Farming inputs

Maxwell

Kigumo Town, Kenya

100% repaid

Entrepreneur

Name

Maxwell

Member since

July 2014

On-time repayments

231 installments  •  57%

About Me

I am the second born in a family of eight. My parents are peasant farmers who by feeding us with a meal is luck because it is hard to get one. I have undergone my O levels and college education where it was so difficult for me to be in school throughout. I had to work for four days in a week to raise my education fee and go to class the rest week days. It reached somewhere that I couldn't be able to go to class again and became a street boy for sometime. In my family i am the breadwinner hence i must work extra harder to meet my families and my needs.
I successfully opened a small kiosks way back in 2010. I used to sell animal feeds only but since i joined Zidisha i have been dealing with animal feeds and mineral licks.

My Business

My business has got a title by name Stop-over Agrovet. It is situated in Kigumo town Kiambu County, in Kenya. In my business I have employed one person whom we work with I buy several bags of animal feeds and sell them by either the whole bag or by measuring it into kilograms. In our area daily farming is our economic activity hence making the product to move at a high speed. I buy 10 bags of animal feeds in a week at a cost of 25,000/= and sell them in the same week at a cost of 30,000/= making a profit of 5,000/= a week and in month time pocketing 30,000/= profit. I also sell mineral licks in my business.
If i expound on this figures i am capable of making good profit annually. Am now focused on expanding my business on higher heights and open up other related business branches in my neighbouring village. I also would like to introduce dairy related products and make my business a dairy farming hub for all farmers. Since I joined zidisha, I have grown economically because from the loans I had previously applied from zidisha have helped restock my business. I will be glad if Zidisha Microlending Movement will consider my proposal and fund my business.

Loan Proposal

I will buy 16 bags of animal feeds and also 1 dozen of mineral licks and sell them in aweeks time.
I will buy 16 bags of animal feeds at a cost of $ 468 and 1 dozen of mineral licks at a cost of $ 90. I will sell the 16 bags of animal feeds at a cost of $496 making a profit of $28 a week. I will sell 1 dozen of mineral licks at a cost of $ 133 making a profit of $43 a week in mineral licks. From the sale of both animal feeds and mineral licks, i will have a gross of $628 per week. The net profit from the sale of animal feeds and mineral licks will be$70 in aweek. With the profit, i will be able to assist my family, educate our younger siblings. I will also be able to run my business and repay Zidisha loan. I have $381 and i need $177 to be able to raise $558 in order to purchase the foresaid farm inputs. I hereby apply for a loan of $177 from Zidisha micro lending to purchase farm inputs [animal feeds & mineral licks] for my agrovet.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$179.00

Date disbursed

Jan 1, 2015

Repayment status

On Time

Projected term

21 months

Lenders

rasmus

Bern, Switzerland

KM

British Columbia, Canada, Canada

Shasta

Erie, United States

yosefchayim

Bournemouth, United Kingdom

C

curtains4u

North Kansas City, United States

Z

zidscott

United States

KM

Kirsty M

United Kingdom

Matt B

Stratford Upon Avon, United Kingdom

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Summary

Amount repaid

$222.52

Amount remaining

$0.00

Date repaid

Jan 20, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jan 11, 2015 $10.42 Jan 10, 2015 $10.42
Jan 18, 2015 $2.51 Jan 10, 2015 $1.04
Apr 5, 2015 $1.46
Jan 25, 2015 $0.00
Feb 1, 2015 $0.00
Feb 8, 2015 $0.00
Feb 15, 2015 $0.00
Feb 22, 2015 $0.00
Mar 1, 2015 $0.00
Mar 8, 2015 $0.00
Mar 15, 2015 $0.00
Mar 22, 2015 $0.00
Mar 29, 2015 $0.00
Apr 5, 2015 $0.00
Apr 12, 2015 $0.00
Apr 19, 2015 $0.00
Apr 26, 2015 $2.25 Apr 20, 2015 $2.25
May 3, 2015 $2.25 Apr 22, 2015 $2.25
May 10, 2015 $2.25 Apr 22, 2015 $1.12
Apr 25, 2015 $1.12
May 17, 2015 $2.25 Apr 25, 2015 $1.12
Apr 28, 2015 $1.12
May 24, 2015 $2.25 Apr 28, 2015 $2.25
May 31, 2015 $2.25 Apr 28, 2015 $1.12
Apr 29, 2015 $1.12
Jun 7, 2015 $2.25 Apr 29, 2015 $1.12
May 11, 2015 $1.12
Jun 14, 2015 $2.25 May 11, 2015 $1.12
May 13, 2015 $1.12
Jun 21, 2015 $2.25 May 13, 2015 $1.12
May 14, 2015 $1.12
Jun 28, 2015 $2.25 May 14, 2015 $1.12
May 14, 2015 $1.12
Jul 5, 2015 $2.25 May 14, 2015 $1.69
May 15, 2015 $0.56
Jul 12, 2015 $2.25 May 15, 2015 $1.69
May 16, 2015 $0.56
Jul 19, 2015 $2.25 May 16, 2015 $1.69
May 19, 2015 $0.56
Jul 26, 2015 $2.25 May 19, 2015 $1.69
May 20, 2015 $0.56
Aug 2, 2015 $2.25 May 20, 2015 $1.91
May 20, 2015 $0.34
Aug 9, 2015 $2.25 May 20, 2015 $2.13
May 21, 2015 $0.11
Aug 16, 2015 $2.25 May 21, 2015 $2.13
May 21, 2015 $0.11
Aug 23, 2015 $2.25 May 21, 2015 $2.13
May 22, 2015 $0.11
Aug 30, 2015 $2.25 May 22, 2015 $2.13
May 22, 2015 $0.11
Sep 6, 2015 $2.25 May 22, 2015 $2.13
May 23, 2015 $0.11
Sep 13, 2015 $2.25 May 23, 2015 $2.25
Sep 20, 2015 $2.25 May 24, 2015 $1.12
May 28, 2015 $1.12
Sep 27, 2015 $2.25 May 28, 2015 $1.46
May 31, 2015 $0.79
Oct 4, 2015 $2.25 May 31, 2015 $1.46
May 31, 2015 $0.79
Oct 11, 2015 $2.25 May 31, 2015 $1.46
May 31, 2015 $0.79
Oct 18, 2015 $2.25 May 31, 2015 $1.46
Jun 2, 2015 $0.79
Oct 25, 2015 $2.25 Jun 2, 2015 $1.46
Jun 4, 2015 $0.79
Nov 1, 2015 $2.25 Jun 4, 2015 $1.46
Jun 6, 2015 $0.79
Nov 8, 2015 $2.25 Jun 6, 2015 $1.46
Jun 9, 2015 $0.79
Nov 15, 2015 $2.25 Jun 9, 2015 $1.46
Jun 10, 2015 $0.79
Nov 22, 2015 $2.25 Jun 10, 2015 $1.46
Jun 11, 2015 $0.79
Nov 29, 2015 $2.25 Jun 11, 2015 $2.25
Dec 6, 2015 $2.25 Jun 12, 2015 $2.25
Dec 13, 2015 $2.25 Jun 12, 2015 $0.56
Jun 15, 2015 $1.69
Dec 20, 2015 $2.25 Jun 15, 2015 $0.56
Jun 16, 2015 $1.69
Dec 27, 2015 $2.25 Jun 16, 2015 $1.12
Jun 17, 2015 $1.12
Jan 3, 2016 $2.25 Jun 17, 2015 $1.12
Jun 18, 2015 $1.12
Jan 10, 2016 $2.25 Jun 18, 2015 $1.12
Jun 18, 2015 $1.12
Jan 17, 2016 $2.25 Jun 18, 2015 $1.12
Jun 24, 2015 $1.12
Jan 24, 2016 $2.25 Jun 24, 2015 $1.12
Jun 26, 2015 $1.12
Jan 31, 2016 $2.25 Jun 26, 2015 $1.12
Jul 6, 2015 $1.12
Feb 7, 2016 $2.25 Jul 6, 2015 $1.12
Jul 7, 2015 $1.12
Feb 14, 2016 $2.25 Jul 8, 2015 $2.25
Feb 21, 2016 $2.25 Jul 9, 2015 $2.25
Feb 28, 2016 $2.25 Jul 10, 2015 $2.25
Mar 6, 2016 $2.25 Jul 11, 2015 $2.25
Mar 13, 2016 $2.25 Jul 13, 2015 $2.25
Mar 20, 2016 $2.25 Jul 14, 2015 $2.25
Mar 27, 2016 $2.25 Jul 19, 2015 $2.25
Apr 3, 2016 $2.25 Jul 20, 2015 $2.25
Apr 10, 2016 $2.25 Jul 21, 2015 $2.25
Apr 17, 2016 $2.25 Jul 23, 2015 $2.25
Apr 24, 2016 $2.25 Jul 25, 2015 $2.25
May 1, 2016 $2.25 Jul 28, 2015 $2.25
May 8, 2016 $5.62 Jul 30, 2015 $2.25
Aug 5, 2015 $3.37
May 15, 2016 $3.37 Aug 12, 2015 $3.37
May 22, 2016 $3.37 Aug 17, 2015 $3.37
May 29, 2016 $3.37 Aug 20, 2015 $3.37
Jun 5, 2016 $3.37 Sep 1, 2015 $3.37
Jun 12, 2016 $3.37 Sep 2, 2015 $3.37
Jun 19, 2016 $3.37 Sep 5, 2015 $3.37
Jun 26, 2016 $3.37 Sep 9, 2015 $3.37
Jul 3, 2016 $3.37 Sep 14, 2015 $3.37
Jul 10, 2016 $3.37 Sep 16, 2015 $3.37
Jul 17, 2016 $3.37 Sep 24, 2015 $3.37
Jul 24, 2016 $3.37 Oct 2, 2015 $3.37
Jul 31, 2016 $3.37 Oct 7, 2015 $3.37
Aug 7, 2016 $3.37 Oct 8, 2015 $3.37
Aug 14, 2016 $3.37 Oct 14, 2015 $3.37
Aug 21, 2016 $3.37 Dec 21, 2015 $2.25
Jan 20, 2016 $1.12
Aug 28, 2016 $3.37 Jan 20, 2016 $3.37
Sep 4, 2016 $3.37 Jan 20, 2016 $3.37
Sep 11, 2016 $3.37 Jan 20, 2016 $3.37
Sep 18, 2016 $3.37 Jan 20, 2016 $3.37
Sep 25, 2016 $3.37 Jan 20, 2016 $3.37
Oct 2, 2016 $3.37 Jan 20, 2016 $3.37
Oct 9, 2016 $3.37 Jan 20, 2016 $3.37
Oct 16, 2016 $3.37 Jan 20, 2016 $3.37
Oct 23, 2016 $5.10 Jan 20, 2016 $5.10

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