Purchase of equipment

Simon

Mutonyora, Kenya

12% repaid

Follow Simon How it Works

Entrepreneur

Name

Simon

Member since

June 2018

On-time repayments

63 installments  •  81%

About Me

am a business man committed to serving both my farmily and members of the community.since my childhood,I really love helping the needy.i have done that for over twenty years.

My Business

during my childhood,we encountered some problems which came from the drought which affected my area of residence greatly.due to that,I was forced to drop-out of school because my parents could not afford to raise us alone.i started working in a nearby farm of a certain friend who was doing it through irrigation.that is where I gained knowlege of farming.i have done it for many years and it have helped me raise my farmily and also the needy.

Loan Proposal

as for now,am using a small equipment to irrigate part of my farm.i want to hire a bigger farm to enable me to meet my customers'demand which is currently very high.therefore,I want to use the loan to purchase a bigger aquipment for irrigating my farm.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$400.00

Date disbursed

Jun 4, 2019

Repayment status

Late

Projected term

6 months

Other loans

Aug 2018:  $1

Aug 2018:  $13

Sep 2018:  $25

Sep 2018:  $37

Oct 2018:  $41

Feb 2019:  $158

Lenders

M

Margaret

United States

Paul Buchheit

Mountain View, United States

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  • Simon    Aug 26, 2019

    this is due to the poor prices that have been affecting my farm products.and also other farmers within my area

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  • Simon    Aug 14, 2019

    another part of my project

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  • Simon    Aug 14, 2019

    another part of what I have been doing

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  • Simon    Aug 9, 2019

    another part of my project.thank you for the loan

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  • Simon    Jul 18, 2019

    this is due to the lower prices of the farm produce affecting my area

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  • Simon    Jul 5, 2019

    another part of what I have been doing.thank you for the loan.it has taken me some steps ahead.God bless you.

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  • Simon    Jun 18, 2019

    this part of what I have been doing

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  • Simon    Jun 18, 2019

    I bought a watering pump(for irrigation)and the work is going on now.despite low prices of the farm produce affecting my area,my farm produce have increased greatly!

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  • Simon    Jun 16, 2019

    I will not be able to repay the scheduled amount due to the poor prices of the farm produce that have been affecting my area

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  • Simon    May 31, 2019

    thank you.i will buy an equipment to irrigate my farm.

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  • Simon    May 30, 2019

    the loan has been of great help to me.i bought a small machine which am using to irrigate part of my farm.my farm produce is now doing very well.that is why I repaid my remaining loan balance in full today.

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  • Simon    May 23, 2019

    this is due to the poor prices of the farm produce that have affected my area for awhile

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  • Simon    May 22, 2019

    I purchased a small watering pump to use in my farm.it have been helping me to irrigate my farm(small portion)because the equipment is also small and it's not able to irrigate big farms.am looking forward to purchasing a big equipment to enable me irrigate big (farms)if I get higher loans in the future.otherwise,thank you for the loan it has helped me Abit.

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  • Simon    May 17, 2019

    it is due to the poor prices of the farm produce which are still down

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  • Simon    Apr 19, 2019

    this is due to the poor weather condition within my arear,which has also affects my farm produce greatly

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  • Simon    Mar 8, 2019

    this is due to the poor prices of the farm produce within my area.the farm produce are very good,but prices are very poor.

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  • Simon    Feb 3, 2019

    this is due to the poor and low prices of the farm produce within my area.

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  • Simon    Jan 22, 2019

    thank you for the loan.I invested in my business(farming).my farm produce did well but the prices are very poor.otherwise,am doing my best to make sure that I repay the loan.

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  • Simon    Jan 22, 2019

    thank you for the loan.I invested in my business(farming).my farm produce did well but the prices are very poor.otherwise,am doing my best to make sure that I repay the loan.

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  • Simon    Dec 30, 2018

    this is due to poor prices the farm produce that have been affecting my area for a while.that is why I will not be able to repay the schedued due amount.

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