Loan to expand sheep house and buy two other sheep

Shadrack

Koiluget Village, Kenya

25% repaid

Entrepreneur

Name

Shadrack

Member since

June 2014

On-time repayments

167 installments  •  4%

About Me

My name is Shadrack Mutai a Kenyan citizen,I am a last born in family of ten,six boys and four girls,My home place is located in in koiluget viillage chepngoror location,Ainabkoi Division,Uasin Gishu County of Kenya,thisis also 41 kilometers South East of Eldoret town.

I a small scale farmer invovled in sheep rearing and crop farming.Sheep rearing and selling takes short time to reproduce and requires less grass compared with other kind of livestock.

I like assisting the less fortunate in the society with the little profit I get and vteach the youth to be self dependent and be resposible citizens.

My Business

My name is Shadrack Mutai a Kenyan citizen,I am a last born in family of ten,six boys and four girls,My home place is located in in koiluget viillage chepngoror location,Ainabkoi Division,Uasin Gishu County of Kenya,thisis also 41 kilometers South East of Eldoret town.

I a small scale farmer invovled in sheep rearing and crop farming.Sheep rearing and selling takes short time to reproduce and requires less grass compared with other kind of livestock.

The the demand for mutton is high and this has made me to invovle my self in this kind of agribusiness,I also buy sheep from farmers and sell them to some farmers making a profit.
The profit I get is ploughed back to the business.Tjhe major challenge I face is inadequate funds for expansion,treatment and expansion of the sheep house.I believe with $140 I will be able to do the above.

I will be able to repay the loan through the profit I get from selling sheep

Loan Proposal

With the loan of $140 I will be able to extend the sheep house,buy drugs for teatment for the sheep and buy two other sheep so that I can expand my business.

I will also employ one disadvantaged person in the society to take care of the sheep and help me feeding them when I am away.This will enable him/her feed his/her family and be self dependent in the future.

With your funding employment will be created and supply for mutton will be achieved.This will go in along way in improving the gross domestic product of my country hence increased per capita,reduction of poverty levels and raised standards of living and improved access to health facilities due to raised income.In general the millenium development goals will be attained.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Jul 28, 2014

Repayment status

Late

Projected term

39 months

Lenders

P

phangsang

Seattle, United States

indeh

London, United Kingdom

V

Valis

Singapore, Singapore

fairspirit

Utrecht, Netherlands

Sarasota

Sarasota, Fl, United States

T

thebonseung

Republic of Korea

Matching Fund

Sterling, United States

J

jbhernan

United States

Leonardia

Waddinxveen, Netherlands

DennisM

Netherlands

tricia190

Liverpool, United Kingdom

Ask Shadrack 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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  • Lawi    Jul 6, 2015

    Not able to speak with Shadrack for a record fifth time in a row...I think he is avoiding me

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    • tricia190    Jun 15, 2016

      Such a shame about Shadrack as he could have depended on Zidisha's help with his business. Looks like he has started repaying ok now though ?

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  • Lawi    Apr 27, 2015

    my efforts to reach Shadrack havent been successful since his phones are off.

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  • Lawi    Mar 4, 2015

    Dear lenders, I am the VM assigned to Shadrack and I have been trying to reach him for the past few days but it seems all his phone lines are switched off and hence I was not able to make contact with him. However, I will give any update incase I reach him.

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  • Shadrack    Mar 2, 2015

    Hi due to high economic hardships and inconsistent flow of cash in the kind of the business I am involved in i seek to adjust the installment.This is only for some time and when things run on well i should adjust to amount higher than this.

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  • Lawi    Feb 2, 2015

    Dear Lenders,
    I am the newly assigned volunteer mentor to Shadrack, I was able to get hold of him on the phone and apparently he lost access to his account and hence he has not been able to log in to the account. He however, promised to resume the repayments as soon as he gains access to the account.

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  • Henry    Oct 14, 2014

    CONGRATUKLATION SHADRACK IN YOUR BUSINESS

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  • Shadrack    Aug 30, 2014

    Hi Zidisha team I take this opportunity to reschedule my loan payment.The economic situation as not be good for me.But i believe this is not going to be permanent as change is inevitable.i will reschedule my loan to suit the current profit i made once things go on well.

    Thanks for continued support and patience.

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  • Shadrack    Aug 8, 2014

    Hi Zidisha lenders i repaid the loan yesterday on 08/08/2014 yet i don't see any change on the repayment schedule.Thanks

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    • tricia190    Aug 27, 2014

      Hi Shadrack , your repayment will only get updated at certain times , so do not worry if it does not show immediately. I do hope that you are doing ok and wish you all best wishes for your business
      Tricia

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  • Shadrack    Aug 8, 2014

    Hi Zidisha lenders i repaid the loan yesterday on 08/08/2014 yet i don't see any change on the repayment schedule.Thanks

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  • Shadrack    Aug 6, 2014

    My name is Shadrack Mutai a resident of Koiluget village in Uasin Gishu county Kenya.

    I take this opportunity to write to Zidisha team to allow me change my repayment schedule.

    My business involves buying and selling sheep in order to get profit.This week has not been rosy to me due instability in market demand and thus making it difficult to fully pay the agreed weekly amount of kenya shillings 2179.

    In this regard therefore I write to accept my situation and change my repayment schedule.
    As soon as the business goes on well I will resume to my original schedule.

    Thanks in advance and looking forward for your response.

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  • Shadrack    Aug 5, 2014

    Hi zidisha team,am going on well despite the few challenges i encounter,though it is normal all the business set up,all the best

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  • Shadrack    Jul 29, 2014

    Thanks alot me.iulian from Romania,all the best in your future endeavours and continued support in Zidisha

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  • me.iulian    Jul 29, 2014

    Good luck and best wishes!

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  • Shadrack    Jul 28, 2014

    Thanks alot to Zidisha,I have already received the money and ready to expand the sheep shed and buy two sheep as per the request of the loan.Great thanks goes to all the Zidisha team including all the lenders and team of volunteers.

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  • Shadrack    Jul 26, 2014

    Thanks Tricia for congratulating me and your continued support for adding up to the lenders list in my loan funding.Be blessed abundantly and thanks a million.

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  • tricia190    Jul 26, 2014

    Well done Shadrack on achieving your fully funded loan . Congratulations and Good Luck x

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  • Shadrack    Jul 26, 2014

    Thanks alot Zidisha lenders for fully funding my loan.I am waiting for the money in the account.I promise on time repayment of the loan.Long live Zidisha lenders and all the team.Thanks a million.

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  • Shadrack    Jul 26, 2014

    Hi Zidisha lenders thanks for your continued support,my loan is now 69% funded.Please please i humbly request for its completion to enable me go ahead with daily business.Thanks in anticipation and long live Zidisha lenders.

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  • Shadrack    Jul 25, 2014

    Hi Zidisha I thank you for the support and kindly request you to fully fund the remaining portion of the loan,my loan is now 66% funded and humbly request the Zidisha team to fund the remaining.Thanks in advance

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  • Kevin    Jul 25, 2014

    Hi to Zidisha Lenders, please please complete the remaining 51 dollars for Shadrack Mutai's loan, I plead on his behalf.

    Thanks to all for the support!

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