Victor
Iten Kaptoo Village, Kenya
100% repaid
Name
Victor
Member since
February 2014
On-time repayments
228 installments • 69%
PERSONAL PROFILE
KIPKORIR VICTOR KIBOR
Iam known by the following names,born in 1984 kokwao sub-location Tambach division
In Keiyo district.I went to kokwao primary school and finished in the year 1999 thereafter joined Tambach Boys high school for four years.In the year( 2005-2006),went to Mbale progressive high school Uganda for A-level.
In the year (2009-2010),went top Regions group college and acquired a diploma in Business administration thereafter joined Kenya college of accountancy for a professional coure in Certified public accountant.
In the year 2014, i enrolled for a degree course in BCOM Kisii university and i graduated in Dec 2017
Currently in the year,2012 to date,I am employed in Transmara sugar company as an accountant.married in 2013 and blessed with 2 children.
TRACTOR FOR CANE HAULIAGE TO THE FACTORY FOR CRASHING:
Due to an increasing urge from the community, I opted to purchase one tractor for transporting cane to the factory .The cane will be carried to the factory and crashed and the end products that is Sugar will be used by the community to improve their livelihood's.
The reason for choosing this kind of business is due to an increasing demand by the businessmen for ease of transport of their cane. I have bought 1 tractor complete with a trailer and iam planning to add another one for efficiency.
The costs incurred in this case is as below:
1.A tractor Kes 1,500,000=USD 12,820/
2.Trailer Kes 500,000=USD 4,275/
3.Other spares Kes 200,000 =USD 1,709/
Total=USD 18,804/
The profit received from this will assist me in adding more tractors and employ some casuals in day to day tasks.
With this regards,I thank Zidisha team for there financial support and unity and I hope we shall be together as far as terms and conditions is concerned.
Thanks&Regards.
When I get this loan, I will purchase the following:
1:Sugarcane seedlings 20 tons @ USD 50 per ton =Kes100,000
2:Fertilizer 10 bags @ USD 30 per bag = Kes 30,000
3:Ploughing 10 acres @ USD 20 per acre = Kes 20,000
Total USD 1500 equivalent to Kes 150,000/
The benefits accruing from this project is that it will assist me get money for paying my children school fees and also help me employ the jobless people in weedig ,planting and harvesting cane.
Positive
5
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Mar 15, 2018
Repayment status
On Time
Projected term
12 months
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