Adding value to my potatoes

Alfred

Londiani, Kenya

66% repaid

Entrepreneur

Name

Alfred

Member since

January 2015

On-time repayments

54 installments  •  52%

About Me

I was brought up in a humble background at Sugutek village of Londiani Division Kipkelion district,went to Sugutek primary ,Kamungei High school in Bomet county then later joined Government Training institute for a course leads to social work,there after Join Kenya School of Government for a course in administration.I am currently a second year student at Kisii University persueng a course leads to Barchelor of arts in social work & community Development and now working as a part time lecturer in a private college NSPSI (Nishkam Saint Puran Institute) and as a small scale farmer raising university fees.
my wife is third year in the university persueng a course in Medicine.she is my inspiration when i look at her i work hard even more.

My Business

am a potato farmer .i plant potatoes approved by agricultural extension officers .i don't worry much about the market because many buys the potatoes from us farmers.my costs is
fifty thousand.i reinvest the profits .i chose this kind of business because i don't have to worry about market since am in highway and near to chepseon market and many customers buys the potatoes from us.

Loan Proposal

When I get this loan,it will help me improve on my Potato project by adding Value in the following ways;,
1. Buying of cooking oil to prepare take away chips. 22dollars
2. Electric Machine for deep frying chips. 50 dollars
3.Renting a house for the business 20 dollars
4. Business Permit 15dolars
Despite the fact that I still need 5 dollars for the permit to be complete I believe that I can manage to get from other sources. Having been in the business for the past 2 years i have been longing to be adding value to the potatoes by making Chips, Potato crisps and all the potato products. with the fact that I have the raw materials. The returns will then help expand my farm by increasing the number of acreage and also employ a few people.
I should feel i should be supported because I can't afford single handedly to meet full financial requirements of the farm due to the increased costs of farm inputs like fertilizers, seeds and pesticides and insuring the crops.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jan 20, 2015

Repayment status

Late

Projected term

12 months

Lenders

juliemartha

Lake Mary, United States

G

Gavin

New Zealand

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Summary

Amount repaid

$69.91

Amount remaining

$35.80

Expected completion

Feb 7, 2016

Status

Repaying late

Installment amount

$1.96

Repayment History

Expected Payments Actual Payments
Feb 1, 2015 $1.96 Feb 1, 2015 $1.96
Feb 8, 2015 $1.96 Feb 8, 2015 $1.96
Feb 15, 2015 $1.96 Feb 15, 2015 $1.96
Feb 22, 2015 $1.96 Feb 22, 2015 $1.96
Mar 1, 2015 $1.96 Mar 1, 2015 $1.96
Mar 8, 2015 $1.96 Mar 8, 2015 $1.96
Mar 15, 2015 $1.96 Mar 15, 2015 $1.96
Mar 22, 2015 $1.96 Mar 22, 2015 $1.96
Mar 29, 2015 $1.96 Mar 29, 2015 $1.96
Apr 5, 2015 $1.96 Mar 29, 2015 $0.29
Apr 5, 2015 $1.66
Apr 12, 2015 $1.96 Apr 12, 2015 $1.96
Apr 19, 2015 $1.96 Apr 19, 2015 $1.96
Apr 26, 2015 $1.96 Apr 26, 2015 $1.96
May 3, 2015 $1.96 May 3, 2015 $1.96
May 10, 2015 $1.96 May 11, 2015 $1.96
May 17, 2015 $1.96 May 18, 2015 $1.96
May 24, 2015 $1.96 May 24, 2015 $1.96
May 31, 2015 $1.96 Jun 2, 2015 $1.96
Jun 7, 2015 $1.96 Jun 7, 2015 $1.96
Jun 14, 2015 $1.96 Jun 14, 2015 $1.96
Jun 21, 2015 $1.96 Jun 21, 2015 $1.96
Jun 28, 2015 $1.96 Jun 28, 2015 $1.96
Jul 5, 2015 $1.96 Jul 5, 2015 $1.96
Jul 12, 2015 $1.96 Jul 13, 2015 $1.96
Jul 19, 2015 $1.96 Aug 9, 2015 $1.96
Jul 26, 2015 $1.96 Aug 9, 2015 $1.96
Aug 2, 2015 $1.96 Aug 9, 2015 $0.58
Sep 9, 2015 $1.37
Aug 9, 2015 $1.96 Sep 9, 2015 $1.96
Aug 16, 2015 $1.96 Sep 9, 2015 $1.96
Aug 23, 2015 $1.96 Sep 9, 2015 $1.96
Aug 30, 2015 $1.96 Sep 9, 2015 $1.96
Sep 6, 2015 $1.96 Sep 9, 2015 $1.48
Nov 4, 2018 $0.47
Sep 13, 2015 $1.96 Nov 4, 2018 $1.48
Feb 14, 2019 $0.47
Sep 20, 2015 $1.96 Feb 14, 2019 $1.48
Mar 11, 2019 $0.47
Sep 27, 2015 $1.96 Mar 11, 2019 $1.48
May 28, 2019 $0.47
Oct 4, 2015 $1.96 May 28, 2019 $0.65
May 28, 2019 $0.83
Oct 11, 2015 $1.96
Oct 18, 2015 $1.96
Oct 25, 2015 $1.96
Nov 1, 2015 $1.96
Nov 8, 2015 $1.96
Nov 15, 2015 $1.96
Nov 22, 2015 $1.96
Nov 29, 2015 $1.96
Dec 6, 2015 $1.96
Dec 13, 2015 $1.96
Dec 20, 2015 $1.96
Dec 27, 2015 $1.96
Jan 3, 2016 $1.96
Jan 10, 2016 $1.96
Jan 17, 2016 $1.96
Jan 24, 2016 $1.96
Jan 31, 2016 $1.96
Feb 7, 2016 $2.09

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