Purchase of a water tank for my irrigation

Geofrey

Kishagi, Kenya

8% repaid

Entrepreneur

Name

Geofrey

Member since

February 2015

On-time repayments

45 installments  •  47%

About Me

I am married and father of one son, i was born in the rural part of wetaern part of Kenya vihiga constituency, i went to school in the rural area, my parents were not very able financially this lead to a lot of difficulties in my high school education, at a time i had to work in the farms of neighbors to help out to raise fees, buy my school uniform, this uniform was also my everyday attire at home and my best Sunday best, i didn't have shoes,, i slept on a piece of cloth that formed my blanket, where i was raised we only had two meals a day breakfast and late dinner.This made me strong ot be more patience in life because i learnt that life is a process and good things will come if i go after them and my past can not define my past.

My Business

Like my parents i am very close to agriculture i grew up in the farm, my business involves growing of vegetables i have a kiosk, which i use to supply and retail, sukuma wiki, cabbages, spinach, dhania, i grow this type of vegetables because where my business is situated this is what the people use in their daily life as major food, vegetable is consumed over 99% of the house holds in the informal settlements, this is what we raise our families on.The profits that i get i use them to pay my son's fees, rent for the kiosk, and my entire life of course runs on this business.

Loan Proposal

The loan will go to the purchase of a water tank reservoir, i want to always have water when there is no rain, in the future i want to have drip irrigation system, so i want to buy the units piece by piece slowly, one thing at a time, i want to start with a tank of 5000 liters, with this type of tank i will have enough water to last me at least two weeks before i pump more water into the tank. The weather has changed so much that we dont get rain like we used to its more sun and more sun, currently the average farmer must rely on irrigation if not poor yields that leads to looses, the tank will 12000 kshs, with the tank i will be able to plant all year round. thus grantee me of yields and profits, for my family it will be an investment to the business and a secure future.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$121.00

Date disbursed

Aug 19, 2015

Repayment status

Late

Projected term

5 months

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  • Moses    May 27, 2018

    Dear lenders I met Mr Geoffrey in person and reminded him of this debt, he said he was very sorry and he is working on ways to clear his debt, I told him to personally post a message to the lenders.

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  • Moses    Apr 26, 2018

    Dear lenders I have talked to Mr Geoffrey, he is looking forward to making sure that he pays all his loan and borrows another loan, I have requested him to post a messega here

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  • Moses    Sep 28, 2015

    Dear lenders i have talked to Geoffrey and he said he feeling very guilty for not keeping a good record like the first loan, but he has promised to get back on track, i also explained how to reduce his weekly amount.

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  • Wendy Emlyn    Sep 1, 2015

    Thanks for your first payment, Geofrey.
    God bless you,
    Wendy

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  • Geofrey    Aug 16, 2015

    Dear lenders my family and i we are very grateful for you kind support towards our future, this is going to enable me to secure my families future, its a step in the right direction, thank you very much i will be updating the progress.

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  • Geofrey    Aug 1, 2015

    Dear Lenders my apologies for the delayed payments, i am clearing it , i just had a set back because of my son's school fees, other than that on back on my feet.I request you bare with me.

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  • Geofrey    Apr 5, 2015

    I would like to thank all the lenders for their support i increased my stock the kiosk is running and making profits my son is benefiting from these profits because i am able to pay his fees easily.

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