Buy water pump and repair motobike for market transportation
Timothy
Molo, Kenya
100% repaid
Entrepreneur
Name
Timothy
Member since
November 2014
On-time repayments
281 installments • 7%
About Me
I am Timothy Ong'ongo 26 years old.I was born in Nakuru county and raised in a family of twelve children i being third born.Life was not that good because my parent didn't have good job to boost up their life and that of there children and support them in their academic in school.I went to school in Terry Primary School where i finished and pass with flying colors unfortunately my parents could not afford to pay for my school fees.I started working on peoples farms nearby my neighbors at least to earn my living.I loved the job because i was used to it and nothing i could have done with class eight certificate.I developed a passion on the farming and the small land that i inherited from my living father i started cultivating on it.Also in future i would love to be a large scale farmer and have a grain store of y own and be a father who will his family the best and take my kids to the best schools.
My Business
Am a small scale farmer my 'shamba' is located at Molo kwa shiera road third shamba on your left hand side just after tar mark road.I do provide goods to my customers like:vegetables,maize,beans,potatoes,sweet potatoes.My goods are on demand because am well known as a very hardworking man and my goods are fresh.I chose being a farmer because i loved the job and one can make high a mount of profit via farming.My farming cost per six months is $450 and a profit of $600.My profit i use to save so that in future i will start selling farming inputs and part of it i use to support myself and my family too.
Loan Proposal
Thank all my Zidisha lenders who lent me in the past,your loan is transforming life.I kindly invite you all to lend me again.
My next loan i will use $100 to buy a small water pump,as that will help me to irrigate my farm because January and February is always a try season.The pump will allow me to work on a dry season which many farmers will not meaning there will be a high demand on produce.
The remaining amount i want use to repaire my motobike which i use to supply my products to the market as thats what will help me to repay the loan.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$166.00
Date disbursed
Jan 9, 2015
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
Canada
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