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Entrepreneur: Mamysh
Country: Central Asia
Type of Business: Sheep farm
Field Partner: PDKS Partnership

 

About Mamysh

In the south of this Central Asian country there is small city and there is living there one believer's family. We were watch this family over 3 years and have seen that they are now ready to be responsible for this project.
 

Community Impact


 

About this Business

This family already doing this kind of project for about 20 years. They want to expand and buy 10 sheep and fodders. They will buy 10 small sheep and during 3 months look after them and feed them well, and after 3 months they will sell them for double price and buy another 10 sheep.
 

What the Loan to the Business will be used for

Purchase sheep and fodders
 

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About the Loan:

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Amount needed:1,100.00
Loan to Cost/Value Ratio:
Expected positive cash flow month: Month 4
Loan distribution schedule $1,025.00; $0.00; $0.00; $0.00; $0.00; $0.00.

Funders:

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06/02/2010 11:22am Pam Wilson Loan 50.68 
06/04/2010 10:54am Pamela Karriker Gift 100.00 
06/08/2010 04:50pm Karen Sleeth Loan 150.00 
06/11/2010 03:27pm Ruth Drye Gift 72.52 
06/29/2010 02:55pm Karen Sleeth Gift 48.25 
07/06/2010 09:56pm Shawn George Loan 145.35 
07/06/2010 10:08pm Shawn George Gift 96.80 
07/06/2010 10:19pm Benjamin George Loan 141.67 
07/12/2010 08:46pm jason rhoads Loan 195.00 
06/04/2010 10:42am Dub Karriker Gift 100.00 
08/01/2010 12:00am Business Funded  -1,100.00
02/21/2011 12:00am Pam Wilson Repayment  55.75
02/21/2011 12:00am Karen Sleeth Repayment  165.00
02/21/2011 12:00am Shawn George Repayment  159.89
02/21/2011 12:00am Benjamin George Repayment  155.84
02/21/2011 12:00am jason rhoads Repayment  214.49

Groups:

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Status Update:

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Aug 14, 2010Today is 8/14/10. The funds from mPOWR are due to arrive the first part of September. Once they are received we will disburse them to Mamysh. Thank you for helping us!
Aug 14, 2010Today is 8/14/10. The funds from mPOWR are due to arrive the first part of September. Once they are received we will disburse them to Mamysh. Thank you for helping us!
Aug 14, 2010Today is 8/14/10. The funds from mPOWR are due to arrive the first part of September. Once they are received we will disburse them to Mamysh. Thank you for helping us!
Aug 14, 2010Today is 8/14/10. The funds from mPOWR are due to arrive the first part of September. Once they are received we will disburse them to Mamysh. Thank you for helping us!
Sep 22, 2010Due to the difficulty of getting funds into the country, PDKS fronted the funds so that Mamysh could get the business started. This week the funds you gave were delivered to us. Mamysh has been through the training and is off to a good start. So far everything is going according to plan. Thank you for your help and confidence!
Oct 14, 2010This business is doing well. We will have more information after a meeting to be held at the end of October. Thank you for your support.
Oct 18, 2010This business is doing well. We will have more information after a meeting to be held at the end of October. Thank you for your support.
Nov 17, 2010We met with Mamysh at the end of October and we can say that we were impressed by the work that she is doing. She bought in the beginning 6 sheep and 4 ton of food for them. After 3 months she sold them with double price and added the rest of money and bought 25 sheep. She said that from the 1st of December she will start to sell one by one sheep and return each month 200$. We were very happy for her, and the word that she keeps.
Nov 17, 2010We met with Mamysh at the end of October and we can say that we were impressed by the work that she is doing. She bought in the beginning 6 sheep and 4 ton of food for them. After 3 months she sold them with double price and added the rest of money and bought 25 sheep. She said that from the 1st of December she will start to sell one by one sheep and return each month 200$. We were very happy for her, and the word that she keeps.
Dec 17, 2010Mamysh's business with sheep are so encouraging and she is really doing good. As she told before, she bought 25 sheep and already sold 7 of them and bought 2 more tons stern for winter. She said that she will start to return money back in December. We were happy to hear that her husband who worked as driver told us that he want to start busyness too. In the beginning he did not believed that his wife will have such a good business; now he want to join to his wife and expand this business.
Jan 20, 2011Mamysh's business is going on and everything is going very well. She returned us back already $600. Those who loaned money will begin to be repaid once the funds clear the transfer process. Mamysh wants to thank you so much for helping her.
Feb 17, 2011Mamysh is doing very good and as we say she "blossom and smell". She wants to expand her project and buy more sheep. She is promising to return us in May totally back. Whoever comes to her house she is telling about our Savior. *Note from US partner - If you made a loan for Mamysh you will be repaid soon with interest. Her loans have been repaid. Thank you for your confidence and trust.
Mar 21, 2011Mamysh is fine and her business is continuing to do well. Sheep multiplies and she is planning to expand her project. She recently hosted a winter camp for children. She offered her home for that and cooked for the children and leaders. It was so kind from her.
Apr 19, 2011*US Sponsor's Note - Due to security issues we are unable to provide a complete update from our field partners at this time. However, we were able to communicate on a basic level and received this statement from them: "Please do know that everything is going very well. God is blessing those people and their family and they told us about that with tears in their eyes!" When our partners are able to more freely communicate we will provide more information. In the meantime, please keep them in your thoughts and prayers. Thank you for your investment in these precious people.
May 18, 2011Yesterday Mamysh came and she returned us 500$, we were so happy for her. So she totally returned us money back it is all total 1100$. Mamysh told us that this project was really blessings to her, she earned 1500$ and 7 sheep! She also told us that she is planning to buy sewing machine where she can learn sewing and make national designs. She also said that she want to help other believers to learn this machine, and help them by supporting them. She said that this year she learned how to look properly after sheep, she knows which one she should buy in the future and how she can make profit, she will continue doing this project.
 
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Amount Needed
$1,100
 
Length of Loan
12 months
 
Simple Interest Rate
5%
 
Amount Received
$1,100
 
100%
 
Amount Needed
$-0.27
 
Posted On
May 13, 2010
 
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