Purchase of farming equipments and fertilizer

George Orwa

Nairobi, Kenya

35% repaid

Entrepreneur

Name

George Orwa

Member since

May 2014

On-time repayments

97 installments  •  31%

About Me

Am a Kenyan aged 34,I come from Homabay county,homabay district,Rangwe division ,Kagan location,Komenya sub location ,Konyango Atieno village,Chiepe school area.I started my primary education at chiepe primary school where I did my KCPE in the year 1998.I then joined Luora secondary school where I did my KCSE examination and attained grade C (plain).I started this farming business to enable me further my education to college level,Assist my mother who is a widow,Siblings,my family and myself.Have manage to employ some community members to help me in the farm, have also purchased some piece of land to expand my farming and some farming tools.My hobby is advising idle youths to do something that can generate income and empower them.

My Business

Am currently doing farming business in the rural part of the country and selling the produce to the urban centre of the country.I will use this loan to buy more farming tools and fertilizer,I will pay back this loan with money from the sale of the farm produce.Members of the community and other customers prefer my goods due their good quality and they are affordable compared to my competitors.My business is profitable because the produce is always more than the capital used.The risk my business faces is drought but we mitigate that with irrigation.My monthly income is around USD750 my monthly Expenses is around USD600

Loan Proposal

I will use the loan if granted me to purchase farming equipment (hand cultivating machine)and fertilizers.The benefit will be increase in quantity and quality of my farming produce and this will result to more monthly additional income of a round USD225 these money will be used to improve my farming hence gross result of better life of I and my family.Am requesting lenders to support me because am not in a position to it by myself though my wish is to see my farming expanding.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$447.56

Date disbursed

Aug 29, 2014

Repayment status

Late

Projected term

20 months

Cost to entrepreneur

Lender interest: $447.56 at 5.26% annual rate over 20 months = $38.93

Service fee: $26.43

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Ask George 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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  • Moses Esemele    Sep 28, 2015

    Dear lenders i have not yet talked to George but i will do that this week and get back to soonest.

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  • shappysfunland    Sep 13, 2015

    George?

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  • shappysfunland    Jun 9, 2015

    The repayments have stopped. George?

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  • shappysfunland    Apr 22, 2015

    Thank you for the recent payment, George.

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  • shappysfunland    Apr 2, 2015

    George, the payments have stopped recently since February. Can you please provide some insight? Thank you.

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  • bconrad    Dec 2, 2014

    Dear Lenders,

    Due to a data entry error, a payment from George on November 21st was entered multiple times erroneously. Once this error is fixed in our system, the funds in your lender accounts will decrease accordingly. We apologize for this error and any inconvenience it causes you!

    Thank you,
    Bayle, Country Liaison Manager

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  • George Orwa    Sep 22, 2014

    Hi lenders am currently sick and am admitted in the hospital am requesting to reschedule my loan to ksh500 per week, then if I resume my normal health I will resume my normal payment rate of ksh1909 it is my wish that lenders will accept my humble request.This should not sound to members as let down am committed to grow with Zidisha and I will do my best possible to prove my seriousness to lenders

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  • George Orwa    Aug 24, 2014

    Thanks to zidisha team for congratulating me on my work God bless you all.

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  • Kinya Edith    Aug 23, 2014

    Good luck with the fundraising... hope mine will be funded too.

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  • Naomi Wangui Kibinge    Aug 23, 2014

    Dear lenders,

    I cant stop letting you know that the job you are doing is so great,i kindly ask you to look on my page too and be able to read my story and my loan proposal

    Thank you

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  • George Orwa    Jul 9, 2014

    Am really doing good with
    My farming thanks

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  • George Orwa    May 29, 2014

    Am grateful to all to my lenders.

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  • George Orwa    May 27, 2014

    Photos of my farm

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  • George Orwa    May 24, 2014

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  • George Orwa    May 24, 2014

    @boingrid and tonilends thanks a lot for the lend I promise to update you people on my progress with the loan

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  • George Orwa    May 23, 2014

    Am requesting Zidisha Lenders team to assist me achieve my goal in life through the loan.

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