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Shadrack

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Shadrack

Member since

January 2014

On-time repayments

59 installments  •  12%

About Me

MY NAME IS shadrack.i am the second born in a family of two.My parent home is makueni,iam i have been in eldoret since 2005,when i finished mass communication at Nairobi technical institute, i went to schedule mostly of my time in Eldoret to close at my farming.
My father had a peace of land in Eldoret and since it a land for farming ,i had been basically doing it for farming now for the last 4year.
last year i planted maize and beans and i was able to harvest 63 sacks of maize and 15 sacks of beans.i sack cost 3580 at Eldoret cereal board totaling ks,225540 and bean i sell them locally
These year i am planning to cultivate wheat,which has more return than thee maize.i will need to use around ks,100,000 for the farming and preparation and in return i can get around 50 sacks and above and wheat cost ks,4300 and above at the UNGA LTD IN ELDORET.

My Business

AS DESCRIBED ABOVE,My father had a peace of land in Eldoret and since it a land for farming ,i had been basically doing it for farming now for the last 4year.
last year i planted maize and beans and i was able to harvest 63 sacks of maize and 15 sacks of beans.i sack cost 3580 at Eldoret cereal board totaling ks,225540 and bean i sell them locally
These year i am planning to cultivate wheat,which has more return than thee maize.i will need to use around ks,100,000 for the farming and preparation and in return i can get around 50 sacks and above and wheat cost ks,4300 and above at the UNGA LTD IN ELDORET.
Most farms in Eldoret are currently used for residential buildings enabling the few who farm to enjoy the monopolistic power an i actually count my self lucky as the farming has improved my standards and our family,and getting to know zidisha,i ope i will improve more on these.

Loan Proposal

Dear Zidisha lenders,i come to you to seek a fund in order to assist me buy fertilizers at an early time as its of my norm before the prices go high.
The loan will assist me top up the amount i already have to ensure that my 5acre wheat land will get the required DAP 18.46.0 Fertilizer which i normally use.
currently i am proceeding with preparing the land and other requirements.The loan will highly asist me.Thank you very much Zidisha.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Jan 26, 2014

Repayment status

On Time

Projected term

8 weeks

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Summary

Amount repaid

$154.66

Amount remaining

$0.00

Date repaid

Mar 25, 2014

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Feb 6, 2014 $4.71 Feb 5, 2014 $4.71
Feb 13, 2014 $4.71 Feb 16, 2014 $4.71
Feb 20, 2014 $0.00
Feb 27, 2014 $31.76 Feb 27, 2014 $31.76
Mar 6, 2014 $31.76 Feb 27, 2014 $1.18
Mar 8, 2014 $30.59
Mar 14, 2014 $31.76 Mar 15, 2014 $31.76
Mar 21, 2014 $31.76 Mar 15, 2014 $0.71
Mar 22, 2014 $31.06
Mar 28, 2014 $18.18 Mar 22, 2014 $0.35
Mar 25, 2014 $17.82

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