Farming and adding more stock to my packing business

Andrew Wandewe

Kisumu, Kenya

37% repaid

Entrepreneur

Name

Andrew Wandewe

Member since

November 2015

On-time repayments

126 installments  •  71%

About Me

I am the 6th born in a family of nine siblings of whom six are alive that is four gentlemen and two ladies. My father was a cobler in the city - Nairobi but later changed to be a peasant farmer in the country side Koru. My mother was a fish monger till she got involved in a grisly road accident in 1978 and was the only survivor. My dad died three years later when I was 11years. She was to live with disability for 19 years upto 1997 when she died. From her I picked up one thing that business was the only sure way to make it through if formal employment was not coming forth. I have been on and off temp jobs and self employment.
I have five children three boys and two girls. The elder boy and his follower have the desire of making it big in business and thus the need to set the business rolling before they finish school.

My Business

My business involve selling and distribution of packaging materials to kiosks/shops and vegetable vendors. However the barn on polythene affected my operation for a short duration. The new packaging materials have even proven to be very good and environment friendly. The demand for this is very high. I need to expand to a level where I am able to wholesale. I have been able to undertake to wholesaling of the products and even intend to expand further. The profit is between 20% to 30% gross depending on distance of distribution. At the moment I am reinvesting the revenue collected in order to expand the business and even get to merchandise other products. My long term objective is to be able to meet the educational needs of my children besides meeting family needs and growing to big shop merchandise.

I am glad to put it I got a partial loan which I paid before schedule. I did apply again but was not funfed . I do have an intention of adding new stock and paying the school for my sons in form three and one and my daughters in class one and eight. I also have an elder son who sat his KCSE and is meant to join college this year 2018. Also uploaded is my last born daughter who joined class one at the Catholic Parochial primary school in Nairobi and my son who joined form one. The fee for term two and three for all of them is about $330.
Considering that I am able to make close to 30% profit I should be able to pay up this loan within its term. From November 2015 to date my volume sales has increased from $40 to $120 per day which translates to $840 a week from $280 per week. With the increase in amount of funding I expect to do even much better. This increased volume in sales will also improve the standard of living of my family and also be able to meet the basic needs of my children's education.

Through zidisha I have been able to venture into farming, And I now have one and half acre land coverage of beans. On the same strength I have been able to play major social rolls in my community through the contribution of funeral, wedding activities amongst others. I feel empowered.

Loan Proposal

As we get into the year 2019 I aspire to farm maize, beans and Irish potatoes. On the same note I will be expanding my packaging business. One big challenge I have in the year 2019 is the education fee for my kids. It is because of them that I ventured into farming so as to increase my income in the long run.

Feedback

3

None

None

  • Margaret    Apr 1, 2018

    The loan was paid off perfectly!

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  • Mary    Dec 1, 2017

    Andrew had a tough time when Kenya outlawed plastic bags, the basis of his business. He has done a remarkable job in paying off his loan with the challanges he has faced. I recommend funding any future loan for this honest and hard working man!

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    • Andrew Wandewe    Dec 26, 2017

      Thanks a lot Mary. I appreciate you for your encouragement and being interested in my growth. This is wonderful. I believe with the help of God through the support of the lenders I will be able to scale the heights. Thanks once more.

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  • Kitty    Apr 8, 2017

    fully paid thank you

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Loan Info

Project Type

Classic Loan

Disbursed amount

$623.89

Date disbursed

Jan 9, 2019

Repayment status

Late

Projected term

2 months

Cost to entrepreneur

Service fee: $26.28

Credit risk payment: $157.73

Lenders

W

Walter

Victoria BC, Canada

S

SueB1

Los Alamos, United States

MarktheMormon

Sandy, Utah, United States

G

guenter

Bremen, Germany

Tavin

Ottawa, Canada

F

florian

Mettmenstetten, Switzerland

Cloudways

Malta, Malta

G

Goodwill

Oakland, United States

Ingela

Falun, Sweden

JOKer

Weisendorf, Germany

stever

Cape Coral, United States

JonB

London, United Kingdom

lizandsteve

guelph, Canada

N

nycjen

United States

C

ColoradoEmac

United States

lyalljellyman

Wellington, New Zealand

utdream

United States

D

ddm08

United States

HL

Holly Laird

Austin, United States

Mark

Nijmegen, Netherlands

W

Wade

United States

SK

Stefan Kruell

Muenster, Germany

Craig

Memphis, TN, United States

V

Vivek

Arlington, VA, United States

WE

Wendy Emlyn

Devon, United Kingdom

Paul Smithson

Leeds, United Kingdom

Rosario von Li

San Jose, Ca, United States

Amanda Orson

Stamford, Ct, United States

A

Adam

United Kingdom

P

Peter

Bratislava, Slovakia

Eugen Stamm

Zurich, Switzerland

CM

Craig McCoy

United States

MC

United States

Christopher Hey

Sudbury, Canada

EB

Ellen Batten

Kalamazoo, Michigan, United States

NR

Nina Roth

United Kingdom

B

Bramlage

United States

SH

Steven Huntington

London, United Kingdom

Dan Michael

Oslo, Norway

Thomas

Sweden, Sweden

CC

Chris Cutter

United States

LD

Luã de Souza

Sydney, Brazil

M

michelle

United States

Max B

Saint Louis, United States

Stanislas L

London, United Kingdom

JC

Justin cohan

United States

R

Rolands

Taichung, Taiwan

PR

Priscilla Rathbone

Seattle, Washington, United States

V

Vidar

Oslo, Norway

I

isaac

United Kingdom

RC

Rudi Chen

United States

NG

Nick Gorrell

Surfers Paradise, Queensland, Australia

N

Nancy

United States

G

Gil

Portugal

E

EABF

Netherlands

GC

Greger Cronquist

Göteborg, Sweden

HPK

Switzerland, Switzerland

BW

Betty Waweru

United States

David

Mantua, Ohio Usa, United States

D

Diane

United States

Joseph Abell

Brisbane, Australia

Jes-c

United States

V

Vasil

Belarus

I

ixeldog

atlanta, United States

JA

Jan Andresen

Hamburg, Germany

Larissa

Germany

AS

Aida Smith

United States

SM

Sachet Marion

United States

Rick

United States

Bart Vogelzang

Ladysmith BC, Canada

James

London, United Kingdom

SA

Shar Alamdari

Los Angeles, United States

MP

Matt Patton

United States

L

Lucy

Australia

EP

Emerald Pham

United States

Martin Kraus

Traiskirchen, Austria

S

Suzannah

New York City, United States

Craig Travis Provyn

Bradenton, Florida, United States

M

Marama

Australia

Benjamin Kniaz

Boston, United States

MO

Mark Owens

United States

SH

Stephanie He

United States

ES

Evan Simons

United States

JS

Jason Strauss

United States

MF

Mike Frawley

United States

JA

Joshua Axtell

United States

IC

Ian Coutts

Chicago, USA, United States

VC

Victor Chong

United States

Grégoire

Zurich, Switzerland

Shane Bugeja

Mankato, Minnesota, United States

R

Ryan

Albuquerque, NM, United States

R

Ralf

Germany

Ellen

Michigan, United States

SS

Sara Sobota

United States

Ken

Mequon, WI, United States

NK

Navid Kiassat

United States

L

Lastoni

United States

D

Dalton

San Francisco, United States

CJ

Chris Jones

Seattle, United States

HCPSPIRIT

Helsinki, Finland

Haroon S

United States

Betsy

United States

Dean Suminski

Portland, Oregon, United States

Diane U

Olympia, Wa, Usa, United States

Colin Marks

London, United Kingdom

Jean Wren Chan

United States

S

Southbanker

Reading, United Kingdom

ED

Eunan Doherty

donegal ireland, Ireland

Bo Rosén

Eslöv, Sweden

Paul Thompson

York, United Kingdom

S

seahillpark

United States

Doron Elinav

Ramat Gan, Israel

JU

jeremy upsal

United States

Philipp Lehmann

Zurich, Switzerland

Christian

Vienna, Austria

Peter

Neu-ulm, Germany

MM

Mike McGary

United States

Mike

Indianapolis, United States

DW

Dan Winetsky

United States

Martha Fleury

Bethesda, MD, United States

WC

Walter Clarke

Phoenix, United States

W

Will

United States

L

Liam

New Zealand

AS

Andreas Schäfer

Basel, Switzerland

AH

Antioch House Church

Kansas City, Kansas, United States

TH

Tyler Harris

United States

S

Sarah

Arlington, United States

afaness

Germany

BN

Bence Nagy

Czech Republic

A

Alex

United States

ZS

Zach Silveira

Asheville, Nc, United States

John Barnett

United States

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