Distributing locally produced rice in urban markets

Judy

Athi River, Kenya

100% repaid

Entrepreneur

Name

Judy

Member since

January 2014

On-time repayments

246 installments  •  78%

About Me

I am 34 years, old an accountant by profession with over 10 years of expansive and skillful experience in various industries.

I am married and blessed with two girls.2020 has been a tough year due to the COVID 19 PANDEMIC jobs have been greatly affected with employees either getting salary cuts or loosing their jobs altogether.This has made me think of other ways of supplementing my income to assist in staying afloat.

So far I have tried a few ventures but with not much success but am I am positive and choose to remain focused (Follow,one, course until successful) in farming and selling onions.

Your assistance has always been very helpful and I hope you will walk with me in my venture to financial freedom.

My Business

Farming.
I started my farming maize business this year in Kagumo(upcountry) in the year 2019 during the long rain seasons,but unfortunately due to the intensity of the rain the crops were attacked by pests and some damaged and not much was salvaged.

After a few consultations and research I have decided to hire a a piece of land and grow nappier grass since it requires very little maintenance and the availability of ready market at Kagumo(up country).It will require animal manure once a year and harvest between 3 to 4 times a year.

The cost price of hiring rages from kshs.9,000.00 to 12,000.00 per year,maintenance cost per month and manure will cost roughly kshs. 5,000/=,currently I am also retailing onions buying at kshs.30 per kg and selling at kshs. 60 per kg.Per week sales rage from kshs.600/= to kshs.750/=

The loan will enable me carry out the two ventures smoothly and also assist me in meeting my needs and growing my savings.

Your support will be highly appreciated.

Loan Proposal

I normally sell Pishori rice from Mwea Kirinyaga County.This is a business I do everyday and never feel tired.I normally enjoy the travel to my various clients who call and I take my product to them.
By getting rice from the farmers,no chemicals are used to preserve my product and my customers prefer it to other shelf rice from supermarkets.
Rice is an everyday food in our society and people must eat in order to move on with their everyday activities.I never lack clients for my product and I enjoy providing food for them.I normally sell at a favorable price of kshs. 150 per kilogram which attracts more people to my rice.I buy the rice at kshs. 100 per kilogram giving me a profit of kshs 50 per kilo.
There are challenges I face during transportation because of poor handling and sometimes the sack carrying the rice may tear and the spillage results.
In a good month,I make sales of upto kshs 40,000.
The monthly expenses add upto kshs. 20,000 resulting to profit of upto kshs. 20,000.
The loan will be fully used in buying more rice which will result to more sales and growth in my business.The excess money can be used to create a website which will help in marketing of my product.

Feedback

3

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Apr 24, 2014

Repayment status

On Time

Projected term

6 months

Lenders

L

Lemon

Switzerland, Switzerland

Bobrm2k3

Charleston, United States

bconrad

Seattle, United States

A

alretz

United States

araidia

United States

L

leftyoctober

Minneapolis, United States

larry

Sweden

C

cass7210

United States

L

LlamaLady

United Kingdom

J

jkarbassi

Nashotah, United States

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

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  • Judy    Nov 18, 2021

    I am greatful for all the support that had been accorded to me over the past few years on my business ventures,however it has come to that time that for us to part ways.
    I would like to confirm whether the credit risk and member fund that was deducted every time funds were disbursed is refundable,if so kindly let me know what I need to do to get the refund and let me know how I can close/di-active my account.
    Once more thank you for holding my hand and offering financial assistance for my business ventures.

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  • Judy    Aug 20, 2019

    I am yet to harvest

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  • Judy    Jun 29, 2019

    The harvest will be done in August.

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  • Judy    May 15, 2019

    The rains are not yet adequate but I am still hopeful that it will be adequate to enable me to harvest.

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  • Judy    Apr 12, 2019

    Due to lack of rains,my farming business which was meant to repay the loan has stalled.
    I am hopeful that the long rains will start soon so that my financial status can improve.

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  • Judy    Feb 21, 2019

    I am still in a financial crunch,the weather did not favor farmers but once my finance stabilize I will pay a large sum.
    I am just breaking even so no profits as yet

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  • Judy    Jan 16, 2019

    I got conned some money and it threw me off course.I am still trying to get on my feet.Once that happens i will pay off the outstanding amount.

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  • Judy    Nov 22, 2018

    Due to inadequate rains the crops are not flourishing well and it has been abit costly trying to find alternatives to water the crops.

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  • Judy    Oct 12, 2018

    My project is a farming business which will take like three months to reach maturity.Within the three months I will be spending on weeding,fertilizer and casuals.Once the work is once I will be able to revert back to the usual installment.

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  • Judy    Oct 3, 2018

    Dear Lenders
    Am grateful for your generosity,I received the loan I had applied for. Sorry for late the feedback being end month my day job had me tired up.

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  • Judy    Sep 25, 2018

    To my previous lenders thank you for the support and confidence in me.To my current lenders thank you for believing in my venture.I am hopeful that the short rains will be adequate to ensure my venture is a total success and give me the opportunity to share photographs of the land and the progress.
    Thank you once more.

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  • Judy    Sep 20, 2018

    Thank you my lenders for believing in my venture and supporting in my quest for financial freedom.
    The loan I have completed to pay was used to venture into farming.Due to the heavy rains the crops did not do very well and i only managed to break even.
    The money I got from the venture I used it to clear my loan to have the opportunity to to apply for another loan to prepare for the short rain season beginning October.
    My costs are kshs. 21,400.00 with an expected revenue ranging from kshs. 30,000.00 to 40,000.00 depending on how the season will be.
    Thank you for your continued support.

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  • Judy    Aug 25, 2018

    Due to the heavy rains,I only managed to get back the cost of farming from the maize.
    I am waiting for the next rainy season starting September to plant again and hope to get bumper harvest

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  • Judy    Jul 14, 2018

    My maize has matured.Am yet to get a buyer and I hope in the next three weeks I will manage to get one.

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  • Judy    May 7, 2018

    How long does it take for a repayment to reflect in ones loan account?
    I made an Mpesa payment on 04/05/2018 and its yet to reflect on my account.

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  • Judy    Apr 27, 2018

    I take this opportunity to thank my lenders for believing in my venture.

    Am travelling upcountry tomorrow I hope the weather will be convenient for me to visit the shamba and take photos to show you how the maize is fairing.I had already invested kshs.10,000. Which I will reimburse myself and pay for my children's school fees.


    The balance I will also sample a few areas so as I can settle for a piece of land for the nappier grass venture.

    Sky is the limit.Lets do it

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  • Dustin Lape    Apr 16, 2018

    You can do it! Let's bring that repayment rate up to 90% or more!

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  • Judy    Feb 14, 2018

    Hello,
    Am unable to finalize my loan proposal once I reach the last stage and click the next button it reverts back to the dashboard without updating my new loan proposal.
    Can some assist me ?

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    • Hezron    Feb 14, 2018

      Hello Judy if the problem continues kindly go to support ticket and post the qwery, Otherwise it must have been a tempolary system problem.
      All the best Judy and May your business expand to Unimaginable heights.

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      • Judy    Apr 16, 2018

        Hi Hezron,
        My zidisha profile support ticket seems to have been removed.AM Unable to launch my complains.Has Zidisha platform changed? What makes a loan a loan proposal stay for several days pending approval fro Zidisha staff.Are there new rules that am not aware off?Kindly assist.

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  • Judy    Dec 29, 2017

    Hi,
    Am grateful for the far I have come and for the financial assistance you accorded me.

    Unfortunately I have not been able to share photos of my small business this has been due to my promotion in September which has been challenging but am grateful am adapting well .

    I was unable to do much on my small business due to lack of time and the funds and profits that i had gained I channeled them towards my daughters school fees.

    My youngest daughter is enrolling in school in January and I would be grateful for your assistance in reviving my small business to enable me to cater for their needs and emplower me financially.

    Thanking you for the continued support.

    Regards,
    Judy

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  • Judy    Oct 5, 2017

    Hi,
    I paid ksh.1,000 on 2/10/2017 but its not reflecting on my loan account.Is there a number or email I can forward the Mpesa transaction message so that my account can be updated?

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