Entrepreneur
Name
Kennedy
Member since
October 2014
On-time repayments
67 installments • 66%
About Me
My name is Kennedy Oyondi. I was born into a family of four. I went to Esimuli Secondary School and passed to join Masinde Muliro of Science and Technology, where I graduated with a degree In Mechanical Engineering.
I started my farming business while in school, and at some point I could not afford school fees completely and had to get a means of paying for myself. The thought of deferring my studies made me feel sick and depressed, so I decided to work hard on my farm to raise my school fees.
We have a unique culture, and the elders are rainmakers. They can actually decide whether it rains or not. That is still a puzzle to me, because I don't really understand how it works. Welcome to our land and you will see wonders!
During my free time, I volunteer in the neighboring schools and teach mathematics, which is my best subject. I also guide and counsel bright and needy students to work hard to achieve their goals.
My Business
I am a commercial, small-holder farmer. I grow vegetables on my farm and supply those to my clients, using my bicycle. The vegetables are fast-moving consumer goods and clients always come to my farm to buy fresh, high-quality produce.
I chose this business because it's one of the most profitable businesses here, and it is not too capital-intensive.
I generally spend about $100 on fuel for my small generator and on chemicals. My revenues, in good months, are between $150-$250. In a really good month, I make $150 in profits.
I use my proceeds to go toward clearing my university fees so that I can pick up my certificate, which is still being held by the university; and I also pay fees for my sibling, who is in secondary school and wants to be a doctor. It's my pride to see him in school.
Loan Proposal
hello lenders <i wish to insatall drip irrigation system in my farm .the drip irrigation will help me save water and hence increase area under irrigation . The drip system will cost me $1000 and I will top up the money with my savings. II expect my productivity to increase by 35% and my income to increase buy the same amount.thank you
Feedback
Positive
4
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$649.00
Date disbursed
Aug 11, 2015
Repayment status
Late
Projected term
8 months
Other loans
Lenders
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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Summary
Amount repaid
$345.00
Amount remaining
$333.17
Expected completion
Apr 17, 2016
Status
Repaying late
Installment amount
$15.00
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 23, 2015 | $49.00 | Aug 23, 2015 | $49.00 |
| Aug 30, 2015 | $49.00 | Aug 30, 2015 | $49.00 |
| Sep 6, 2015 | $49.00 | Sep 7, 2015 | $49.00 |
| Sep 13, 2015 | $49.00 | Sep 14, 2015 | $49.00 |
| Sep 20, 2015 | $49.00 | Sep 21, 2015 | $49.00 |
| Sep 27, 2015 | $40.00 | Sep 29, 2015 | $20.00 |
| Oct 6, 2015 | $20.00 | ||
| Oct 4, 2015 | $0.00 | ||
| Oct 11, 2015 | $0.00 | ||
| Oct 18, 2015 | $15.00 | Oct 12, 2015 | $15.00 |
| Oct 25, 2015 | $15.00 | Oct 12, 2015 | $5.00 |
| Oct 20, 2015 | $10.00 | ||
| Nov 1, 2015 | $15.00 | Oct 20, 2015 | $10.00 |
| Oct 28, 2015 | $5.00 | ||
| Nov 8, 2015 | $15.00 | Oct 28, 2015 | $15.00 |
| Nov 15, 2015 | $15.00 | ||
| Nov 22, 2015 | $15.00 | ||
| Nov 29, 2015 | $15.00 | ||
| Dec 6, 2015 | $15.00 | ||
| Dec 13, 2015 | $15.00 | ||
| Dec 20, 2015 | $15.00 | ||
| Dec 27, 2015 | $15.00 | ||
| Jan 3, 2016 | $15.00 | ||
| Jan 10, 2016 | $15.00 | ||
| Jan 17, 2016 | $15.00 | ||
| Jan 24, 2016 | $15.00 | ||
| Jan 31, 2016 | $15.00 | ||
| Feb 7, 2016 | $15.00 | ||
| Feb 14, 2016 | $15.00 | ||
| Feb 21, 2016 | $15.00 | ||
| Feb 28, 2016 | $15.00 | ||
| Mar 6, 2016 | $15.00 | ||
| Mar 13, 2016 | $15.00 | ||
| Mar 20, 2016 | $15.00 | ||
| Mar 27, 2016 | $15.00 | ||
| Apr 3, 2016 | $15.00 | ||
| Apr 10, 2016 | $15.00 | ||
| Apr 17, 2016 | $3.17 | ||
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