Loan to buy seedlings for planting in food farm

Michael Ogunda

Kamgere Village, Rusinga Island, Kenya

100% repaid



Michael Ogunda

Member since

February 2015

On-time repayments

57 installments  •  67%

About Me

I was born in Rusinga Island in Lake Victoria, Kenya. Rusinga Island is a semi-arid area and the main economic activity is fishing. Being the 5th born in a family of ten children, my father was a peasant farmer and fisherman. He was a soldier in the 2nd World War. My mother was a peasant farmer.

I did both my primary and secondary education in Rusinga Island though I did not continue to College due to lack of College Fee. After my high school, I ventured in small-scale farming in a land given to me by my father. It's adjacent to the lake and I have tilled this land for the past 7 years. Farming is a very good business in this area as many people are involved in fishing and hardly get time to invest in farming.

Rusinga island is the home of Proconsul (early man), many tourist do visit Rusinga Island for excavation of remains of the early men and wildlife.

My Business

Farming is the core business that supports my family. I do plant bananas, tomatoes, onions and vegetables. The fact that Rusinga Island is adjacent to Mbita Township with an estimated population of about 14,000 people, the fresh farm produce are in high demand in this area. In a very good season when I invest about Ksh 9,000, I do get about Ksh 7,000 as a profit per season. With good seedlings and equipment, I will be able to plant more crops and get more harvest for good selling this year.

The money realized from the farm are being used to meet my family needs and educational cost for my four children in Primary School and 1 High School.

Loan Proposal

I need a 2nd loan from ZIDISHA to enable me buy the following for my farm business;
- Tomatoes Seedlings worth KES 4,500
-Maize Seeds worth KES 1,000
-Sourghum Seeds worth KES 1,500
-5Kgs of Fertilizer worth KES 2,000
-Beans Seeds worth KES 2,000

I am looking forward to having a bumper harvest and repaying the loan on time. With these seeds, my profit from the business will grow by 30% and the increased income will enable me to educate my children without interruption.






Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

May 4, 2015

Repayment status

On Time

Projected term

5 months

Cost to entrepreneur

Service fee: $4.30



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