Agribusiness tomato farming

Stephen

Meru, Kenya

100% repaid

Entrepreneur

Name

Stephen

Member since

September 2016

On-time repayments

64 installments  •  48%

About Me

Am Stephen kimathi age 27 having completed my primary school education in year 2006 at meru primary school I attended kanyakine high and Completed my secondary school education int the year 2011. I later joined maseno University to pursue a degree in Agribusiness Management , i have acquired sufficient knowledge in farm management systems to convert subsistence farming into modern agribusiness.

My Business

Tomatoes growing is my major farming activity.have ventured in it cultivation due to demand in the area and it daily requirements among the population... Growing a eighth of hectare of high yield kilele f1 with a cost of ksh10000 average returns is upto ksh80000. I used my portion of returns to reinvest back of the business and rest paid my school fees

Loan Proposal

First let me thank my lenders for funding my past project.if granted the loan i would use it for acquisition of additional dip pipes irrigation. The dip pipes irrigation system will cost up to 200 us dollars, with this kind of an irrigation system the farm accrues several benefits,first the irrigation system will help in reduction of spread of diseases ,Fertilizer and nutrient loss is minimized due to localized application and reduced leaching.
Water application efficiency.The inputs costs are brought to a minimum thus profits is expected to increase unto to 1000 dollars.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$36.00

Date disbursed

Mar 3, 2018

Repayment status

On Time

Projected term

7 months

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$36.26

Amount remaining

$0.00

Date repaid

Dec 24, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Mar 12, 2018 $1.97 Apr 13, 2018 $1.97
Mar 19, 2018 $1.97 Apr 13, 2018 $1.97
Mar 26, 2018 $1.97 Apr 13, 2018 $1.97
Apr 2, 2018 $1.97 Apr 13, 2018 $1.97
Apr 9, 2018 $1.97 Apr 13, 2018 $1.77
Jun 7, 2018 $0.20
Apr 16, 2018 $1.97 Jun 7, 2018 $1.97
Apr 23, 2018 $1.97 Jun 7, 2018 $1.97
Apr 30, 2018 $1.97 Jun 7, 2018 $1.97
May 7, 2018 $1.97 Jun 7, 2018 $1.28
Jul 21, 2018 $0.69
May 14, 2018 $1.97 Jul 21, 2018 $1.97
May 21, 2018 $1.28 Jul 21, 2018 $1.28
May 28, 2018 $0.00
Jun 4, 2018 $0.00
Jun 11, 2018 $0.00
Jun 18, 2018 $0.00
Jun 25, 2018 $0.00
Jul 2, 2018 $0.00
Jul 9, 2018 $0.00
Jul 16, 2018 $0.00
Jul 23, 2018 $0.00
Jul 30, 2018 $0.00
Aug 6, 2018 $0.00
Aug 13, 2018 $0.00
Aug 20, 2018 $0.00
Aug 27, 2018 $0.00
Sep 3, 2018 $0.00
Sep 10, 2018 $1.97 Oct 27, 2018 $1.97
Sep 17, 2018 $1.97 Oct 27, 2018 $1.97
Sep 24, 2018 $1.97 Oct 27, 2018 $1.97
Oct 1, 2018 $1.97 Dec 24, 2018 $1.97
Oct 8, 2018 $1.97 Dec 24, 2018 $1.97
Oct 15, 2018 $1.97 Dec 24, 2018 $1.97
Oct 22, 2018 $1.97 Dec 24, 2018 $1.97
Oct 29, 2018 $1.48 Dec 24, 2018 $1.48

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