To construct a permanent shade for my dairy cows

Stephen

Subukia, Kenya

100% repaid

Entrepreneur

Name

Stephen

Member since

April 2016

On-time repayments

182 installments  •  42%

About Me

The following are the required start-up costs:

The purchase of Dan Jokerdoc D.D.S.' private practice. The purchase includes the patient list, office space, front chair and desk, two dental chairs, two light systems, fully-equiped sterilization room, compression air system with a suction unit, x-ray unit, mirrors, and a phone system. This practice has been valued by the following variables: equipment, office space already built for a dentist, goodwill, and future revenue streams. The equipment has been valued at $30,000, $15,000 for tenant improvements on the office space, the patient list at $5,000 and $25,000 for future profitability. The entire practice was sold for $65,000 because Dr. Jokerdoc was in need of quick cash. Statistical studies have shown that patients that are made comfortable are likely to stay with the new doctor when a practice is sold. This will help with cash flow, minimizing the amount of start-up cash. The bulk of the equipment needed will procured through the purchase of the practice, however, there is a lot of equipment that will be needed to be purchased separately.

My Business

The following list details what else will be needed.

Front desk equipment including a Xerox machine, fax machine, a computer terminal with Microsoft office, QuickBooks Pro, laser printer and a CD-RW.
Disposables which include: assorted trays and explorers, x-ray film, filling material, paper products, and impression material.
Placing instrument.
Curing instrument.
Ultrasonic scaler (for removal of prophylaxis).
High- and low-speed drills (enough for two operators).
Please note that all items that are to be used for more than a year will be classified as long-term capital assets and will be depreciated using the G.A.A.P approved straight-line method of depreciation.

Loan Proposal

I intend to borrow Zidisha loan so as to construct a permanent cow shed in my farm. The one that I am having is not permanent and requires frequent repairs. I feel my two cows are not comfortable since when it rains the shed seems to be in a mess and even when milking, the shed looks a mess. With this I require the following
600 feet stones - USD 60
Sand - USD 25
Ballast -USD 20
Cement -USD 35
Offcuts -USD 30
Timber -USD 28
10 Iron sheets -USD 45
Nails -USD 0.8
Labour -USD 60
This means that I require about USD 300, I understand my first loan from Zidisha may not cover all the costs and there fore I will set aside some funds from personal savings.
I will construct a large shed that will accommodate about 3 cows as I plan to have additional ones in the near future.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Apr 22, 2016

Repayment status

On Time

Projected term

21 months

Lenders

Paul Buchheit

Mountain View, United States

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  • Stephen    Jan 20, 2018

    Dear All
    I am sad that my business is currently facing crisis due to upaid debts but am hopeful that soon it will work for the better, meanwhile I will adjust slightly.
    Thank you

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  • Stephen    Dec 29, 2017

    Due to prevailing circumstances, I will make this downward rescheduling for this moment

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  • Stephen    Dec 19, 2017

    I thank you finally my loan has been fully funded, it was long wait but I remain commited

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  • Stephen    Nov 20, 2017

    Dear Lenders,
    I thank you for funding me up to 79% unfortunately time ran out and my loan expired without fully being funded, kindly give support again

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  • Stephen    Nov 6, 2017

    Thank you for giving me this chance again to apply for loan

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  • Stephen    Nov 6, 2017

    I have really worked hard to beat my deadline, thank you so much for your help

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  • Stephen    Apr 18, 2017

    Will be adjusting upwards in a short period of time

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  • Stephen    Mar 31, 2017

    Dear Lenders,
    My loan was disbursed, I thank you most sincerely for the good gesture and will work hard to repay on time. Thank you

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  • Stephen    Mar 29, 2017

    Thanks lenders

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  • Stephen    Mar 12, 2017

    I want to clear the loan now that am doing fine

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  • Stephen    Dec 19, 2016

    First i wish all zidisha staff, lenders and all borrowers a merry chrismas and prosperous 2017, at this time some businesses dont do well but am hoping for the best

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  • Stephen    Oct 10, 2016

    I request for time this week due to unavoidable circumstances

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  • Stephen    Jun 21, 2016

    Dear Zidisha
    I am adjusting downwards atleast for now, next week I will adjust upwards

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  • Stephen    May 10, 2016

    Thank you for the loan, the future looks bright

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