Expansion of irrigation coverage

Kennedy

Nakuru, Kenya

45% repaid

Entrepreneur

Name

Kennedy

Member since

January 2018

On-time repayments

42 installments  •  24%

About Me

Am a community youth leader championing other young farmers on matters of better agricultural practices. Main focus is on small scale vegetable farmers with most of the youth having less than a hectare of land. I negotiate with agrovets on better rlrices of input and seeds to ensure fellow farmers get the best of deals in the market.
My goal is to form a cooperative for value addition to enhance productivity and profitability

My Business

My source of income comes from consulting on matters farming and sale of farm produce. I also engage in poultry farming which add onto my income while reducing the cots of inputs as I use some produce from this venture in crop farming for example manure.

Loan Proposal

I Will use the money advanced to buy some farm inputs I need to increase the coverage of the irrigation kit on my farm.
The use of irrigation has reduced my water usage while ensuring that each plant receives the requires amount of water for good growth. With the use of this system, I have reduced the cost of labour as drip irrigation isn't that labour intensive since a single worker can control the system in totality.
With the use of this system, my profit margins will increase and I will be able to do vegetable farming all year round.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$91.00

Date disbursed

Jul 3, 2019

Repayment status

Late

Projected term

6 months

Lenders

JimVandegriff

Trinidad, California, United States

John Minges

United States

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Summary

Amount repaid

$41.39

Amount remaining

$49.78

Expected completion

Jan 19, 2020

Status

Repaying late

Installment amount

$9.85

Repayment History

Expected Payments Actual Payments
Jul 14, 2019 $15.20 Jul 13, 2019 $15.20
Jul 21, 2019 $15.20 Jul 13, 2019 $4.51
Nov 23, 2019 $10.68
Jul 28, 2019 $11.00 Nov 23, 2019 $1.14
Dec 18, 2019 $9.85
Aug 4, 2019 $0.00
Aug 11, 2019 $0.00
Aug 18, 2019 $0.00
Aug 25, 2019 $0.00
Sep 1, 2019 $0.00
Sep 8, 2019 $0.00
Sep 15, 2019 $0.00
Sep 22, 2019 $0.00
Sep 29, 2019 $0.00
Oct 6, 2019 $0.00
Oct 13, 2019 $0.00
Oct 20, 2019 $0.00
Oct 27, 2019 $0.00
Nov 3, 2019 $0.00
Nov 10, 2019 $0.00
Nov 17, 2019 $0.00
Nov 24, 2019 $0.00
Dec 1, 2019 $0.00
Dec 8, 2019 $0.00
Dec 15, 2019 $0.00
Dec 22, 2019 $9.85
Dec 29, 2019 $9.85
Jan 5, 2020 $9.85
Jan 12, 2020 $15.20
Jan 19, 2020 $5.03

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