Peter's Farm

Peter

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Peter

Member since

April 2015

On-time repayments

166 installments  •  83%

About Me

I was born in a family of five as the first born,I went to primary school through Collage,I din't go to a nice Collage because of school fees and my siblings,After collage i started a church with the principle that i would not get any money from it but support it,i lost all my friend , but now people who are joining us are growing in many ways, in business I started farming when i was very young and was inspired by my Grandfather,I raised chicken which paid my school fees,and had some left for my pocket money,Because of the passion in farming ,I live in a culture where people depend on farming ,but the don't do it smart,and i want to be a solution and let them know and see that farming is business,not just a way of life.

My Business

After venturing into mixed farming afew years ago I can see the fruits of my labor. I started with poultry the moved to dairy cows,and all this has been through Zidisha. Now I have 500 layers and another 250 chicks to replace the layers once they are old in the next six months. I then bought some. Dairy cows venturing into production of milk I have three and four haifers and thee bulls. From these. I am able to pay school fees and support my family and the less fortunate in the community. This loan iam applying today I want to raise ten young bulls for butcher at the end of the year a will be buying them for seven thousand fatten them and sale the after a year for 40k.my strategy is for the current project the chickens and cow pay for the bulls. From which I plan to buy land at the end of the year after selling them and borrowing another loan. Thanks Zidisha.

Loan Proposal

The loan will be used for expanding the farm,200 dollars will be used to purchase building materials .The remaining 300Dollars will be used to buy Feeds ,vaccines ,feeding troughs, and drinkers ,,with this the profit will go up by 15 %and employ one more person to help. At the end of repaying my loan I will make 200 dollars profit from the loan.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$504.00

Date disbursed

Mar 22, 2016

Repayment status

On Time

Projected term

5 months

Lenders

Paul Buchheit

Mountain View, United States

KieranB

Ireland

Jeremy

Washington State, United States, United States

Y

YP

Malaysia, Germany

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

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