month range from Ksh. 12000 to ksh 18,000 per month. This after deducting the expenses amount to sh 6000 per month as net income the amount that I add to my salary at my work place for family upkeep and paying school fees for my first born child who schools at Kabare girls High School
I intend to borrow zidisha loan so as to increase my farming activities with the help of my wife who is a house wife. With this Zidisha loan, I will be able to boost planting by planting in a land that is currently sitting idle. I live just some few meter from a source of water that is Turasha river which though seasonal, I will take advantage and water my crops during the coming dry spell. This will put me in advantage as I will not rely mostly on weather that is unpredictable. I want also to plant more feeder crops for my cows so as to boost milk production. From my work place I have net income of ksh 20,000 and will keep part of my personal savings to go towards this project. During holiday season, I am usually out of school and I don’t work during the holidays so I will be in a position to concentrate with my farming activity. I also don’t work during weekends. i.e Saturdays therefore I will be having at least a day in a week to concentrate on my project. With the help of my wife I will able to increase my farming activity. I do also have plans to purchase a simple water pump that will enable me do some irrigation to my crops particularly vegetables and cabbages which have ready market due to their ever increasing demand. When prices go down I will be using them as fees for my cattle and this will increase milk production.
Loan Proposal
With my 2nd Zidisha loan, I intend to borrow zidisha loan so as to increase my farming activities just as it was with my first loan this will be a project mainly managed with the help of my wife who is a house wife. With this Zidisha loan, I will be able to boost planting by planting in a reclaimed land from my first loan. This place that does well in both dairy and cash crop farming particularly potatoes, peas, cabbages among others, the reason why I still wish to plant more feeder crops for my cows so as to boost milk production. From the income generated and part of my personal savings, I want to expand and still see whether i can increase the scale of production. I do have a simple water pump that will enable me do some irrigation to my crops particularly vegetables and cabbages which have ready market due to their ever increasing demand. When prices go down I will be using them as feeds for my cattle and this will increase milk production, this will help reduce wastage. From the proceeds i will plough back profits generated and still ensure that my daughter goes through her university education without hitches. The surplus funds will be saved for future expansion.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$128.00
Date disbursed
Nov 2, 2016
Repayment status
On Time
Projected term
14 months
Other loans
Lenders
United States
Summary
Amount repaid
$128.49
Amount remaining
$0.00
Date repaid
Apr 14, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Nov 13, 2016 | $2.01 | Nov 7, 2016 | $2.01 |
| Nov 20, 2016 | $2.01 | Nov 7, 2016 | $2.01 |
| Nov 27, 2016 | $2.01 | Nov 7, 2016 | $1.01 |
| Nov 16, 2016 | $1.01 | ||
| Dec 4, 2016 | $2.01 | Nov 16, 2016 | $2.01 |
| Dec 11, 2016 | $2.01 | Nov 16, 2016 | $2.01 |
| Dec 18, 2016 | $2.01 | Nov 23, 2016 | $2.01 |
| Dec 25, 2016 | $2.01 | Nov 23, 2016 | $2.01 |
| Jan 1, 2017 | $2.01 | Nov 23, 2016 | $1.01 |
| Dec 4, 2016 | $1.01 | ||
| Jan 8, 2017 | $2.01 | Dec 4, 2016 | $1.01 |
| Dec 26, 2016 | $1.01 | ||
| Jan 15, 2017 | $2.01 | Jan 4, 2017 | $2.01 |
| Jan 22, 2017 | $2.01 | Jan 4, 2017 | $2.01 |
| Jan 29, 2017 | $2.01 | Jan 4, 2017 | $1.01 |
| Jan 21, 2017 | $1.01 | ||
| Feb 5, 2017 | $2.01 | Jan 21, 2017 | $2.01 |
| Feb 12, 2017 | $2.01 | Feb 12, 2017 | $1.51 |
| Feb 15, 2017 | $0.50 | ||
| Feb 19, 2017 | $2.01 | Feb 15, 2017 | $2.01 |
| Feb 26, 2017 | $2.01 | Feb 15, 2017 | $0.50 |
| Mar 2, 2017 | $1.51 | ||
| Mar 5, 2017 | $2.01 | Mar 2, 2017 | $2.01 |
| Mar 12, 2017 | $2.01 | Mar 2, 2017 | $1.51 |
| Mar 18, 2017 | $0.50 | ||
| Mar 19, 2017 | $2.01 | Mar 18, 2017 | $2.01 |
| Mar 26, 2017 | $2.01 | Mar 18, 2017 | $0.50 |
| Apr 5, 2017 | $1.51 | ||
| Apr 2, 2017 | $2.01 | Apr 5, 2017 | $2.01 |
| Apr 9, 2017 | $2.01 | Apr 9, 2017 | $2.01 |
| Apr 16, 2017 | $2.01 | Apr 9, 2017 | $2.01 |
| Apr 23, 2017 | $2.01 | Apr 9, 2017 | $1.01 |
| Apr 10, 2017 | $1.01 | ||
| Apr 30, 2017 | $2.01 | Apr 10, 2017 | $2.01 |
| May 7, 2017 | $2.01 | Apr 10, 2017 | $2.01 |
| May 14, 2017 | $2.01 | Apr 10, 2017 | $2.01 |
| May 21, 2017 | $2.01 | Apr 10, 2017 | $2.01 |
| May 28, 2017 | $2.01 | Apr 10, 2017 | $2.01 |
| Jun 4, 2017 | $2.01 | Apr 10, 2017 | $2.01 |
| Jun 11, 2017 | $2.01 | Apr 10, 2017 | $2.01 |
| Jun 18, 2017 | $2.01 | Apr 10, 2017 | $2.01 |
| Jun 25, 2017 | $2.01 | Apr 10, 2017 | $2.01 |
| Jul 2, 2017 | $2.01 | Apr 10, 2017 | $2.01 |
| Jul 9, 2017 | $2.01 | Apr 10, 2017 | $2.01 |
| Jul 16, 2017 | $2.01 | Apr 10, 2017 | $2.01 |
| Jul 23, 2017 | $2.01 | Apr 10, 2017 | $2.01 |
| Jul 30, 2017 | $2.01 | Apr 10, 2017 | $2.01 |
| Aug 6, 2017 | $2.01 | Apr 10, 2017 | $2.01 |
| Aug 13, 2017 | $2.01 | Apr 10, 2017 | $2.01 |
| Aug 20, 2017 | $2.01 | Apr 10, 2017 | $2.01 |
| Aug 27, 2017 | $2.01 | Apr 14, 2017 | $2.01 |
| Sep 3, 2017 | $2.01 | Apr 14, 2017 | $2.01 |
| Sep 10, 2017 | $2.01 | Apr 14, 2017 | $2.01 |
| Sep 17, 2017 | $2.01 | Apr 14, 2017 | $2.01 |
| Sep 24, 2017 | $2.01 | Apr 14, 2017 | $2.01 |
| Oct 1, 2017 | $2.01 | Apr 14, 2017 | $2.01 |
| Oct 8, 2017 | $2.01 | Apr 14, 2017 | $2.01 |
| Oct 15, 2017 | $2.01 | Apr 14, 2017 | $2.01 |
| Oct 22, 2017 | $2.01 | Apr 14, 2017 | $2.01 |
| Oct 29, 2017 | $2.01 | Apr 14, 2017 | $2.01 |
| Nov 5, 2017 | $2.01 | Apr 14, 2017 | $2.01 |
| Nov 12, 2017 | $2.01 | Apr 14, 2017 | $2.01 |
| Nov 19, 2017 | $2.01 | Apr 14, 2017 | $2.01 |
| Nov 26, 2017 | $2.01 | Apr 14, 2017 | $2.01 |
| Dec 3, 2017 | $2.01 | Apr 14, 2017 | $2.01 |
| Dec 10, 2017 | $2.01 | Apr 14, 2017 | $2.01 |
| Dec 17, 2017 | $2.01 | Apr 14, 2017 | $2.01 |
| Dec 24, 2017 | $2.01 | Apr 14, 2017 | $2.01 |
| Dec 31, 2017 | $2.01 | Apr 14, 2017 | $2.01 |
| Jan 7, 2018 | $2.01 | Apr 14, 2017 | $2.01 |
| Jan 14, 2018 | $2.01 | Apr 14, 2017 | $2.01 |
| Jan 21, 2018 | $2.01 | Apr 14, 2017 | $2.01 |
| Jan 28, 2018 | $1.57 | Apr 14, 2017 | $1.57 |
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