Drip irrigation loan

Chris Mwangi

Naivasha, Kenya

100% repaid

Entrepreneur

Name

Chris Mwangi

Member since

February 2015

On-time repayments

136 installments  •  54%

About Me

Hello Everyone,I am Chris Kingori, a Gospel Minister and farmer from Kenya.I am from a very humble background in a village deep in Kiambu County.My Parents were blessed to have 3 children,my 2 elder sisters and i.My mother was a primary school teacher,and she accidentally fell into a water pond in school,drowned & passed on in 1992.I was in High school back then,My father was a farmer and i can say we survived by grace.My Dad passed on some 2o years later in 2012.My secondary learning was a big challenge to us as my mother's salary would be used to pay for me and she was no more,luckily her benefits were paid and my whole school fees was paid.In 1995 i cleared school and in 1996 i joined some friends who gave me some temporal employment to later become permanent.While working here i enrolled myself in 3 colleges and did driving.I worked with them faithfully for 8 years.To date when they get much work they call me to assist.I later moved from Nairobi to the central rift region of kenya where i wanted to open a flowershop but things were really hard in terms of rent and new town challenges.It's then i got employed as a security guard in 2006 september.I once again worked in dedication and my boss promoted me to be the regional manager of the company.
After the 2007 post election violence i was affected and had to move towns .I am currently farming cabbages, chilli ,Kales , spinach, french beans as well as source carrots and any other fresh produce my buyers would like.Most of my clients are re sellers.I have 3 cows for a dairy farming project.

My Business

As i mentioned earlier on my introduction, much of my earning comes from farming, both crops and livestock.I also run an online store on Facebook and on Instagram, by the name ," House of Levites Duvets and Druggets" where i source and supply Duvets. I intend to create employment opportunities from my businesses as a way of giving back to the community.
I have been farming French beans, and I have subcontracted fellow farmers around my farm for more supplies towards a contract I got . That means with the current production or with sales from the online store I could be able to pay my loan on a weekly basis.
I have spaced my sowing by two weeks between plantings in order to ensure a constant supply to the client.

Loan Proposal

I am Chris Kingori from Kenya,i have a business for fresh produce supply .In my day to day operations i have managed to meet clients who are in need of bulk supply of farm produce.I am in need of some financial boost of which i want to install more drip lines to irrigate my farm which will help me cut down production costs in regard to fuel cost in water pumping ,help me minimize the amount of water wasted in furrow irrigation system i currently use as well as boost my spinach and kales weekly supply.I will be glad to have your support me.I promise to be timely & faithful in payments as i have been in the past .From my previous loan i managed to grow my business and i created employment for 2 casual laborers.i believe i can do it and not only doing it alone,but doing better together!.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$89.11

Date disbursed

May 11, 2015

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $4.46

Lenders

P

PlutusNOR

Trondheim, Norway

dajawein

Gladstone, Australia

fairspirit

Utrecht, Netherlands

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

E

E

Marin county, United States

mepster

San Francisco, Ca, United States

L

luckiestmonkey

United States

I

idris

United States

Dayton

Vancouver, Canada

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Summary

Amount repaid

$93.33

Amount remaining

$0.00

Date repaid

Aug 15, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
May 24, 2015 $10.39 May 28, 2015 $10.39
May 31, 2015 $10.39 May 28, 2015 $9.61
Jun 5, 2015 $0.78
Jun 7, 2015 $10.39 Jun 5, 2015 $10.39
Jun 14, 2015 $8.83 Jun 5, 2015 $8.83
Jun 21, 2015 $0.00
Jun 28, 2015 $5.56 Jun 27, 2015 $5.56
Jul 5, 2015 $5.56 Jun 27, 2015 $5.56
Jul 12, 2015 $5.56 Jul 11, 2015 $5.56
Jul 19, 2015 $5.56 Jul 21, 2015 $5.56
Jul 26, 2015 $5.56 Jul 29, 2015 $5.56
Aug 2, 2015 $5.56 Aug 7, 2015 $5.56
Aug 9, 2015 $5.56 Aug 8, 2015 $5.56
Aug 16, 2015 $5.56 Aug 15, 2015 $5.56
Aug 23, 2015 $8.89 Aug 15, 2015 $8.89

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