Diversification

Maureen

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Maureen

Member since

March 2019

On-time repayments

104 installments  •  86%

About Me

I am a small business owner operating a side hustle in Soy, Kakamega County. Having grown up in a town bordering the North Rift part of Kenya, I developed a passion for farming at a tender age given that this part of the country is considered the bread basket with farming being the main economic activity.
My observation of vegetables being a staple in the Kenyan diet prompted me to commence small scale vegetable farming which is slowly growing in clientele. I initially embarked on trials for kales, spinach, cow peas, cabbage and pumpkin leaves but have since focused on kales and indigenous vegetables known as managu which I sell to neighbors from my home area.

My Business

I primarily produce Vegetables including kales and Indigenous vegetables which I sell locally on a retail basis to households within my home area. On a day my sales range between Ksh 900 to 1200 depending on whether it’s a maker day as this implies that some local stall owners also make bulk purchases for onward bulk breaking and retail selling.
The challenge I face is seasonality of the vegetables as there are times when there is a glut especially during the rainy season hence over supply causes a dip in the prices. During the dry season, I do local irrigation(using a watering can) to ensure the crop received adequate water as the prices are at a peak at such times this enduring better profits.

I also try to minimize use of pesticides and herbicides as I am conscious about their effects.

I hope to see my business grow to a point whereby I can diversify it with poultry rearing

Loan Proposal

I’m looking to diversify my farming by including trials for capsicums, coriander and carrots. These are short term, high yielding, high profit horticultural crops which are also a great source of vitamins that I believe would be a welcome option for my clientele especially as we transition into the festive period where culinary treats are a welcome move for most households in Kenya as the extended family communes in the village in a celebratory mood to celebrate Christmas and the new year. I’m hoping to use the funds to procure seeds, set up the seed bed and eventually transplant to the main farm once the seedlings are well matured.

Feedback

1

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  • Urszula    Feb 29, 2020

    Maureen repaid her loan ahead of schedule. Thank you and all the very best with your venture!

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Loan Info

Project Type

Classic Loan

Disbursed amount

$274.00

Date disbursed

Nov 24, 2019

Repayment status

On Time

Projected term

2 months

Lenders

Paul Buchheit

Mountain View, United States

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