Expand vegetable farmland and buy farming inputs

Hillary Ongute

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Hillary Ongute

Member since

May 2014

On-time repayments

327 installments  •  76%

About Me

I was born in Kenya in a family of nine. I was educated by my parents through struggle with my father being a teacher and my dad a housewife. I must admit that I was a very industrious boy going by the remarks of my teachers. We depended on the small income from my dad who later passed on because of high blood pressure. Since then my mother relies on daily farming with one dairy cattle that produces milk to the entire family. In my home area people are employed and also practice subsistence farming. The area is semi-urban with a lot of business activities. However, it is a challenge to start a business that requires physical premises like a shop. Insecurity has seen many business people robbed off at night. I have personally experienced the insecurity issue when my elder brothers shop was raided one night and he incurred huge losses. From this experience I resolved never to be involved in such a business. This is one of the reasons that drove me into freelance business when I got some capital. Without waiting time let me slightly explain my journey in business. Life was very difficult after graduating from University in 2007. I had to find something to do in order to survive in town. I ended up starting freelance writing and a sales business to supplement my income. My main source of income comes from freelance writing. However, my health business is still growing and I expect to make new customers and increase my profits. In my free time I love swimming and networking with people some of whom have become very good customers who keep coming for my products. From my family, majority of my siblings are not interested in business and that is why they are all my customers and thy also introduce me to their friends.

My Business

For over three years, I have been involved in freelance writing and the going has been tough. Some of the income that I gained from freelance writing has been invested in agribusiness. I have an interest in horticultural farming because it has the potential of more agricultural production in the course of the year. In Kenya there is a huge demand for fruits and vegetables because a considerable urban population is informed about the benefits of nutrients from fresh fruits and vegetables. I ventured into horticultural farming after gaining good knowledge from Kenya Agricultural research Institute where I was doing my attachment. I therefore I believe that im in a better position to produce some crops like Melons, tomatoes and potatoes using modern horticultural technologies. I also have interest in producing onions because there is ready market and the crop can be managed easily. My business is profitable because the market for the products is ready and I can minimize the costs of production.My horticultural products are preferred in the market because they are fresh and I use less chemicals during production. The risks that my agribusiness faces include pests and diseases, poor weather and theft of produce. However, I will put in place measures to address some of the challenges. For a one hectare piece of land that I have secured, the cost of production will be $500. From the sales of the produce I will be able to make $900. This will enable me to repay my loan and even invest more in horticultural production.Im considering purchasing agro nets that can be used in the management of pests that cause havoc in horticultural crops. I will be able to repay my loan because I also do freelance writing an im able to get some income that can repay the loan as I wait for my produce.

Loan Proposal

With the loan, I will be able to hire more land and increase the area under vegetables. I will be harvesting weekly selling the vegetables and also earn from the sale of the seeds when some of the vegetables mature.

Feedback

2

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Loan Info

Project Type

Classic Loan

Disbursed amount

$444.82

Date disbursed

Feb 9, 2019

Repayment status

On Time

Projected term

24 months

Cost to entrepreneur

Service fee: $18.74

Credit risk payment: $74.97

Lenders

Brian

Midhurst, Canada

S

stroll

Stockholm, Sweden

S

soren

Göteborg, Sweden

AndreaBravi

London, UK, Canada

LA

United States

MarktheMormon

Sandy, Utah, United States

T

Tallago3

Munich, Germany

helogr53

Abbotsford, Canada

R

rmacaw

Australia

A

anonymous123

United States

C

cyrilleberger

Gammalkil, Sweden

indeh

London, United Kingdom

Pierfausto

Rome, Italy

Sundstroms

Falun, Sweden

Erica

Caledon, Canada

Cloudways

Malta, Malta

Paul and Rachel

London, United Kingdom

U

USDescartes

Columbus, OH, United States

L

leniwiec

Poznan, Poland

ads68

Melbourne, Australia

Bhayl

Stavanger, Norway

C

CheapThrills

Liminka, Finland

Bobrm2k3

Charleston, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Jason

Auckland, New Zealand

Freewolf

Salt Lake City, United States

ProfWriter

Boone, United States

A

akshu71

Ottawa, Canada

D

drorm

United States

MalcolmL

San Francisco, United States

cc5alive

Los Angeles, United States

B

bscent

Hong Kong

P

pnrjulius

United States

SuperMario28

Cudahy, United States

R

ross22

United States

JL

Joao Leal

United Kingdom

matt carroll

London, United Kingdom, United Kingdom

Dave Bogard

New York, United States

SteveFylde

United Kingdom

MD

Miles Dodge

CORVALLIS, United States

H

Hazel

United Kingdom

MB

michael breen

United Kingdom

Kate Courteau

United States

SK

Stefan Kruell

Muenster, Germany

E

erica

antwerpen, Belgium

RM

Roxane Milot

Gatineau, Québec, Canada

Kevin

San Francisco, United States

TH

tom hd

United Kingdom

J

John

United Kingdom

MR

Michiel Rauws

San Francisco, Netherlands

R

Rhys

Australia

H

Harry

Florida, United States

Pedro R-C

Cambridge, United States

G

Gabri

Austria

F

Frits

Rotterdam, Netherlands

M

Mart

United Kingdom

D

Daniel

United States

AH

Alexander Hipp

United Kingdom

G

GS2

Germany

G

Gianni

Venice, Italy

Isabella

UK, United Kingdom

jo

Los Angeles, United States

Joe Lamantia

Reston, Virginia, United States

CR

Christine Randall

Brisbane, Australia

DT

Dave Tyler

United States

Cliff

United States

CC

Chris Cutter

United States

BS

Brandon S

United States

M

Magnus

Switzerland

J

Jo

United States

C P

Mazatlan, Mexico

Sinan Taifour

Munich, Germany, Germany

Vratik Krocik

Prague, Czech Republic

B

BSM

France

P

Petra

Switzerland

G

grahamk

United States

JF

J Fister

United States

D

David

United States

Gretchen Reibold

Port Royal Sound, United States

Oman

RS

Rohan Singh

United States

Bruno

Vancouver, Canada, Canada

M

Mark

United States

Michael Bauschke

Dresden, Germany

sbdoc

Reno, United States

Metalfreund

Berlin, Germany

J

Jorrit

Eindhoven, Netherlands

Pay-It-Forward

Durban, South Africa

R

Richard

United Kingdom

Amon Munyaneza

Kigali Rwanda, United States

Norway

RE

Robin EJ Spelbrink

Westerbroek, Netherlands

SG

stephen gore

United Kingdom

EA

Eric Ayers

Atlanta, United States

Peter Collins

Darmstadt, Germany

SF

Sofia Faruqi

United States

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