Name
Stephen
Member since
August 2017
On-time repayments
92 installments • 23%
My names are Stephen Chumba from Eldoret, UasinGishu County. As young boy I grew up in the village and went to school in the same vicinity from nursery to standard seven. Live was not all that rosy.
There were difficulties but I overcame because I knew there was a future and I had to work hard. After my secondary I started my small farming and I am still doing it to-date. After the rich had harvested their farms, I could go to look for anything that
was left and would gather little from many farms sale for an income that helped me to start farming. The land and the people around me are friendly helpful in many ways.
I have five children. One wants to be a farmer,another a teacher, another a doctor, another business. All are still at school. I love reading.
.
Maize production and dairy farming is mainly my business. Maize is staple food and milk too. I chose this kind of business because it is easier and has ready market.The typical costs depends on the cost of seeds, fertilizers,farm iplements and animal feeds
during dry spells
The profits goes to improvement of the business, school fees and other family needs
that may arise from time to time.
With the loan I will purchase twenty bags of dairy feeds at six dollars each.The said feeds will within a short period improve the production of milk.Once the production is increased more money will flow in as a result.The repayment wont be a problem. I will use the increase to even pay fees for my children and other domestic needs.We are approaching a dry season which requires an intensive dairy management.I am hopeful that with the support of my lenders and the zidisha organization things will work out successfully.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$117.00
Date disbursed
Jan 14, 2018
Repayment status
On Time
Projected term
6 weeks
Amount repaid
$117.72
Amount remaining
$0.00
Date repaid
Jan 26, 2018
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jan 25, 2018 | $22.66 | Jan 20, 2018 | $22.66 |
Feb 1, 2018 | $22.66 | Jan 22, 2018 | $22.66 |
Feb 8, 2018 | $22.66 | Jan 23, 2018 | $22.66 |
Feb 15, 2018 | $22.66 | Jan 24, 2018 | $22.66 |
Feb 22, 2018 | $22.66 | Jan 25, 2018 | $22.66 |
Mar 1, 2018 | $4.39 | Jan 26, 2018 | $4.39 |
Ask Stephen a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.