Purchase of farm tools and seedlings

Michael Ogunda

Kamgere Village, Rusinga Island, Kenya

100% repaid



Michael Ogunda

Member since

February 2015

On-time repayments

57 installments  •  67%

About Me

I was born in Rusinga Island in Lake Victoria, Kenya. Rusinga Island is a semi-arid area and the main economic activity is fishing. Being the 5th born in a family of ten children, my father was a peasant farmer and fisherman. He was a soldier in the 2nd World War. My mother was a peasant farmer.

I did both my primary and secondary education in Rusinga Island though I did not continue to College due to lack of College Fee. After my high school, I ventured in small-scale farming in a land given to me by my father. It's adjacent to the lake and I have tilled this land for the past 7 years. Farming is a very good business in this area as many people are involved in fishing and hardly get time to invest in farming.

Rusinga island is the home of Proconsul (early man), many tourist do visit Rusinga Island for excavation of remains of the early men and wildlife.

My Business

Farming is the core business that supports my family. I do plant bananas, tomatoes, onions and vegetables. The fact that Rusinga Island is adjacent to Mbita Township with an estimated population of about 14,000 people, the fresh farm produce are in high demand in this area. In a very good season when I invest about Ksh 9,000, I do get about Ksh 7,000 as a profit per season. With good seedlings and equipment, I will be able to plant more crops and get more harvest for good selling this year.

The money realized from the farm are being used to meet my family needs and educational cost for my four children in Primary School and 1 High School.

Loan Proposal

With the 1st Loan of Ksh 4,000 will be used to buy one fork jembe,c1 spade,1 watercan, 2cpangas and assorted seedlings.

With the right tools, I will be able to plant in time and harvest in good time for selling to the local market.






Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

Feb 20, 2015

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Lender interest: $50.19 at 0.30% annual rate over 2 months = $0.03

Service fee: $0.37



San Francisco, Ca, United States



United Kingdom

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  • Michael Ogunda    Aug 3, 2015

    I will re-adjust when the business picks up.

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  • Michael Ogunda    Jul 17, 2015

    Thanks alot dear ZIDISHA lenders for the loan. I will use it to buy seedlings and add more farm equipments. God bless you all.

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  • Michael Ogunda    Jul 14, 2015

    I am happy with ZIDISHA and I would like to appreciate you for your financing. The interest for loans are very very low.

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  • Michael Ogunda    Jun 15, 2015

    I am sick and the business is not operating. I will adjust my loan repayments.

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  • Michael Ogunda    May 14, 2015

    I want to sincerely thank ZIDISHA lenders for having loaned me KES 10,900. This money has greatly impacted my business positively.

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  • Michael Ogunda    May 4, 2015

    Thanks alot my funders for having trusted me once again with this funding. It will really boost my farm output and help in educating my children. God Bless You All!

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  • Michael Ogunda    Apr 27, 2015

    I want to sincerely thank ZIDISHA Lenders for having loaned me KES 4,500. This money has really helped me in my farm business. I have planted new crops and I look forward to my 2nd loan of KES 11,000 to expand the farm business further.

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