Bernard Cheruiyot
Siwot Village, Kenya
100% repaid
Name
Bernard Cheruiyot
Member since
October 2013
On-time repayments
97 installments • 47%
I am a businessman and a farmer from Keringet, Kuresoi constituency in Nakuru County. My business is in Information Technology sector; I own a cyber cafe and a computer services shop in Molo. My business in situated in Tuulek House, Olenguruone centre, Kuresoi South Sub-county.
I offer computer services: cyber, typesetting, designing various items, printing, photo-printing, photocopy, scanning, lamination e.t.c).
In farming, I grow potatoes, peas and rear sheep.
I started the business in October 2012 with a computer which my friend assisted me with. I had to lend a printer from a friend at a monthly fee. The little amount of money I had was used to pay for office rent and license fees.
The business has been successful; currently I have acquired my own machines worth over (USD 1,948) and own other assets (bought directly from business income) worth over (USD 8,534).
I am also currently investing in a sheep farm.
The only hindering factor is raising enough capital in a short span of time; but I believe ZIDISHA is going to assist me solve this problem.
Firstly, I want to take this opportunity once again to thank all the lenders who funded my last three loans. I really appreciate you people for your kind hearts and generosity. May God bless you as you extend you kind hands to others.
Secondly, let me put my request again to be considered for more funds to buy more ewes. This will allow me get nearer to my target of 50 sheep. Currently, I have managed to buy 24 sheep.
The profits from the farm will help me in paying school fees for my siblings.
Your consideration will highly be appreciated.
I will pay the loan comfortably from my business income.
Thank you.
Positive
4
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$144.54
Date disbursed
Feb 28, 2015
Repayment status
On Time
Projected term
6 weeks
Cost to entrepreneur
Service fee: $0.64
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Amount repaid
$145.40
Amount remaining
$0.00
Date repaid
Apr 6, 2015
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Mar 8, 2015 | $24.22 | Mar 7, 2015 | $24.22 |
Mar 15, 2015 | $24.22 | Mar 7, 2015 | $0.22 |
Mar 14, 2015 | $24.00 | ||
Mar 22, 2015 | $24.22 | Mar 21, 2015 | $24.22 |
Mar 29, 2015 | $24.22 | Mar 27, 2015 | $24.22 |
Apr 5, 2015 | $24.22 | Mar 27, 2015 | $3.56 |
Apr 4, 2015 | $20.67 | ||
Apr 12, 2015 | $24.29 | Apr 4, 2015 | $0.44 |
Apr 6, 2015 | $23.84 |
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