Entrepreneur
Name
John
Member since
June 2014
On-time repayments
156 installments • 67%
About Me
I am John A Otieno a commercial farmer in Angorom village,Teso south ,Busia county Western Kenya. I hold Bsc.Agricultural Economics degree from Egerton University.I had passion in farming and that is why decided to settle in commercial farming as a revenue generating venture.
From the earnings i have been able to expand my farm from 0.5 acres to 6 acre and I have a dream of making it 10 acres in the next two years. I am also planning to diversify into other ventures like poultry and mushroom farming.I am challenging other graduates to join agribusiness since its an equal opportunity employer and can help reduce poverty levels in the community.
My Business
I am commercial farmer farmer,currently engaged in dairy farming and production of high end horticultural value chains including,kale's,capsicum (green ,red and yellow), cabbages and cereals majorly millet production.The demand is quite impressive and rarely do i get surpluses in the farm,I grow my crops in open field and use money maker pumps from kick-start for irrigation I also have one small greenhouse and another big one ( I bought with zidisha loan)that i use for tomato production.Most clients prefer my products because they are high quality and fresh,they are also fairly priced.This gives me a competitive edge against my competitors.
I am also a dairy farmer and keep 3 jersey cattle for milk production. I get 70 liter of milk per day and use it for yoghurt production and supply 30 liters daily to a nearby hospital and 10 litre to an orphange.
my monthly revenues average is$1200. I use $400 as cost of production and make profits of $800 in a month.
I use my income to support my family,pay my masters fee.and I supply milk and vegetables to a nearby orphanage for free so that the kids in the orphanage can also feel good and well taken care of.
Loan Proposal
I am very grateful to you lenders for trusting in me and advancing me a huge loan of $2010 . I spend the money on green house ,the green house has real helped me improve my finances. Since the demand for my produce is very high, I would wish to expand the business through purchase of another green house. I believe these would help me earn $250 per month in profits. The green house would cost $3400 and I would top up the loan with savings.
I am grateful and God bless you.
Feedback
Positive
4
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$3,054.00
Date disbursed
Apr 25, 2016
Repayment status
Late
Projected term
70 months
Other loans
Lenders
Canada
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Summary
Amount repaid
$75.64
Amount remaining
$3,131.05
Expected completion
Dec 3, 2017
Status
Repaying late
Installment amount
$2.95
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 8, 2016 | $1.01 | May 1, 2016 | $1.01 |
| May 15, 2016 | $2.95 | May 22, 2016 | $2.95 |
| May 22, 2016 | $2.95 | May 22, 2016 | $2.95 |
| May 29, 2016 | $0.16 | May 22, 2016 | $0.16 |
| Jun 5, 2016 | $0.00 | ||
| Jun 12, 2016 | $1.01 | Jun 13, 2016 | $1.01 |
| Jun 19, 2016 | $0.10 | Jun 21, 2016 | $0.10 |
| Jun 26, 2016 | $0.00 | ||
| Jul 3, 2016 | $0.00 | ||
| Jul 10, 2016 | $0.10 | Jul 24, 2016 | $0.10 |
| Jul 17, 2016 | $0.00 | ||
| Jul 24, 2016 | $0.00 | ||
| Jul 31, 2016 | $2.95 | Jul 31, 2016 | $2.95 |
| Aug 7, 2016 | $0.18 | Jul 31, 2016 | $0.08 |
| Aug 7, 2016 | $0.10 | ||
| Aug 14, 2016 | $0.10 | Aug 19, 2016 | $0.10 |
| Aug 21, 2016 | $2.95 | Aug 28, 2016 | $2.95 |
| Aug 28, 2016 | $2.95 | Aug 28, 2016 | $2.95 |
| Sep 4, 2016 | $2.95 | Aug 28, 2016 | $0.16 |
| Sep 1, 2016 | $2.78 | ||
| Sep 11, 2016 | $2.95 | Sep 1, 2016 | $2.95 |
| Sep 18, 2016 | $2.95 | Sep 1, 2016 | $0.22 |
| Sep 14, 2016 | $2.72 | ||
| Sep 25, 2016 | $2.95 | Sep 14, 2016 | $0.30 |
| Sep 26, 2016 | $2.64 | ||
| Oct 2, 2016 | $2.95 | Sep 26, 2016 | $0.38 |
| Oct 16, 2016 | $2.56 | ||
| Oct 9, 2016 | $2.95 | Oct 16, 2016 | $0.46 |
| Oct 27, 2016 | $2.48 | ||
| Oct 16, 2016 | $2.95 | Oct 27, 2016 | $2.95 |
| Oct 23, 2016 | $2.95 | Oct 27, 2016 | $0.63 |
| Nov 5, 2016 | $2.32 | ||
| Oct 30, 2016 | $2.95 | Nov 5, 2016 | $1.71 |
| Nov 19, 2016 | $1.23 | ||
| Nov 6, 2016 | $2.95 | Nov 19, 2016 | $1.80 |
| Nov 29, 2016 | $1.15 | ||
| Nov 13, 2016 | $2.95 | Nov 29, 2016 | $2.95 |
| Nov 20, 2016 | $2.06 | Nov 29, 2016 | $2.06 |
| Nov 27, 2016 | $0.00 | ||
| Dec 4, 2016 | $0.00 | ||
| Dec 11, 2016 | $0.20 | Dec 9, 2016 | $0.20 |
| Dec 18, 2016 | $0.10 | Dec 20, 2016 | $0.10 |
| Dec 25, 2016 | $0.00 | ||
| Jan 1, 2017 | $2.95 | Jan 7, 2017 | $2.95 |
| Jan 8, 2017 | $0.08 | Jan 7, 2017 | $0.08 |
| Jan 15, 2017 | $0.10 | Feb 4, 2017 | $0.10 |
| Jan 22, 2017 | $0.00 | ||
| Jan 29, 2017 | $0.00 | ||
| Feb 5, 2017 | $0.00 | ||
| Feb 12, 2017 | $0.10 | Feb 13, 2017 | $0.10 |
| Feb 19, 2017 | $0.10 | Mar 7, 2017 | $0.10 |
| Feb 26, 2017 | $0.00 | ||
| Mar 5, 2017 | $0.00 | ||
| Mar 12, 2017 | $2.95 | Mar 9, 2017 | $0.10 |
| Jun 7, 2017 | $2.84 | ||
| Mar 19, 2017 | $2.95 | Jun 7, 2017 | $2.95 |
| Mar 26, 2017 | $2.95 | Jun 7, 2017 | $2.95 |
| Apr 2, 2017 | $2.95 | Jun 7, 2017 | $2.95 |
| Apr 9, 2017 | $2.95 | Jun 7, 2017 | $2.95 |
| Apr 16, 2017 | $2.95 | Jun 7, 2017 | $2.95 |
| Apr 23, 2017 | $2.95 | Jun 7, 2017 | $2.48 |
| Apr 30, 2017 | $2.95 | ||
| May 7, 2017 | $2.95 | ||
| May 14, 2017 | $2.95 | ||
| May 21, 2017 | $2.95 | ||
| May 28, 2017 | $2.95 | ||
| Jun 4, 2017 | $2.95 | ||
| Jun 11, 2017 | $123.34 | ||
| Jun 18, 2017 | $123.34 | ||
| Jun 25, 2017 | $123.34 | ||
| Jul 2, 2017 | $123.34 | ||
| Jul 9, 2017 | $123.34 | ||
| Jul 16, 2017 | $123.34 | ||
| Jul 23, 2017 | $123.34 | ||
| Jul 30, 2017 | $123.34 | ||
| Aug 6, 2017 | $123.34 | ||
| Aug 13, 2017 | $123.34 | ||
| Aug 20, 2017 | $123.34 | ||
| Aug 27, 2017 | $123.34 | ||
| Sep 3, 2017 | $123.34 | ||
| Sep 10, 2017 | $123.34 | ||
| Sep 17, 2017 | $123.34 | ||
| Sep 24, 2017 | $123.34 | ||
| Oct 1, 2017 | $123.34 | ||
| Oct 8, 2017 | $123.34 | ||
| Oct 15, 2017 | $123.34 | ||
| Oct 22, 2017 | $123.34 | ||
| Oct 29, 2017 | $123.34 | ||
| Nov 5, 2017 | $123.34 | ||
| Nov 12, 2017 | $123.34 | ||
| Nov 19, 2017 | $123.34 | ||
| Nov 26, 2017 | $123.34 | ||
| Dec 3, 2017 | $29.50 | ||
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