Irrigation pump for farm

Kevin Murunga

Omeri, Kenya

6% repaid

Entrepreneur

Name

Kevin Murunga

Member since

December 2014

On-time repayments

115 installments  •  6%

About Me

My name is Kevin Murunga, from Teso south sub county, Busia county western Kenya. I am the last born in a family of 6 and was raised with my step mother, after my parents passed on while I was young. I schooled at the Burumba primary school and later Joined St Lukes secondary school where I successfully completed my secondary Education.
I am currently I still leaving with my aunt, she has given me a farm where I grow traditional African vegetables and sale them to get money to buy my basic needs and save for fees. The business has proven great potential should I get an opportunity and resource to expand it. I grow traditional African vegetables , and the demand is very high, I always turn down many offers because since I don’t have the potential to supply in large scale. Clients prefer my products because they are always fresh and clean. I have always maintained high standard of cleanness and quality so as to always be the most preferred supplier.
I come from a region where there is the iteso dance.This a special dance only done by Iteso community and most Kenyans identify it.
During my free time, I always like playing basket ball, teaching my nephew how to read and write. I love my garden and so I spend quite a lot of time working on it. My hobbies include dancing, swimming, socializing and eating.
I am looking forward to positive interactions with the Zidisha team and all the stakeholders. I am trustworthy and honest young man who can be trusted with loans.
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My Business

My name is Kevin Murunga,I come from Teso south Busia County, in western Kenya .I am a small commercial farmer, engaging in traditional African vegetables and kales. I provide fresh, and high quality vegetables to my clients.
I have about 1 acre of land but currently I only utilize quarter of the land, since I don’t have the resource for expansion. I grow traditional African vegetables and sell it to fellow villagers and wholesalers who come to my farm. The business is profitable because the vegetables grow very fast and that means more money for me. I rarely use fertilizer and that has greatly increased my revenues, since I cut on the cost of production and contribute positively towards environment related issues.
I spend $50 as production costs each month, (buying seeds and labor) .My monthly revenue is $180 and so in a good month I make a profit of upto $150.
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Loan Proposal

Happy holidays ladies and gentlemen.
Its is my pleasure ,to join zidisha .I am writing to request for $100 to buy irrigation pump for my small farm.This loan will be so vital to mean since the dry season has already started and had only saved $25 ,yet the pump is $120. I believe and trust you will support me and thank you in advance.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.18

Date disbursed

Dec 28, 2014

Repayment status

Late

Projected term

26 months

Cost to entrepreneur

Lender interest: $100.18 at 5.26% annual rate over 26 months = $11.65

Service fee: $8.19

Lenders

A

amnesiac

Adelaide, Australia

J

Jyoti

Herndon, United States

S

shrike718

West Chester, United States

A

AskTheFather

Honey Grove, United States

E

Esseni

Cincinnati, United States

E

elourenco

Porto, Portugal

A

akshu71

Ottawa, Canada

A

ajstanson

United States

P

Prometheus

Duisburg, Germany

NathanMoore

United States

KM

Kirsty M

United Kingdom

Franmiguel

Perth, Australia

Tony Morrison

Saint Petersburg, florida, United States

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