Establish a small-scale fish farm

Ken Mutinda

Malindi, Kenya

42% repaid

Entrepreneur

Name

Ken Mutinda

Location

Malindi, Kenya

On-time repayments

177 weekly installments  •  89%

About Me

I have grown up in Coastal Kenya.I have graduated recently from Egerton University with B.Sc (Horticulture). Due to the lack of jobs, I have over 500 mango seedlings which I plan to graft soon, though I wish to expand the nursery to include ornamental plants. I also make soap-less detergent that I sell to car wash businesses. These ventures have been started with a small amount I had saved.
The recent G.E.S summit was very inspiring and acts as my source of motivation. I also plan to venture into farming both in crops and livestock.

My Business

My business is mainly poultry farming whereby we are involved in selling both eggs and meat. I also invest in small scale cattle and goat farming. The rest of the farm area is covered in agroforestry whereby we grow crops and trees for sustainability.
The trees are sometimes harvested for timber and firewood. This helps to boost the financial status especially for home use. There is also a small tree nursery whereby seedlings are sold at affordable prices.

Loan Proposal

I intend to use the loan to carry out all the activities for the establishment of the fish farm.
Well (water source) = $700
Pumb (solar) = $700

Pond
Excavation = $200
Liner (plastic) = $150

Fingerlings (2000) = $200
Feed = $300
Miscellaneous = $250.

Total expenses are estimated at $2,500.

The fish are expected to mature in six months after which they will be sold at a market price of $3.

Returns
2000*$3 = $6,000.
Less petty expenses and other losses total earnings are estimated at $5,000.

The water from the well will also be sold to neighbors and other users at a small fee.
This will be used to substitute other domestic needs.

Income Source

This is a difficult question especially that I am not working in the time being after having been layed off due to the covid pandemic. I'm hoping that you can give me a grace period to find a job and in the meantime invest in me.
I have had a clean record in terms of loan repayment. I will start to repay the loan as soon as I get a job.

Show original English  

About Me

My name is Ken Mutinda. I am a Kenyan and mainly reside in Malindi town in thee north coast. My childhood can be described as one that was adventurous and fan. I have completed my education up-to bachelors degree level.
Some of the main challenges that we faced at home was poverty and we had to overcome by perseverance and encouragement from our parents and friends.
I started my nursery business immediately I completed college and from the saving I started the detergent business. I also keep some ducks which I sell upon maturity as well as their eggs.
I live in a cosmopolitan area whereby people of different cultures live together in peace.

My Business

My business is mainly poultry farming whereby we are involved in selling both eggs and meat. I also invest in small scale cattle and goat farming. The rest of the farm area is covered in agroforestry whereby we row crops and trees for sustainability.
The trees are sometimes harvested for timber and firewood. This helps to boost the financial status especially for home use. There is also a small tree nursery.
I now wish to purchase the motorbike to help with transport as well as be a source of money and employment.

Loan Proposal

I intend to use the loan to carry out all the activities for the establishment of the fish farm.
Well (water source) = $700
Pumb (solar) = $700

Pond
Excavation = $200
Liner (plastic) = $150

Fingerlings (2000) = $200
Feed = $300
Miscellaneous = $250.

Total expenses are estimated at $2,500.

The fish are expected to mature in six months after which they will be sold at a market price of $3.

Returns
2000*$3 = $6,000.
Less petty expenses and other losses total earnings are estimated at $5,000.

The water from the well will also be sold to neighbors and other users at a small fee.
This will be used to substitute other domestic needs.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$2,232.69

Date disbursed

Dec 21, 2020

Repayment status

On Time

Projected term

14 months

Cost to entrepreneur

Service fee: 10% of $2,232.69 = $223.27

Credit risk payment: $334.90

Lenders

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A

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R

Raabo

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Ishaque

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investor

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Kylie

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tycho

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AltruisticSelfishnes

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D

Davieboy

Melbourne, Australia

Johnny

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Hope2012

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DeanDropshot

Oslo, Norway

S

soren

Göteborg, Sweden

J

jonase

Boise, United States

F

Forba

Mo i Rana, Norway

A

AlethiaLtd

Carlisle, United Kingdom

Scott

Oregon, United States

L

ldron7

Utah, United States

B

blennert

Bakersfield, United States

AF

a f

washington, United States

T

ToddK

Indianapolis, IN, USA, United States

MindMuse

Talking Rock, United States

B

Becmo

Brisbane, Australia

C

CrazyCanuck

Nepean, Canada

C

CheesemanDan

Shanghai, China

A

Alicee

Munich, Germany

Tavin

Ottawa, Canada

simonvikstrom

Drottningholm, Sweden

B

Bavarian

Bavaria, Germany

T

tonilends

catalonia is not:, Spain

C

cyrilleberger

Gammalkil, Sweden

dajawein

Gladstone, Australia

Sundstroms

Falun, Sweden

M

mattandrike

Arlington, United States

D

Divergent

Bethesda, United States

Shasta

Erie, United States

D

duckdork

De Forest, United States

G

glomardor

Leonardtown, United States

Cloudways

Malta, Malta

WormaldTSG

Rydalmere, Australia

S

SvenWaage

Stavanger, Norway

V

Va_Ce_Jo

Egham, United Kingdom

L

loistf

Madrid, Spain

G

Goodwill

Oakland, United States

juliemartha

Lake Mary, United States

peanut

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mtnsailor

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ads68

Melbourne, Australia

P

pellm

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R

Rking

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J

janharg

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T

Travelbear

Asheville, United States

Christopher

Copenhagen, Denmark

U

UmSaeed

Southfield, United States

E

edgreig

Brixton, United Kingdom

A

Aaron

Zurich, Switzerland

D

darkpella

Correggio, Italy

C

CheapThrills

Liminka, Finland

Ingela

Falun, Sweden

P

Peksa

Espoo, Finland

J

jerryq

Redding, United States

M

mkellerman

Shanghai, China

B

boronat

Brussels, Belgium

A

Andy

Berlin, United States

G

glh25

Winooski, United States

camilberlin

Berlin, Germany

Bobrm2k3

Charleston, United States

MichaelOsburg

Hochheim, Germany

N

NLArjan

Leiden, Netherlands

P

prehders

Hamburg, Germany

JTShorty

Gorham, Maine, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

G

Goldrivermob

Gold River, Canada

M

miriamg

Toronto, Canada

Jason

Auckland, New Zealand

Stefano Bertolo

Luxembourg, Luxembourg

paulclinton

malaga, Spain

Zal0m0n

Atlantis!!!! x), Mauritania

K

kingcamo1095

Mountain Home, United States

A

AndrewC

London, United Kingdom

Atheist4good

United States

F

Frenchie

Johannesburg, United Arab Emirates

gseletko

South Perth, Australia

S

Sreval

Manly, Australia

L

Leonora

TÄBY, Sweden

mojobob

Hayward, United States

JOKer

Weisendorf, Germany

O

Ohio

Ohio, United States

stever

Cape Coral, United States

thomas2666

Brisbane, Australia

ibc123

Seattle, United States

E

edgrr000

Dallas, United States

A

ADISI

Bern, Switzerland

E

E

Marin county, United States

Freewolf

Salt Lake City, United States

MrMichigander

Marquette, United States

R

richdullaghan

Encinitas, United States

iggwag

Kilifi, Kenya

mikeice

Kohler, United States

Namulanda

nairobi, Kenya

A

Armeij

Veendam, Netherlands

sderickson

Berkeley, CA, United States

B

bunturedempter

United States

G

GoughGirl

Washington, Dc, United States

M

Malibu

Westwood, United States

T

tophini

Alma, United States

D

drorm

United States

W

wnsomba

Tanzania

M

Mullagh

United Kingdom

O

osubucks45

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AllieJ

Camberwell, Australia

DavidHS

United Kingdom

M

Michi

Switzerland

K

Kber9156

North Parramatta, Australia

trincowski

Vilar, Vila do Conde, Portugal

mepster

San Francisco, Ca, United States

L

luckiestmonkey

United States

B

bscent

Hong Kong

Vesa

Helsinki, Finland

Grant Xavier Storer

Seattle, Wa, United States

J

jdelaporte

United States

K

Keith

Luxembourg

S

satheajay

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SV

sven vdk

Twickenham, United Kingdom

K

Kebrenagast

New York, United States

PolarBearCapital

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SuperMario28

Cudahy, United States

KieranB

Ireland

lottospots

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jennysommer85

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M

mbarbier

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HL

Holly Laird

Austin, United States

S

Stephan

Netherlands

matt carroll

London, United Kingdom, United Kingdom

P

Philip

Bremen, Germany

Tanya

Nelson, New Zealand

Jeroen Decock

Gent, Belgium

Dave Bogard

New York, United States

MW

Matt Willis

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W

Wade

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Jan de Wit

Utrecht, Netherlands

PT

Pattie Thomas

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Jason Ogg

New Zealand

MB

michael breen

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Dayton

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DF

Daniel Fehr-Krahn

Winnipeg, Canada

SK

Sunghwan Kim

Republic of Korea

Kate Courteau

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Craig

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Richard

Shrewsbury, United Kingdom

E

erica

antwerpen, Belgium

Rukmini Sarkar

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moursund

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RT

Rakesh Tondon

United States

I

Ian

United Kingdom

TB

Taylor Brown

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T

Trish

New Zealand

kristina

Dneprodzerginsk, Ukraine

Jorgen V

Mol, Belgium

ME

Manaal Eisa

Washington DC, United States

WE

Wendy Emlyn

Devon, United Kingdom

Emma

Australia

TH

tom hd

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Carla

Amsterdam, Netherlands

N

Nora

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Mark Grey

Redding, CT, United States

N

Nick

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GT

Gowan Tervo

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G

Grace

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Aran Dunlop

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LH

Lisa Heinze

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Douglas St Quintin

Sydney, Australia

Rosario von Li

San Jose, Ca, United States

A

Adam

United Kingdom

Eugen Stamm

Zurich, Switzerland

Christopher Hey

Sudbury, Canada

Taylor

Memphis, United States

E

Enda

Abu Dhabi, United Arab Emirates

Cliff

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DM

Dimitri Malarme

Brussels, Belgium, Belgium

Elise E

United States

SH

Steven Huntington

London, United Kingdom

Carlo Cruz

Cincinnati, OH, United States

Dan Michael

Oslo, Norway

Thomas

Sweden, Sweden

Gabriel Fenili

Santo André, Brazil

R

Rahima

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Mojoe

Atlanta, United States

K

Katka

St Albans, United Kingdom

I

isaac

United Kingdom

DK

Danny Kelly

United States

RC

Rudi Chen

United States

Stephan W

Witten, Germany

Carla

United States

SB

Sue Bucholz

Sacramento, United States

NG

Nick Gorrell

Surfers Paradise, Queensland, Australia

H

Heather

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Derek Anderson

Yankton, United States

G

Gil

Portugal

BW

Betty Waweru

United States

A

AJ

United States

GA

Giovanni and Yelena

New York, Ny, United States

JA

Jan Andresen

Hamburg, Germany

Sinan Taifour

Munich, Germany, Germany

SM

Sachet Marion

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JA

Jason and Sandra

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Guatemala

JG

Jonathan Giuffrida

Chicago, United States

EW

Eli Weiss

United States

MC

Mark Cowburn

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Ren

Minneapolis/StPaul, United States

Martin Kraus

Traiskirchen, Austria

SH

Stephanie He

United States

JS

Jason Strauss

United States

MF

Mike Frawley

United States

JA

Joshua Axtell

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GR

Greg Rice

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Vratik Krocik

Prague, Czech Republic

VC

Victor Chong

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Christie Young

Boston, Ma, United States

M

Mark

Toulouse, France, France

D

Dalton

San Francisco, United States

hervey liu

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E

ericb321

Republic of Korea

S

Southbanker

Reading, United Kingdom

GS

Gary Sinard

Franklin, TN, United States

M

Marco

Napoli (Italy), Germany

JF

J Fister

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D

David

United States

JH

Joseph Hwang

Houston, United States

S

Sarah

Arlington, United States

BN

Brian Neilon

United States

SF

steven frank

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Nethanel Kohen

NYC, United States

GS

gina sanders

United States

Daveycee

The Hague, Netherlands

AB

Ashira Blazer

United States

A

Anne

United Kingdom

TW

Tom Wiegand

United States

MC

Melissa Corrigan

Richmond, California, United States

Theo

Zürich, Switzerland

H

Haley

United States

Raoul

Germany

Chris

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AM

Andy Marston

United Kingdom

Claire Lewis

Wales Uk, United Kingdom

E

EJOBIV

United States

AA

Andrew and Kim

Nashville, TN, United States

petter

Finland

KB

Kevin Burch

United Kingdom

WM

Will Martin

United States

Genuine Interest

Singapore, Singapore

Nick Studenski

Minneapolis, United States

Remo

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WV

Wouter van Buizen

Amsterdam, Netherlands

DO

Denis Ontiveros

Guildford, United Kingdom

B

Ben

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Magnus Palmgren

Gothenburg, Sweden

BR

Brian Rickman

United States

We Not Me

St. Paul, Minnesota, United States

C

Carol

Bayswater, WA, Australia

Girolamo Marroccoli

Basel, Switzerland

LT

Lisa Taylor

California, United States

Mark Wilco

Columbus, OH, United States

EA

Eric Ayers

Atlanta, United States

Taylor Vaughn

Nashville, United States

M

Mika

Switzerland

Peter Collins

Darmstadt, Germany

C

Charles

Australia

C

Camm

Australia

I

Isaac

United States

World Centric

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alexalexalex

Berlin, Germany

Andrew

United States

JR

Jose Ramirez

World, Spain

R

Roman

Germany

RS

Ralph Smyth

United Kingdom

Christine

Munich, Germany

GF

Gammon Family

United States

T

T

United States

NB

Nikolaus Bührer

Karlsruhe, Germany

Erin

Santa Barbara, United States

M

MaggieK

United States

A

Aaro

Finland

Noel Hamill

Halifax, Canada

JA

Justin A

Fort Collins, United States

JD

Jill Dempsey

United States

JB

Juan Busco

United States

AN

Alex N

Australia

Sayuri

United Kingdom

CL

Caleb Liu

United States

D

Dan

Australia

M

Melissa

United States

Supatra Gill

Tooma, New South Wales, Australia

M

Maria

Germany

S

Stephen

United States

Maria Lawler

United States

MC

Mike Cormack

Vancouver, Canada

E

Emma

Netherlands

DK

Daniel Kalla

Saint Paul, United States

Yosef

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Utahna

United States

L

Leo

United States

Babbitt Family Foundation

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PP

Phil P

Malaysia

KM

Kirk Moore

Cerdanyola del Vallès, Spain

E

Emanuele

Genoa, Italy

R

Richard

United Kingdom

V

Vanice

United States

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