Buying a donkey to transport my produce to market

Robert

Amukura, Kenya

100% repaid

Entrepreneur

Name

Robert

Member since

February 2016

On-time repayments

44 installments  •  70%

About Me

I am the third born in a family of three children,I went to Asenge primary school and Kolanya secondary school.I then joined kibabii technical college but did not complete my course in business administration due to lack of money.
I went back home and worked as a farm hand for a neighbor ,these is when I realized farming was also an opportunity to get rich as long as you planned well to minimize production costs and increase revenues. I worked for six months as saved to start up capital. With the experience and $200 start up capital, I decided to plant kale's in my fathers farm,the kale's did well and I have been doing kale's and bananas. I dont regret and I have now resumed my studies as evening student.
most the people from the community I come from are farmers,we grow alot of bananas here.
I am soccer fun and spend my free time watching soccer and training my local team since I am there coach.

My Business

I provide vegetables and bananas to my clients, I have 2 acres under bananas and 0.5 acres under kale's.
Due to food scarcity and ever growing population th demand for agricultural products has been growing.
I choose farming business because it was the most profitable venture to engage on.
my monthly typical costs are $200 and my monthly typical revenues are $500. I spend the money on my fees,buy basics and take care of my wife and kid.

Loan Proposal

Hello lenders,to boost my income ,i would like to buy a donkey to help transport my produce to the market and also help me provide transport services to my neighbors. the donkey would help me cut the cost of transports as well as help me raise income through my services.the donkey would cost me $300 and I would top up with my savings.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Sep 11, 2016

Repayment status

On Time

Projected term

46 months

Lenders

Zidisha

Sterling, United States

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

G

GS2

Germany

Akirahugo

Dortmund, Germany

Humble Bundle Community

San Francisco, United States

Ken

Mequon, WI, United States

A

Anonymous

United States

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  • William    Apr 12, 2017

    Dear lenders, things have not been good for Robert, however, he remains committed to resume payments once things get better, thanks.

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  • Robert    Nov 2, 2016

    hey lenders,thank you for the loan,I am sorry I am unable to keep my promise because I lost my mum , I will try my best to repay back within three months

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  • Robert    Oct 15, 2016

    thank so much ,God bless you

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  • Robert    Oct 15, 2016

    the donkey has been very useful in the farm,it helps me with farm work and also help me earn income through transporting neighbors goods.

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  • Robert    Sep 13, 2016

    I am very happy for the loan,I have invested the money and the business is a bit unstable but will make may payments in bulk within stipulated one month

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  • Robert    Sep 10, 2016

    thank you so much lenders,I promise to always keep payments on time

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  • Robert    Sep 10, 2016

    thank you all for having faith in me despite the hard times,I will always focus in making payments .thank you

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  • Robert    Mar 5, 2016

    Hey dear lenders,kindly let me reduce the rates.thank you

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  • Robert    Feb 17, 2016

    Thank you all lenders,be blessed

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