The purchase of irrigation sprinklers

John Maina

Nakuru, Kenya

Funds disbursed

$0 to go

100% funded of $100 goal

0

days left

Entrepreneur

Name

John Maina

Location

Nakuru, Kenya

On-time repayments

31 weekly installments  •  0%

About Me

My childhood was completely very pathetic. I was left with my mother at very early stage when I even had no idea of what life was. It forced me to enter into the street and join other street urchins. I struggled with the street life for a very long period until the time that I was saved by a good Samaritan. he took me to school and I was able to get the desired knowledge which motivated me to be a farmer. The land that I stay in consist of majorly poor people with limited knowledge of Agriculture. They are a good people to sale to my agricultural commodities since they only rely on the food that they purchase from the market. I don't have a unique hobby in life but what I like most is swimming in any kind of waters whether deep of shallow.

My Business

I majorly deal with the production of tomatoes. It is a very interesting business because every household depends on it and none can do without it. I chose this kind of business because it requires low capital to start and the returns are very good. One acre of land with tomatoes costs around $70 and the revenue is double the amount invested in the business. Most of the profits in future will be used to rehabilitate the street urchins from the street. I do feel for them because once a time I was a member of them. Other part of the profit I will use for my own upkeep and further expansion of the business.

Loan Proposal

With the loan, i intent to purchase irrigation sprinklers since i have realized that I don't reap the desired profits in the seasons where there are no rains. With the loan, I will be able to get more profits of which a portion of it I will use to employ people from my neighborhood to assist me with the farm chores. I expect an increment of 50% during the dry period from the normal amount I usually get.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.27

Date disbursed

Jun 2, 2015

Repayment status

Late

Projected term

7 months

Cost to entrepreneur

Service fee: 5% of $100.27 = $5.01

Upon joining Zidisha, John paid a lifetime membership fee of $8.86.

John opted to pay $26.58 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

P

phangsang

Seattle, United States

D

duckdork

De Forest, United States

A

argos

Zurich, Switzerland

G

giova

Padova, Italy

D

dajja

Stockholm, Sweden

N

Nijntje

Netherlands

M

Mal57

Australia

lauren and jubilee

San Antonio, Texas, Usa, United States

B

bvirlet

United States

J

jackdupee

United States

M

mitchmk84

United States

L

Lallarahiq

United States

M

Mj11991

Cleveland, United States

R

RosieWatrs

United States

K

KRose

United States

C

CraigInCo

United States

L

Linda

United States

J

JimBaer

United States

S

simonthompson99

United Kingdom

J

JonAlec

United States

H

HLCharityFund

United Kingdom

S

spaceandthyme

United States

Grant Xavier Storer

Seattle, Wa, United States

R

reganbrian

United States

M

Marielle

United States

N

NickiW

United Kingdom

F

frenchy

United States

S

StefanB

Stockholm, Sweden

K

Kebrenagast

New York, United States

Andrew267

Birmingham, United Kingdom

S

seanos

Nottingham, United Kingdom

J

Joe

New York, United States

MW

Matt Willis

United States

PG

Paul Graham

United States

Paul Buchheit

Mountain View, United States

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