Purchase of farming equipment

Simon Munyua

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Simon Munyua

Member since

October 2015

On-time repayments

315 installments  •  84%

About Me

During my childhood within school holidays I would work for our neighbours, I would cut grass and weed there shambas. Slowly I would keep aside 10 percent of my earnings into a cash box as I was to young to open a bank account. I saved the money untill I was 18 which I had saved enough for me to purchase my first computer and would start working from the house typing assignments for my classmates. I continued the same routine of saving 10 percent of total income which enables me to buy another computer and start the bureau.

Currently I have had three Zidisha loans. The first one managed to inject in more stock to the my cyber business. I was able to buy more computers and a printer. The second loan I took I used it to inject into my farming business.

So far with Zidisha things have been looking up good. I am very great full and thus would request for funding to continue with the farimng business as we head to the rainy season. At the moment the money shall be used to buy potatoes seed and prepare the grounds. I have some photos of the work in progress and would share in a moment.

My hobbies including swimming and watching motorsports

My Business

Sell of photocopy services, cyber, computer repairs and sell of stationery items at section 58 nakuru town
The main reason for cyber services is to enable a common mwanainchi access goverment servcies since all goverment services have been taken online by the goverment.

Computer repairs and sell of stationery to the local schools in order to save for them time to go to town to access the same services.

Typical cost: Water and electricity bill., internet cost, salary , and rent.

Revenue : cyber , sale of stationery, computer repairs and sales, sales of sodas and ice cream
Thansk to Zidisha the cyber business is doing good, with this loan application I shall be able to split the money 50:50 Which I shall split and pump into the cyber business for the purchase of furniture and fittings. The balance of the amount I will use it in the farming business.


The profits I make i shall give 10 percent donation as charity donation for a church ministry in my local church. The rest of the profit I shall reinvest back to the business.
I know with zidisha I shall be able to complete the two projects with a success story

With the help of zidisha lenders I have also expanded my farming business of planting potatoes upto 2 acres. Thanks and be blessed zidisha lenders

Loan Proposal

Hi Zidisha,

Thank you once again for the opportunity for another loan. I would appreciate a loan this time I would like to expand my farming venture. I will use the money as follows:

Farm tilling per person 1500*2 = 3000

Purchase of tree seedlings 6000,

Fencing 3000

Transport cost 3000.

by doing this project I shall have created jobs for the tillers through there wages. I will also make a profit one I start to harvest the trees.

Thanks

Zidisha

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.39

Date disbursed

Feb 3, 2016

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: $6.24

Lenders

C

Christian

Saarbruecken, Germany

Elinor

Maple Lake, MN, United States

COOPITALIST

Toronto, Canada

ErikN

Stockholm, Sweden

F

FHult

Stockholm, Sweden

johnandmoliehi

Canton, New York, United States

tasos

hove, United Kingdom

H

hanh352

Homosassa, United States

E

erogers

Vancouver, Canada

M

marcmesich

Kaohsiung, Taiwan

A

Andrii

Kiev, Ukraine

D

Dutch_lender

Leiderdorp, Netherlands

L

Lolababalola

Ames, United States

D

Dianatalk

Netherlands

Justin

Connecticut, United States

J

JeffH

United States

P

plhughes

United States

E

Erika

Buffalo, United States

L

Lagrange

United States

I

ident

Horsholm, Denmark

Y

Yanque

Madrid, Spain

P

pnrjulius

United States

K

Kelly729

United States

SK

Sebastian Krohn

Amsterdam, Netherlands

D

Daniel

Stuttgart, Germany

AA

Adam Atlas

Montreal, QC, Canada, Canada

A

Alan

United Kingdom

T

Tarik

Ludwigshafen, Germany

Kate Courteau

United States

E

erica

antwerpen, Belgium

Cameron Graham

Nashville, TN, United States

JD

Jeff DePree

United States

Oliver Hasenberg

Iserlohn, Germany

Marcus M

San Antonio, Texas, United States

ME

Manaal Eisa

Washington DC, United States

WE

Wendy Emlyn

Devon, United Kingdom

RM

Robert Mulley

United States

AH

Adam Hill

United States

KM

Kelly Murphy

United States

Caroline Cress

Seattle, WA, United States

BC

Best Chapman

United Arab Emirates

BB

Ben Bellows

United States

Corina King

Calgary, Canada

Framework Eyewear

Utrecht, Netherlands

C

chryddi

United States

NO

Nancy Owen

United States

BS

Betsy Stevens

United States

B

Brent

United States

Martin Nielsen

Aarhus, Denmark

Ask Simon a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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