Establish a small-scale fish farm

Ken

Malindi, Kenya

54% repaid

Entrepreneur

Name

Ken

Member since

September 2015

On-time repayments

227 installments  •  84%

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

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$2,311.00

Date disbursed

Dec 21, 2020

Repayment status

Late

Projected term

19 months

Lenders

T

Tmann

Los Angeles, United States

A

Anninymouse

Southampton, United Kingdom

G

GalantnostS

Hong Kong, Hong Kong

R

Raabo

Rungsted, Denmark

Ishaque

New Jersey, United States

investor

Candiac, Canada

Kylie

Mount Martha, Australia

tycho

Madison, WI, United States

AltruisticSelfishnes

Chicago, United States

D

Davieboy

Melbourne, Australia

Johnny

shanghai, China

Hope2012

United Kingdom

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

Halifax, Canada

mtnsailor

Harrisonburg, United States

ads68

Melbourne, Australia

P

pellm

Ashland, United States

R

Rking

Eugene, United States

J

janharg

Garland, Tx, United States

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

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

United States

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

United States

SV

sven vdk

Twickenham, United Kingdom

K

Kebrenagast

New York, United States

PolarBearCapital

United States

SuperMario28

Cudahy, United States

KieranB

Ireland

lottospots

Reading, United Kingdom

jennysommer85

United States

M

mbarbier

United States

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

United States

W

Wade

United States

Jan

Netherlands

PT

Pattie Thomas

United States

Jason Ogg

New Zealand

MB

michael breen

United Kingdom

Dayton

Vancouver, Canada

DF

Daniel Fehr-Krahn

Winnipeg, Canada

SK

Sunghwan Kim

Republic of Korea

Kate Courteau

United States

Craig

Memphis, TN, United States

Richard

Shrewsbury, United Kingdom

E

erica

antwerpen, Belgium

Rukmini Sarkar

Washington DC, USA, United States

moursund

Beaver Nation, United States

RT

Rakesh Tondon

United States

I

Ian

United Kingdom

TB

Taylor Brown

United States

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

United Kingdom

Carla

Amsterdam, Netherlands

N

Nora

Germany

Mark Grey

Redding, CT, United States

N

Nick

United States

GT

Gowan Tervo

United States

G

Grace

Australia

Aran Dunlop

United States

LH

Lisa Heinze

Milwaukee, Wisconsin, United States

Douglas St Quintin

Sydney, Australia

Rosario von Li

San Jose, Ca, United States

A

Andrei

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

United States

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

United States

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

United States

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

United States

JA

Jason and Sandra

Toronto, Canada

Guatemala

JG

Jonathan Giuffrida

Chicago, United States

EW

Eli Weiss

United States

MC

Mark Cowburn

United States

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

United States

GR

Greg Rice

United States

Vratik Krocik

Prague, Czech Republic

VC

Victor Chong

United States

Christie Young

Boston, Ma, United States

M

Mark

Toulouse, France, France

D

Dalton

San Francisco, United States

hervey liu

United States

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

United States

D

David

United States

JH

Joseph Hwang

Houston, United States

S

Sarah

Arlington, United States

BN

Brian Neilon

United States

SF

steven frank

United States

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

Fairfax County Virginia, United States

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

Switzerland

WV

Wouter van Buizen

Amsterdam, Netherlands

DO

Denis Ontiveros

Guildford, United Kingdom

B

Ben

United States

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

Sonoma County, California, United States

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

A

Anonymous

United States

CM

Chris Mueller

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

A

Anonymous

United States

E

Emma

Netherlands

DK

Daniel Kalla

Saint Paul, United States

Yosef

United States

A

Anonymous

United States

GR

Gabe Radovsky

United States

Utahna

United States

L

Leo

United States

PP

Phil P

Malaysia

KM

Kirk Moore

Cerdanyola del Vallès, Spain

A

Anonymous

United States

A

Anonymous

United States

E

Emanuele

Genoa, Italy

R

Richard

United Kingdom

V

Vanice

United States

Ask Ken a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Please log in to comment.

  • Ken    May 18, 2022

    Hello Zidisha team.
    Thank you for the opportunity and support through the loan project.
    I'm making effort to repay the loan however things are difficult at the moment. Please bear with me.

    Log in to reply • Share
  • Ken    May 8, 2022

    Hello Zidisha team.
    I take this opportunity to thank you again for your continued support.
    I however wish to lower my installment amount. Please bear with me as I look for ways of coming up with the installment.

    Log in to reply • Share
  • Ken    Apr 2, 2022

    Hello Zidisha team. I thank you for the support and encouragement. I wish to lower my installment amount due to the harsh economic times we are facing. I'm committed to completely repaying the loan.

    Log in to reply • Share
  • Ken    Mar 26, 2022

    Hello Zidisha team.
    I'm appealing for continued support for the lowering of the installment amount due to hard economic times.
    I thank you for your understanding.

    Log in to reply • Share
  • Ken    Mar 20, 2022

    I'm unable to meet the high installment amounts due to low business output. I also have other commitments in terms finances.
    Kindly bear with me.
    Thank you.

    Log in to reply • Share
  • Ken    Mar 13, 2022

    Hello Zidisha team. I thank you for the opportunity to allow me to adjust my installment amount. My business went under due to the many factors affecting business. I'm however committed to repay the loan. Please bear with me. Thank you.

    Log in to reply • Share
  • Ken    Mar 6, 2022

    Greetings. I'm unable to raise the installment amount due to the slow and low earnings from the small business. I however commit to keep sending my installments on time.
    Thank you.

    Log in to reply • Share
  • Ken    Feb 27, 2022

    Hello Zidisha team.
    Things have been hard after my business collapsed due to the pandemic and I have however kept on making the weekly repayments. I therefore request that you bear with me,as I am repaying the loan.

    Log in to reply • Share
  • Ken    Feb 19, 2022

    Hello Zidisha team.
    Thank you for the consideration and support you have offered me so far. I wish to lower my installment amount since I'm unable to raise the full amount.

    Log in to reply • Share
  • Ken    Feb 13, 2022

    Hello Zidisha team. I thank you for the support and encouragement. I wish to lower my installment amount due to the harsh economic times we are facing. I'm committed to completely repaying the loan.

    Log in to reply • Share
  • Ken    Feb 5, 2022

    Hello Zidisha team.
    I want to thank you for your continued support. Business has not been doing well especially after the attacks and the covid pandemic. Please bare with the low installment amount.

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  • Ken    Jan 25, 2022

    Due to the current Corona virus situation and the political environment we are facing tough economic times. I however keep my promise of fulfilling my loan repayment. Thank you.

    Log in to reply • Share
  • Ken    Jan 11, 2022

    Hello Zidisha team.
    I thank you once again for this platform. I wish to lower my installment amount as I can not afford the higher amount. I am committed to fully repaying the loan. Thank you.

    Log in to reply • Share
  • Ken    Dec 31, 2021

    I take this opportunity to thank you for your continued support. Currently the business environment is unfavourable hence I request to be allowed to pay the lower installment amount.
    Thank you.

    Log in to reply • Share
  • Ken    Dec 17, 2021

    Greetings. I'm unable to raise the installment amount due to the slow and low earnings from the small business. I however commit to keep sending my installments on time.
    Thank you.

    Log in to reply • Share
  • Ken    Nov 8, 2021

    I hope you are well, I wish to reduce the installment amount due to many factors that are affecting business negatively, but I wish to assure you of my commitment to repay the loan fully. Thank you.

    Log in to reply • Share
  • Ken    Oct 4, 2021

    Hello Zidisha team.
    I'm appealing for continued support for the lowering of the installment amount due to hard economic times.
    I thank you for your understanding.

    Log in to reply • Share
  • Ken    Sep 7, 2021

    Hello Zidisha team. I thank you for the opportunity to allow me to adjust my installment amount. My business went under due to the many factors affecting business. I'm however committed to repay the loan. Please bear with me. Thank you.

    Log in to reply • Share
  • Ken    Aug 4, 2021

    Hello Zidisha team. I have been out of business for sometime after the shop was closed due to rent arrears.
    However we have come to an agreement and I have resumed operation and I will be making my repayments promptly. The covid situation has really had a negative effect on business.

    Log in to reply • Share
  • (Comment deleted by author)

    • Ken    Jun 6, 2021

      The covid vaccination program here is very low compared to other countries. Priority was given to essential workers and the general population only got a very small percentage which if shared among the different counties then only a few people have received the jab.

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      • (Comment deleted by author)

        • Ken    Jun 8, 2021

          Here we are unaware of such reactions or allergies. If the vaccine comes we will just get vaccinated. I wish we had people like you to enlighten us on how to go about this whole issue. Just to inform you that our health system is not really that open and is marred by rampant corruption.

          Log in to reply • Share


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