Entrepreneur
Name
Ambrose
Member since
February 2015
On-time repayments
266 installments • 73%
About Me
I was born in the year 1993 on 7th of January in the village of Borborwet Kapsuser ward Belgut constituency, Kericho county in the western part of Kenya. I grew up in a family of six I am the third born and I have two sisters and three brothers. Education wise, I completed in the year 2010, I joined a tertiary institution and studied diploma in business management. My life has been surrounded by all manner of challenges and opportunities. Coming from a middle level family with the less resources available to sustain me and my fellow brothers and sisters. We had to struggle in many ways like lack of fees and constantly out of school looking for fees. This made me to venture into business that can lift me with the little brothers and sisters. School fees was of a big problem that made our parents really struggle hard (going to pluck tea leaves for neighbors so that they get fees for my education) and with the current situation in our country right now that it needs a lot of funds for someone to take a step. I completed my tertiary institution just after two years and search for a job but unluckily jobs are not such easy to get one, I choose to employ myself. And started by being a cowboy for my neighbor. This brought me up venture into my own business of dairy farming.
My Business
I have been in farming industry(dairy farming) for the last two years, I started dairy farming with a small calf that I bought from the money that I got from the building contract that I served as the man of hand (watu wa mkono). And savings from the being a cowboy bought me one goat. I later sold the goat when the calf was sick so that I got the vets attention. I was also motivated by my fellow friends and volunteer mentors that they have the experience and with the opportunities currently present. The calf which I bought grew very well and gave birth to a heifer which and produced four litres of milk daily. Challenges in this business is that when it comes to seasons like drought mainly in my area the feeds are not easily to be found so it forces me to buy from far grass like boma rods, hay and sometimes go far distance looking for dairy meal, also during this seasons the milk produce is of low quantity leading to the loss. Even though with the previous challenges I can get a profit during good seasons that is when the quantity of the milk is high. And currently we have new kcc that is an industry that buys milk produce from us in high quantity and pays very wells.
Loan Proposal
the request of the loan is to buy a chaff cutter machine which will help me in cutting grass very fast hence making my work easier and quality grass for my cow and her calf which i have been blessed with, than before or normally i have been using a panga and my hand manually to cut the grass for my cow,the cost of the chaff cutter is 350 usd and the 20 usd will sort transport and installation,18 usd to purchase dairy meal for my cows.
Feedback
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$388.00
Date disbursed
Nov 17, 2015
Repayment status
On Time
Projected term
10 months
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Summary
Amount repaid
$405.45
Amount remaining
$0.00
Date repaid
Sep 25, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Nov 29, 2015 | $10.00 | Nov 29, 2015 | $10.00 |
| Dec 6, 2015 | $10.00 | Nov 29, 2015 | $0.20 |
| Dec 20, 2015 | $9.80 | ||
| Dec 13, 2015 | $10.00 | Dec 20, 2015 | $0.20 |
| Dec 27, 2015 | $9.80 | ||
| Dec 20, 2015 | $10.00 | Dec 27, 2015 | $0.20 |
| Jan 3, 2016 | $9.80 | ||
| Dec 27, 2015 | $10.00 | Jan 3, 2016 | $0.20 |
| Jan 10, 2016 | $9.80 | ||
| Jan 3, 2016 | $0.20 | Jan 10, 2016 | $0.20 |
| Jan 10, 2016 | $0.00 | ||
| Jan 17, 2016 | $5.00 | Jan 17, 2016 | $5.00 |
| Jan 24, 2016 | $5.00 | Jan 17, 2016 | $5.00 |
| Jan 31, 2016 | $5.00 | Jan 17, 2016 | $5.00 |
| Feb 7, 2016 | $5.00 | Jan 17, 2016 | $5.00 |
| Feb 14, 2016 | $5.00 | Jan 17, 2016 | $5.00 |
| Feb 21, 2016 | $1.00 | Jan 24, 2016 | $1.00 |
| Feb 28, 2016 | $1.00 | Jan 31, 2016 | $1.00 |
| Mar 6, 2016 | $1.00 | Feb 7, 2016 | $1.00 |
| Mar 13, 2016 | $1.00 | Feb 14, 2016 | $1.00 |
| Mar 20, 2016 | $1.00 | Feb 22, 2016 | $1.00 |
| Mar 27, 2016 | $1.00 | Feb 28, 2016 | $1.00 |
| Apr 3, 2016 | $1.00 | Mar 7, 2016 | $1.00 |
| Apr 10, 2016 | $1.00 | Mar 13, 2016 | $1.00 |
| Apr 17, 2016 | $1.00 | Mar 20, 2016 | $1.00 |
| Apr 24, 2016 | $1.00 | Mar 27, 2016 | $1.00 |
| May 1, 2016 | $1.00 | Apr 3, 2016 | $1.00 |
| May 8, 2016 | $1.00 | Apr 10, 2016 | $1.00 |
| May 15, 2016 | $1.00 | Apr 17, 2016 | $1.00 |
| May 22, 2016 | $1.00 | Apr 24, 2016 | $1.00 |
| May 29, 2016 | $1.00 | May 1, 2016 | $1.00 |
| Jun 5, 2016 | $1.00 | May 8, 2016 | $1.00 |
| Jun 12, 2016 | $1.00 | May 15, 2016 | $1.00 |
| Jun 19, 2016 | $1.00 | May 22, 2016 | $1.00 |
| Jun 26, 2016 | $1.00 | May 29, 2016 | $1.00 |
| Jul 3, 2016 | $1.00 | Jun 5, 2016 | $1.00 |
| Jul 10, 2016 | $1.00 | Jun 12, 2016 | $1.00 |
| Jul 17, 2016 | $1.00 | Jun 19, 2016 | $1.00 |
| Jul 24, 2016 | $1.00 | Jun 26, 2016 | $1.00 |
| Jul 31, 2016 | $1.00 | Jul 4, 2016 | $1.00 |
| Aug 7, 2016 | $106.25 | Jul 10, 2016 | $106.25 |
| Aug 14, 2016 | $10.00 | Jul 17, 2016 | $10.00 |
| Aug 21, 2016 | $1.00 | Jul 24, 2016 | $1.00 |
| Aug 28, 2016 | $1.00 | Jul 30, 2016 | $1.00 |
| Sep 4, 2016 | $1.00 | Aug 7, 2016 | $1.00 |
| Sep 11, 2016 | $1.00 | Aug 14, 2016 | $1.00 |
| Sep 18, 2016 | $1.00 | Aug 28, 2016 | $1.00 |
| Sep 25, 2016 | $85.00 | Sep 4, 2016 | $85.00 |
| Oct 2, 2016 | $1.00 | Sep 11, 2016 | $1.00 |
| Oct 9, 2016 | $1.00 | Sep 18, 2016 | $1.00 |
| Oct 16, 2016 | $98.00 | Sep 25, 2016 | $98.00 |
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