To buy a money maker machine for irrigation

Kipkoech

Kiptaldal, Kenya

100% repaid

Entrepreneur

Name

Kipkoech

Member since

January 2015

On-time repayments

57 installments  •  60%

About Me

Am Kipkoech Vincent, Single aged 28 years old. Am a male Kenyan Citizen by birth from Kericho County a village called Kiptaldal. Am the last born child of a family of Seven three girls and four boys. I went to Moi Sitotwet Secondary School from the year 2003 where I sat for my Kenya Certificate of Secondary Education (K.C.S.E) in the year 2006. I attended Nairobi Aviation College for Business Management in the year 2012, then I Joined Kenya Institute of Management (KIM) for Business Management where I completed last 2014 July. Currently am a self employed running a one acre parcel of land doing farming at Kiptaldal village where am planting Sukuma wiki (kales), cabbages, Onions, three points of an acre of tea leaves and beans. I also normally supply kales and beans to a new secondary school. I choose to venture into this business because there was a competition of cabbages, kales and onions because most people plant tea leaves in their Shambas thus few people planting the said crops. I normally am planting these crops actually at time of sunny season.
With the profit I earned from the farming I used to pay bills, cater for my welfare and save some. At my free time I like travelling, listening to Gospel Music, do community services. Am God fearing Man, Humble, Disciplined and self driven. My Mission and Vision is achieved my dreams. I thank Him He has brought me this far.

My Business

As I have stated earlier that I owned a land for farming at Kiptaldal village, which is situated at Sosiot market along Sosiot - Sondu Highway. My farming deals with the following crops:-
1. Sukuma Wiki (Kales).
2. Cabbages.
3. Onions.
4. Beans.
5. Tea Leaves.
The farming is doing well despite of drought seasons in the country. Farming is a good choice for me despite that at times it’s a challenging when the demand is low. Am planning to purchase a money maker and a generator to irrigate the farm. My profit ranges between Kshs. 20,000 – 25,000 monthly which I used to pay bills and cater for my welfare. So given Zidisha loan I will be able to purchase a money maker and pipes for irrigation to ease the easiest farming and to generate more produce to sell to more consumers.

Loan Proposal

As I have stated earlier that I owned a land for farming at Kiptaldal village, which is situated at Sosiot market along Sosiot - Sondu Highway. My farming deals with the following crops:-
1. Sukuma Wiki (Kales).
2. Cabbages.
3. Onions.
4. Beans.
5. Tea Leaves.
The farming is doing well despite of drought seasons in the country. Farming is a good choice for me despite that at times it’s a challenging when the demand is low. Am planning to purchase a money maker and a generator to irrigate the farm. My profit ranges between Kshs. 20,000 – 25,000 monthly which I used to pay bills and cater for my welfare. So given Zidisha loan I will be able to purchase a money maker and pipes for irrigation to ease the easiest farming and to generate more produce to sell to more consumers. The money maker costs approximately Kshs. 5000 (US 52) which enables me to do more irrigation as well as more customers.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Feb 10, 2015

Repayment status

On Time

Projected term

5 months

Other loans

Lenders

Scangaid

Pittsburgh, United States

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