John
Chuma, Kenya
100% repaid
Name
John
Member since
August 2015
On-time repayments
120 installments • 93%
About me
I am John Gitaka living in Kinangop Nyandarua County. Am the first born in a family of seven (7). I completed my secondary education and due to lack of finances i did not join college since my parents were unable to raise the college fees.
Since we grew and raised in a two piece of acre land and with the children behind me and they also need education and other basic needs, they were unable to take me to college, therefore, I had to assist them in farming and grazing to support my smaller siblings.
My parents mainly depends on farming, therefore, I had also to engage in farming inorder to support them in raising and educating the smaller siblings.
I am married with two children hence i was given a half an acre of land by my parents to relay on to raise my children, cater for their basic need, education, health and support in smaller siblings.
In our portion of land which was donated by my parents, we used to grow vegetables which did not do well and also had irregular and unpromising market.
I was approached by a neighbour who introduced me into horticultural farming and offered to donate some seedlings and show me the market sine they were doing well and they did not require a large piece of land to start. Therefore, we prepared the land, planted the seedlings and after sometimes they did well and made good sales of which we decided with my supportive wife to engage in horticultural farming business.
My business is horticultural farming of which we started with my wife two years ago with the help of the neighbour who introduced us in the business and in the market. We do timely planting every month to ensure we have yield every month and make sales every week.
Our land is located in the highlands at the floor of Abedare ranges next to the Abadare National Park hence it is fertile and there is plenty of rainfall. The business has promising returns since we make sales every week and after spending $150 in a month, we get about $350 in return, a profit of $200 a month.
I use 50% of my profit to educate and raise my children and support my smaller siblings, 30% to improve my business and the rest I save.
Thanks dear lenders for being there in the aim of upgrading the status of entrepreneurs in the business world.
I was introduced to Zidisha International Person-to-Person Micro-Lending Community by Bilha Mbaire, therefore I joined Zidisha to be part of prospering entrepreneurs. The loan given will assist me to improve my business, $100 lease a half an acre land , $50 prepare the land, $50 buy seed, plant and labour which will assist me to expand my business.
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Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
Dec 1, 2015
Repayment status
On Time
Projected term
48 months
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