House renovation & inventory of bananas for my shop

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

I have 40 bananas in my store. Each cost me kshs. 600 ( 6 dollars). Total cost of 40 bananas was kshs. 24,000 ( 240 dollars). I get a loan of kshs. 58,000 (580 dollars), I shall purchase 50 more bananas at a cost of( 50x600), kshs. 30,000( 300 dollars). Transportation cost of the bananas from the farm to my stall at the wholesale market is about kshs. 4000( 40 dollars).

I built a house in Kitale with part of the last loan I took from Zidisha( about kshs 39000). I used bricks to build the house. The roof is completed. The doors and windows have been fitted. What is left is plastering the floor and to paint the walls. So the remaining amount of the loan, about kshs. 20,000( 200 dollars), I shall use to plaster the floor and to paint the walls. As soon as the house is ready for occupation I shall take photos and send to you, zidisha, for my lenders to see.

Items to be purchased in finishing the house:
1. One lorry of sand, 7 tonnes at a cost of kshs. 4000 (40 dollars)
2. Eight bags of cement, @kshs 800(8dollars) per a bag, totalling to kshs. 6,400 ( 64 dollars)
3. Twenty five litres of paint @ kshs 250 ( 2.5 dollars) per a liter, totaling to kshs. 6250 (62.5 dollars).
4. The remaining amount, kshs. 3, 350( 33.5 dollars) is for labor.

I am looking forward to be loaned kshs 58,000 (580 dollars) presently, God willing.
Thanking you in advance.

Micheal Ochieng Konyango

Feedback

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  • 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

$573.00

Date disbursed

Jul 18, 2017

Repayment status

On Time

Projected term

12 months

Lenders

T

Tmann

Los Angeles, United States

C

Christian

Saarbruecken, Germany

AH

Aleksi H

Helsinki, Finland

investor

Candiac, Canada

BelleStarr

Albuquerque, United States

AltruisticSelfishnes

Chicago, United States

lietu

Tallinn, Estonia

O

Oliver

Geneva, Switzerland

C

cgrumboski

Atlanta, United States

S

soren

Göteborg, Sweden

ErikN

Stockholm, Sweden

T

Tec69200

Jacksonville, United States

AndreaBravi

London, UK, Canada

T

Tallago3

Munich, Germany

Pere

Barcelona, Spain

johnandmoliehi

Canton, New York, United States

michellev

Melbourne, Australia

C

cjmenchaca

Austin, United States

J

Jessica

Patagonia, Argentina

R

rmacaw

Australia

S

SweAus

Adelaide, Australia

Jeff and Marcie

Portland, OR, United States

beverly

Vancouver, Canada

J

jjonas

berlin, Germany

cattlebaron

Pierre, SD, United States

H

hanh352

Homosassa, United States

L

Lenah

Vert Saint Denis, France

M

mattandrike

Arlington, United States

Myrar

Aarau, Switzerland

Z

Zippo

Berlin, Germany

A

andraz

Ljubljana, Slovenia

Cloudways

Malta, Malta

M

markusfitza

College Station, United States

P

PhilACK

Brampton, Canada

lorello

Vicopisano, Italy

H

Hello

Salisbury, United Kingdom

pentatonicscale

Niiza-shi, Japan

L

loistf

Madrid, Spain

G

Goodwill

Oakland, United States

P

Prysdahl

Marshall, United States

A

Andy

Berlin, United States

hugomesser

Blokker, Netherlands

G

glh25

Winooski, United States

rhagen

New York, United States

Bobrm2k3

Charleston, United States

nmatpt

Lisboa, Portugal

F

Fish42

Fairfax Station, United States

Zal0m0n

Atlantis!!!! x), Mauritania

gseletko

South Perth, Australia

F

Forfex

Zurich, Switzerland

D

doublehelix

Philadelphia, United States

xtrahardware

Cazenovia, United States

E

E

Marin county, United States

S

SanderBeckers

Brussel, Belgium

D

dcb1987

Chicago, United States

B

Berkeley100

Berkeley, CA, United States

sderickson

Berkeley, CA, United States

D

drorm

United States

D

DCLending

United States

J

Jonas

Linköping, Sweden

Paul Buchheit

Mountain View, United States

Pankratio

EastVan, Canada

K

karthich

Austin, United States

AltruismUSA

Los Angeles, Ca, United States

Brooklyn

Brooklyn, United States

mepster

San Francisco, Ca, United States

chriseyre

Fremont, Ca, United States

J

jsbisa

New Orleans, Louisiana, United States

B

bscent

Hong Kong

AndrewNeu

Ho Chi Minh, Vietnam

V

vbud

United States

Grant Xavier Storer

Seattle, Wa, United States

K

KiraDee

United States

B

Bennphoto

United Kingdom

C

Crainster

Chapel Hill, United States

reluck

Marseille, France, France

S

Stephan

Netherlands

Martin Ward

Leicester, United Kingdom

Haim Si

Mexico, Mexico

Dave Bogard

New York, United States

N

Niels

Berlin, Germany

R

Robert

Berlin, Germany

Cassian Opara

London / Dubai, United Arab Emirates

MD

Miles Dodge

CORVALLIS, United States

W

Wade

United States

Dominik Wagner

Karlsruhe, Germany

Jake Badger

Roskilde, Denmark

Lou Kaucic

Sanbornton, NH, United States

E

erica

antwerpen, Belgium

S

Susie

Christchurch, New Zealand

Kevin

San Francisco, United States

MK

Max Kolysh

United States

JD

Jeff DePree

United States

ME

Manaal Eisa

Washington DC, United States

E

Elliott

United States

TH

tom hd

United Kingdom

Carla

Amsterdam, Netherlands

M

Mart

United Kingdom

PG

Paul Graham

United States

G

GS2

Germany

N

Nick

Greater London, United Kingdom

N

Nick

United States

E

ebahlquist

United States

MS

Mark S Yourek

United States

jless

Bethesda, United States

Paul Smithson

Leeds, United Kingdom

Rosario von Li

San Jose, Ca, United States

A

Andrei

United States

terveer

Netherlands

JM

Jo McDonnell

United Kingdom

Shawn Stice

Kansas City Missouri Central Region USA, United States

Christopher Hey

Sudbury, Canada

Taylor

Memphis, United States

Cliff

United States

AV

Alex Victor

Scottsdale, United States

NR

Nick Rioux

United States

SH

Steven Huntington

London, United Kingdom

UK

Uday Kolluri

New York, Singapore

Rory McLaughlin

Dallas, United States

Y

YTSJ

London, United Kingdom

KE

Karen Epolito

Syracuse, NY, United States

P

Phips

Switzerland

LK

Leslie Kelly

United States

I

isaac

United Kingdom

RC

Rudi Chen

United States

SR

Sharyn Ribich

United States

Carla

United States

MS

Marcus Siegel

San Francisco, United States

E

Elynne

United States

SA

Steve A

Newbury, United Kingdom

HPK

Switzerland, Switzerland

Myria

New Mexico, United States

Angela Linwood

Minneapolis, Minnesota, United States

Kevin

United States

B

Brett

Australia

Zack Stein

United States

GA

Giovanni and Yelena

New York, Ny, United States

Sinan Taifour

Munich, Germany, Germany

K

KH

United Kingdom

E

Elle

New York, United States

L

Linda

Germany

SA

Shar Alamdari

Los Angeles, United States

J

Jon

United States

Craig Newmark

United States

H

Hans

Czech Republic

The Zinc Team

San Francisco, United States

Benjamin Kniaz

Boston, United States

RR

Rory Rohloff

United States

SH

Stephanie He

United States

WS

Warren Shen

United States

Andrea

Rome, Italy

Humble Bundle Community

San Francisco, United States

chessplayer

Berlin, Germany

Geoguillot

California, United States

Day Family

Melbourne, Australia

RG

Ryan Gough

United States

BP

Bill Piper

United States

D

Dalton

San Francisco, United States

HCPSPIRIT

Helsinki, Finland

Charles Magnuson

Burlingame, California, United States

Dean Suminski

Portland, Oregon, United States

ED

Eunan Doherty

donegal ireland, Ireland

Kenny

San Diego, United States

M

Mack

Harbor, Oregon, United States

GC

Gabriel Collins

United Kingdom

France

R

RMIM

United States

MM

Mike McGary

United States

Mike

Indianapolis, United States

WC

Walter Clarke

Phoenix, United States

CA

Carles Alcolea

Barcelona, Spain

Paul Buchheit

Mountain View, United States

J

James

Los Angeles, United States

AS

Andreas Schäfer

Basel, Switzerland

A

Anonymous

United States

afaness

Germany

John Barnett

United States

R

rica

United States

D

dsf

United States

Nethanel Kohen

NYC, United States

B

Bartl

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

JR

John Rhee

United States

HB

Hugo Boss

United Kingdom

MR

Mary Reardon

United States

BL

Bill Lowery

United States

Metalfreund

Berlin, Germany

CJ

Clarissa joshua

United Kingdom

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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