Entrepreneur
Name
David
Member since
June 2015
On-time repayments
298 installments • 99%
About Me
I was born in a rural town in Kenya called Machakos. I spent most of my early childhood observing my grandparents as they did farming, though at that time most it was mostly subsistence farming. It's from this that I grew to love farming. Even after moving to the city, I still had that passion. That is why I took on farming as a hobby and eventually I have turned it into a money making venture.
I'm an information system administrator in the hospitality industry. In this role,
I'm tasked with assisting the IT manager in the provision of IT services for the hotel and the deployment of IT department requirements. I'm a qualified Computer technician and hold a diploma in computing from NCC education level 4 (QCF).
My Business
At the moment, I'm doing horticulture farming i.e., tomatoes and corianders as well as maize farming. Basically, I farm anything which is in the season and which has the prospect of giving me a good return. Initially, I was doing this as a hobby but after seeing that it gives good returns, I turned it into a business. Currently, I have employed several people who are managing my rented farms as I don't do it full time.
Most of the profits I get from the business I have invested back into it by expanding the size of the farm I rent and buying machinery I need. At the moment I'm saving money so that I can buy my own land.
Loan Proposal
Currently I have observed that coriander seeds are on high demand and it difficult to find them. This prompted me to plant some for testing to see if they can do better in my farm area. The result was surprising hence my decision to plant them this season. They do not require much attention compared to tomatoes. I will you this amount to increase my rented farm and buy seedlings.
About Me
I was born in rural town in Kenya called Machakos and spent most of my early childhood observing my grandparents as they do farming though at that time most it was mostly subsistence farming. Its from this I grew to love farming and even after moving to the city I still had that passion. That is why I took farming as hobby and eventually I have turn into in to a money making venture.
I'm an Information system administrator in hospitality industry. In this role,
I'm tasked with assisting the IT manager in the provision of IT services for the hotel and the deployment of IT department requirements.
I'm a qualified Computer technician with and holds a diploma in Computing from NCC education level 4 (QCF).
My Business
At the moment I'm doing horticulture farming I.e Tomatoes and corianders as well as Maize farming. Basically I farming anything which is in the season and which has prospect of give me a good return.
Initially I was doing this as hobby but after see that it gives good returns I turn it into a business. currently have employed severals people who are managing my rented farms as I don't do it full time.
Most of the profits I get from the business I have invested back into it by expanding the size of the farm I rent and buying machinery need. At the moment I'm saving money so that I can buy my own land.
Loan Proposal
Currently I have observed that coriander seeds are on high demand and it difficult to find them. This prompted me to plant some for testing to see if they can do better in my farm area. The result was surprising hence my decision to plant them this season. They do not require much attention compared to tomatoes. I will you this amount to increase my rented farm and buy seedlings.
Feedback
Positive
3
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$387.00
Date disbursed
Apr 17, 2016
Repayment status
On Time
Projected term
3 months
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Summary
Amount repaid
$406.36
Amount remaining
$0.00
Date repaid
Aug 4, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Apr 28, 2016 | $20.15 | Apr 29, 2016 | $20.15 |
| May 5, 2016 | $20.15 | May 6, 2016 | $20.15 |
| May 12, 2016 | $20.15 | May 12, 2016 | $20.15 |
| May 19, 2016 | $20.15 | May 19, 2016 | $20.15 |
| May 26, 2016 | $20.15 | May 26, 2016 | $20.15 |
| Jun 2, 2016 | $20.15 | Jun 2, 2016 | $20.15 |
| Jun 9, 2016 | $20.15 | Jun 9, 2016 | $20.15 |
| Jun 16, 2016 | $20.15 | Jun 16, 2016 | $20.15 |
| Jun 23, 2016 | $35.26 | Jun 23, 2016 | $35.26 |
| Jun 30, 2016 | $35.26 | Jun 30, 2016 | $35.26 |
| Jul 7, 2016 | $35.26 | Jul 7, 2016 | $35.26 |
| Jul 14, 2016 | $35.26 | Jul 14, 2016 | $35.26 |
| Jul 21, 2016 | $35.26 | Jul 21, 2016 | $35.26 |
| Jul 28, 2016 | $68.91 | Jul 28, 2016 | $35.26 |
| Aug 4, 2016 | $33.65 | ||
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