Cultivating the additional plot

Benard Kaoto

Kakrigu, Kenya

100% repaid

Entrepreneur

Name

Benard Kaoto

Location

Kakrigu, Kenya

On-time repayments

225 weekly installments  •  67%

About Me

I was born in 1977 in the Island of Rusinga, Kakrigu Village in Waware South Sub Location, Rusinga East Location. I was raised in the village where my father was a small scale fisherman and practiced peasantry in the small family land. The hardships that I saw my parents undergo influenced not to be after formal forms of employment but to engage in agriculture. This is one area that I realised many people do not venture into opting to fishing that is widely practised. However the depletion of fish species influenced me to diversify the economic activity from the mainstream fishing to farming.
In the few years that I have engaged into this sector I have discovered the 'gold' that is hidden here and I want to expand it to greater levels. I get inspired when the whole of my family, during spare time we spend a lot of our time in the farm and enjoy doing it together. My children comment that they want to buy a tractor when they grow up to aid me in ploughing instead of the conventional hoes that we use. A lot of our free time is spent in the garden and imagine the taste of a paw paw juice one hot day!!!!

My Business

Rusinga Island where I live is surrounded by the vast Lake Victoria Waters. Despite the availability of the vast waters food security has always been a challenge. The changing weather patterns have adversely affected agricultural production in the community hence low production of food crops.
In response to this challenge I decided to venture into horticultural farming where I grow cabbages, onions, tomatoes and other fast maturing food crops.
Horticultural farming has proved to be very profitable as the demands for the products are high from middle men/women who buy from my farm in bulk and resell to consumers. I occasionally sell to consumers direct which is as well profiting.
I used the proceeds from my farm in paying school fee for my children, buy school uniforms and other family supplies. I am also relieved from buying most of the food that I use at home as they are got directly from my farm.
I thank Zidisha for their support using the previous loan to cultivate the additional piece of land that I acquired and the harvest was equally bountiful.
I got a lot of support from the proceeds as my children's school fee were smoothly settled, I can now do some Christmas shopping for my family and daily meals weren't a bother as I could buy that which I did not have. Surely Zidisha is transforming lives!
I have realised that agriculture is as paying even more than mainstream jobs. I want to raise up a fence made up of barbed wire as the temporary fence I raised is weak and cannot keep the marauding animals away. At the same time a fence will keep intruders away. From the proceeds of the last harvest and an addition from yet another loan from Zidisha I hope my dreams will accomplished.
Because of the strong El-nino rains I feel I should diversify and as well try a hand in poultry rearing. It is also one project that my feasibility study has proved to be as profitable and in demand.
It is for this reason that I have a fall back in Zidisha because my savings may not be sufficient. An additional Zidisha loan added to my savings will enable me therefore to buy the materials needed like cedar poles, nails, barbed wire, pay for the labourers, raise up a structure for the chicks and buy some feeds. I understand that it is a demanding venture that will require a lot of financial input and commitment but I believe I am upto the challenge.
I therefore appeal for support from the worthy partners once again as I prepare to launch the next phase of my projects.

Loan Proposal

The rains have receded and this means that the weather is now conducive for planting again. I have acquired an additional piece of land and therefore I am making arrangement for cultivation.
I ask for Zidisha loan once again to help me meet the cultivation expenses. This will involve ploughing the extra plot in preparation for planting. I need to do this as soon as the funds are available as I am in the process of cutting down the shrubs. Due to the quality of the produce I have increased the market share and in order to meet the demands the extra plot of land will help me alot in increasing the production.

Feedback

1

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None

  • Christin    Nov 22, 2015

    Everything fine. Thanks. Will lend again.

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    • Benard Kaoto    Nov 24, 2015

      thanks for the good heart ,im happy to learn that you are willing to lend me again.may you continue with that same spirit,may the lord bless you abundantly..

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    • Benard Kaoto    Feb 22, 2018

      Keep with that good spirit, thanks a lot

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    • Benard Kaoto    Feb 27, 2018

      This time, I would like to request a loan or funding for the the local dairy cows. The attached is a photo i took when grazing my cows in one of my farms.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$92.56

Date disbursed

Jul 30, 2015

Repayment status

On Time

Projected term

4 months

Cost to entrepreneur

Service fee: $4.63

Lenders

S

snowcrystal86

New York, United States

A

andyfletcher

I want my "My loans" page back, Qatar

M

mogensh

København V, Denmark

RebeccaNie

Palo Alto, United States

C

chrisherron

Chicago, United States

H

hanso

Arendal, Norway

Boysenfam

Boulder, United States

DLarson

Morris, United States

J

JoeSolar

Virginia, United States

rhagen

New York, United States

F

flaguy999

Tampa, United States

A

Andrew22

Hopewell PA, United States

D

dpvidal

Eindhoven, Netherlands

ibc123

Seattle, United States

K

khassi

AinEbel, Lebanon

B

BearLa

Indianapolis, United States

Garry Tan

San Francisco, California, United States

G

guiambros

United States

C

chrishol

United States

T

tlbtlbtlb

United States

P

phantomdiver

United States

F

FSO

Canada

A

Ansgar

Australia

mepster

San Francisco, Ca, United States

A

afrakhan

United Kingdom

S

Schwartz

United States

alecors

Mexico, Mexico

P

pombo

United States

F

Falk

Germany

D

Doug

Baltimore, United States

MJ

Matt Jenkins

United States

DC

Dennis Comeau

United States

MH

Meghan Hughes

United States

Elly

Woudrichem, United Kingdom

Jason Ogg

New Zealand

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