Inventory of feed and purchase of two goats for livestock farming

Micheal

London Estate, Kenya

100% repaid

Entrepreneur

Name

Micheal

Member since

August 2014

On-time repayments

228 installments  •  88%

About Me

I was born on the 22nd, September, 1960. We were born five boys with no girl at all. I am the second born in the family. My elder brother passed on in 1990. My father passed on when I was in standard 6, in 1974. After the death of my father I went to stay with my maternal grandmother in May 1974 until I did my first national exams( Kenya Certificate of Primary Education) in 1975. Incidentally my elder brother had repeated some class, so he also sat for Kenya Certificate of Primary Education in the same year( 1975). I got 36 points in the exams( which is the maximum points in the exams then) while my elder brother got 32 points. Both of us were officially called to join government secondary schools. However since we were orphans both of us could not go to secondary schools because my mother was unemployed then. So the local chief of our area organized for a fundraising to raise money for both of us to join secondary schools. However the amount that was raised could only be sufficient for one of us to go to a secondary school. So I gave my elder brother a first chance to go to the secondary school where he had been called to join while I repeated standard 7 in order to join Starehe Boys Centre and school.

I later sat for Kenya Certificate of Primary Education exams for the second time in 1976 and got 34 points, 2 less than the maximum points of 36. I officially got a letter from Starehe Boys Centre and School to join form one there. I later did my Kenya Advanced Secondary School exams and got a division one.

l am a family man with 4 grown-up children.l worked with Telkom (K) Ltd for 24 years as a telecommunication technician and rose to the rank of a telecommunication engineer.While working with Telkom (K) I also got trained as a Peer Education Facilitator as well as Christian/Muslim Family Life Education Facilitator.

I went to Starehe Boys Centre and School where I attained two Subsidiary passes in Mathematics and Physics.

I was retrenched from Telkom (K) in 2008 thereafter I started keeping Livestock ( one dairy cow and some indigenous poultry)

From the earnings I am able to educate two orphans and four poor students in secondary school. With more income I shall be able to cater for education of many more needy children.

My hobbies are: reading bible, teaching the word of God, teaching about reproductive health and cheering local football and international football.
I am also a pastor with Church on the Rock Ministries in Africa. The church I pastor is situated within the environs of Nakuru town. The church has 40 members( adults and the youth).

My Business

I am still running my banana selling business with my wife in Nakuru Wholesale Market. So l intend to buy stock of 90 banana @ $6 per a banana, thereby costing me a total of $540( 54,000 kenya shillings). I also intend to use $250( 25,000 Kenya shillings) to pay my college fees balance in order to graduate with a diploma in Theology and Bible Studies in the month of March, 2019. The rest of the amount will cater for transportation and other logistics.

Loan Proposal

Purchase of She-goat: 65 dollars
Purchase of He-goat: 70 dollars
3, 90kg bags of layers mash @ 40 dollars per a bag: 120 dollars
2 , 50kg bags of chick mash @ 20 dollars per a bag 40 dollars
Transportation 5 dollars


Total cost 300 dollars

Feedback

5

None

None

  • Dixie Davis    Aug 15, 2018

    Loaning to Michael is a real pleasure. He seems to do his best to live his faith, to help others. He gives frequent updates, and it's great to hear what he's doing with the money he receives. He's paying for orphans to go to school and trying to improve his business and standard of living. Michael is a real gift to us!

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Loan Info

Project Type

Classic Loan

Disbursed amount

$289.00

Date disbursed

Feb 23, 2015

Repayment status

On Time

Projected term

12 months

Lenders

I

icetwice

Melbourne, Australia

P

Philippe

Adliswil, Switzerland

E

explosionsky

Brooklyn, United States

Namaste250

Pittsford, United States

ads68

Melbourne, Australia

elijah225

Ottawa, Canada

Cricketca

San Jose, United States

Romojo

Paraparaumu, New Zealand

S

spivurno

United States

mepster

San Francisco, Ca, United States

A

adamdreaming

United States

E

Ejackson

United States

M

Matze

Germany

Lou Kaucic

Sanbornton, NH, United States

JC

Jethro Carr

Wellington, New Zealand

Humble Bundle Community

San Francisco, United States

Ask Micheal 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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  • Micheal    Feb 19, 2019

    My dear lenders: I received my loan on 1st of February, 2019 amounting to kshs 62,640 ($626.4). Thank you so much for the loan. I bought 85 bananas @ kshs 660 ($6.6) per a banana costing me in total, kshs 56,100( $56.1)

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  • Micheal    Feb 19, 2019

    I want to ask to be forgiven for delaying to acknowledge receipt of my loan a few weeks back because my smartphone developed some problems after l had taken some photos at workplace. However here is my report.

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  • Micheal    Jan 30, 2019

    Glory be to God Almighty! I thank you all my lenders for the good work you have done in funding my loan.
    I shall buy 90 bananas @ $6.6(kshs. 660), totalling to $594 (kshs. 59,400). So if l sell the bananas @ $8.8( kshs. 880) per a bunch of bananas, then l shall collect $792. Thank you so much for the loan.

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  • Micheal    Jan 29, 2019

    Wooow! I am elated for the love my lenders have towards me to fund me 92% so far. I have faith the 8% funding remaining will be done today, with three more days to go. All glory and honour to God who has enabled you to fund me.

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  • Micheal    Jan 26, 2019

    I am extremely happy with you my lenders. So far my loan is 19% funded. Thanks for the faith you have in me. I have six remaining days in order to be 100% funded. I have faith in you, lenders, that in the next few days I shall be 100% funded and I thank God in advance for you that you shall fund my loan in full. Remain blessed.

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  • (Comment deleted by author)

    • Micheal    Jan 22, 2019

      I shall surely write to James Diawuo in Ghana. There is still a chance for him to correct his ways and come back not only to save his integrity but to restore nomalcy in the hearts of other zidisha members in Ghana.

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  • Micheal    Jan 17, 2019

    Dear lenders: The last loan I received from you helped me a lot. I bought 90 bananas at a cost of kshs. 600 ($6) per a bunchof bananas, totalling to kshs. 54,000 ($540). I sold the 90 bananas within a week at a cost of kshs. 700 ($7) per a bunch, thereby fetching me kshs. 63,000 ($630). Hence giving me a net profit of kshs 9000($90) before deducting expenses. After expenditure I get a net profit of kshs. 7000 ($7).

    With the proceeds I managed to pay for my college fees amounting to kshs. 105,000 ($1050) for the whole year(2018). I am yet to pay a fee balance of kshs. 25,000 ($250) before I graduate with a Diploma in Theology and Bible Studies in the month of March, 2019. I also took care of my cow and the calf in the same year.

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    • Mary    Jan 21, 2019

      This is awesome news Micheal. It is great for lenders to see how their loans work to help bring in profits for a business. Thank you for sharing!

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      • Micheal    Jan 22, 2019

        I feel humbled to read your wise comment that encourages me to aim higher in my business undertakings, Mary. You have pasted on me a brighter face, thanks so much Mary.

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    • Micheal    Jan 22, 2019

      Thanks a lot Dixie Davis for liking my comment. I am happy for the good gesture you are extending to me.

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  • Dixie Davis    Aug 15, 2018

    Thank you for your updates! I am so happy to hear that you are doing well with this loan. Please be kind to your cow! Keep her as comfortable as possible, and she will reward you with milk. And blessings upon you for taking care of the orphans and paying their school fees!

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    • Micheal    Dec 20, 2018

      Thanks a lot Dixie Davis for your nice comment. I loved it. I was in a bible college persueing a Diploma in Theology and Bible Studies. That is why I took long to reply, forgive me for that.

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  • Micheal    Aug 13, 2018

    Thanks a lot my lenders. I received a net amount of loan equivalent to kshs. 55,600 ,after deductions. I bought 80 bananas @ kshs 600 per one banana. My photos can show. I sincerely wish u well.

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  • Micheal    Jul 31, 2018

    I want to thank all my lenders: Joost, Dao Nguyen, Dixie Davis and ChrisF, for funding my loan in full.
    Immediately l receive the money l shall purchase 70 bananas and dairy meal for my cow and calf. I thank the Almighty God for enabling you to fund my loan. I shall now be able to catee school fees for the girl my wife and l are taking care of. Also l shall be able to paint my kitchen. I shall also be able to meet my college fees and other expenses without straining.

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  • Micheal    Jul 30, 2018

    Thanks a lot ChrisF from Germany. I appreciate your contribution towards my loan. May God bless you.

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  • ChrisF    Jul 30, 2018

    Good luck from Germany!

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  • Dixie Davis    Jul 28, 2018

    I am glad you help teach about reproductive health. I am an atheist, and I see you are religious, but that is okay. My belief system leads me to help those in need, to help others when I can. I also see you are paying for education for orphans. That is wonderful! I'm glad I can help you, even if it's just a little bit!

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    • Micheal    Jul 30, 2018

      Thanks a lot Dixie Davis for your great healp. I am delighted as l appreciate your contribution towards my loan. I give glory and honour to God for your concern. Be blessed.

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  • Dao Nguyen    Jul 26, 2018

    wishing you success with your loan, Micheal

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    • Micheal    Jul 26, 2018

      Thanks a lot Dao Nguyen for wishing me success in my new loan. I am strengthened in my soul.

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  • J    Jul 24, 2018

    I hope that your loan will be completely funded quickly.
    Good luck.

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    • Micheal    Jul 25, 2018

      Thank you so much Joost. I have faith that my loan will be funded faster than the earlier ones.

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  • Micheal    Jul 24, 2018

    The last loan l have just completed helped me a lot. Out of the sale of 70 bananas l initially bought, l have gradually improved in sales and in profit making hence l managed to do the following:
    1. I painted my house in Kitale, since l do business in Nakuru.
    2. I bought furniture
    3. I ploughed a leased one acre farm in Kitale and planted maize and beans.
    4. I also bought a dairy cow.

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  • Micheal    Jul 19, 2018

    I am comfortable in raising the amount so that l can clear my loan sooner rather than later in the year.

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  • Micheal    Apr 11, 2018

    My zidisha lenders, l am proud of you. My business has expanded now and l am in a Pentecostal Bible College doing Diploma in Bible Studies and Theology. This is the beginning of my second year. Thanks a lot my lenders.

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  • Micheal    Mar 26, 2018

    Hi lenders! It is planting season in Kenya. I managed to get maize seeds(10kg), beens(20kg) and a ninety kg bag of fertilizer for planting. All these was as a result of you boosting my business. Thanks a lot lenders.

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  • Micheal    Mar 13, 2018

    I am attending a class of diploma in Theology two weeks every month till October, 2018. But my wife is running our business.

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