Loan to expand my farming business

David

Nairobi, Kenya

100% repaid

Entrepreneur

Name

David

Member since

June 2015

On-time repayments

298 installments  •  99%

About Me

I was born in a rural town in Kenya called Machakos. I spent most of my early childhood observing my grandparents as they did farming, though at that time most it was mostly subsistence farming. It's from this that I grew to love farming. Even after moving to the city, I still had that passion. That is why I took on farming as a hobby and eventually I have turned it into a money making venture.

I'm an information system administrator in the hospitality industry. In this role,
I'm tasked with assisting the IT manager in the provision of IT services for the hotel and the deployment of IT department requirements. I'm a qualified Computer technician and hold a diploma in computing from NCC education level 4 (QCF).

My Business

At the moment, I'm doing horticulture farming i.e., tomatoes and corianders as well as maize farming. Basically, I farm anything which is in the season and which has the prospect of giving me a good return. Initially, I was doing this as a hobby but after seeing that it gives good returns, I turned it into a business. Currently, I have employed several people who are managing my rented farms as I don't do it full time.
Most of the profits I get from the business I have invested back into it by expanding the size of the farm I rent and buying machinery I need. At the moment I'm saving money so that I can buy my own land.

Loan Proposal

I have been doing small scale farming for a while now and I would like to venture into business of buying the farm produce e.g Maize, beans, coriander and other non perishable grains from other small scale farmers. This is because one challenge faced by farmers is delivering they produce to the market. I will offer to buy this from them saving them from transport cost. I will in turn sell the grains to big stores in Nairobi and Nakuru.

Show original English  

About Me

I was born in rural town in Kenya called Machakos and spent most of my early childhood observing my grandparents as they do farming though at that time most it was mostly subsistence farming. Its from this I grew to love farming and even after moving to the city I still had that passion. That is why I took farming as hobby and eventually I have turn into in to a money making venture.
I'm an Information system administrator in hospitality industry. In this role,
I'm tasked with assisting the IT manager in the provision of IT services for the hotel and the deployment of IT department requirements.
I'm a qualified Computer technician with and holds a diploma in Computing from NCC education level 4 (QCF).

My Business

At the moment I'm doing horticulture farming I.e Tomatoes and corianders as well as Maize farming. Basically I farming anything which is in the season and which has prospect of give me a good return.
Initially I was doing this as hobby but after see that it gives good returns I turn it into a business. currently have employed severals people who are managing my rented farms as I don't do it full time.
Most of the profits I get from the business I have invested back into it by expanding the size of the farm I rent and buying machinery need. At the moment I'm saving money so that I can buy my own land.

Loan Proposal

I have been doing small scale farming for a while now and I would like to venture into business of buying the farm produce e.g Maize, beans, coriander and other non perishable grains from other small scale farmers. This is because one challenge faced by farmers is delivering they produce to the market. I will offer to buy this from them saving them from transport cost. I will in turn sell the grains to big stores in Nairobi and Nakuru.

Feedback

3

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$581.00

Date disbursed

Aug 18, 2016

Repayment status

On Time

Projected term

7 months

Lenders

ErikN

Stockholm, Sweden

Vanamo

Helsinki, Finland

R

Rotterdammer

Rotterdam, Netherlands

Scott

Oregon, United States

Pere

Barcelona, Spain

Zidisha

Sterling, United States

Svenip

Vienna, Austria

H

hilde

seattle, United States

T

tommmart

Seattle, WA, United States

G

grahamfamily

Guildford, United Kingdom

Cloudways

Malta, Malta

P

Prysdahl

Marshall, United States

fairspirit

Utrecht, Netherlands

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

JFais

Atlanta, United States

T

ThereIsNoGod

Singapore, Singapore

JonB

London, United Kingdom

H

Habroukema

Austin, United States

Sirko

Brandenburg An Der Havel, Germany

lizandsteve

guelph, Canada

M

MarianneM

Munich, Germany

Matching Fund

Sterling, United States

N

nycjen

United States

NA

NO ACCOUNT

Bluba, Germany

C

ColoradoEmac

United States

DavidHS

United Kingdom

Paul Buchheit

Mountain View, United States

K

karthich

Austin, United States

B

bugdaniel

Switzerland

Insomnus

Cheltenham, United Kingdom

mepster

San Francisco, Ca, United States

B

bscent

Hong Kong

K

KarinV

United States

Thorn

North Carolina, United States

C

Crainster

Chapel Hill, United States

N

NeoOzymandias

United States

S

Stephan

Netherlands

Joerg

Velen, Germany

UN

Uwe Neumann

Frankfurt Germany, Denmark

Dave Bogard

New York, United States

Mark

Nijmegen, Netherlands

MW

Matt Willis

United States

Dean Cress

United States

TH

tom hd

United Kingdom

PG

Paul Graham

United States

Heidy

N J, United States

AG

abel ghita

Bucharest, Romania, Italy

OH

Orion H.

United States

MT

Marco Tietz

United States

Carlo Cruz

Cincinnati, OH, United States

P

Peter

Germany

Thomas

Sweden, Sweden

Gabriel Fenili

Santo André, Brazil

L

LK

United States

Y

YTSJ

London, United Kingdom

TW

Tyler Wood

United States

MG

Michael Guthrie

United Kingdom

JC

Justin cohan

United States

S

stevensau

United States

K

Katka

St Albans, United Kingdom

EthicalHost

Toronto, Canada

KE

Karen Epolito

Syracuse, NY, United States

K

Kerry

United Kingdom

V

Vidar

Oslo, Norway

R

Richard

Netherlands

JG

James Greer

United States

NE

Nikka Eliza Morales

Talisay City, Cebu, Philippines

I

isaac

United Kingdom

DK

Danny Kelly

United States

RC

Rudi Chen

United States

M

Magnus

Switzerland

B

Boris

Bern, Switzerland

MK

Michael K

United States

SB

Sue Bucholz

Sacramento, United States

JB

John Brown

United States

J

Julie

Los Angeles, United States

W

Wim

Netherlands

SA

Steve A

Newbury, United Kingdom

Angela Linwood

Minneapolis, Minnesota, United States

Jes-c

United States

B

Brett

Australia

RG

Ravi Gadad

United States

J Laufs

Germany

Zack Stein

United States

I

ixeldog

atlanta, United States

GA

Giovanni and Yelena

New York, Ny, United States

JA

Jan Andresen

Hamburg, Germany

Sinan Taifour

Munich, Germany, Germany

SM

Sachet Marion

United States

K

KH

United Kingdom

L

Laura

San Francisco, United States

MM

Matyas Matyas

Budapest, Romania

D

Dennis

Netherlands

emilio

Sestri Levante, Italy

Ryan Keller

Hong Kong, Hong Kong

Raymond Murphy

Carson Valley, NV, United States

J

jeananne

United States

MP

Matt Patton

United States

J

Jon

United States

Lulu

Germany

LR

Laetitia Rocha

United Kingdom

Martin Kraus

Traiskirchen, Austria

Craig Newmark

United States

The Zinc Team

San Francisco, United States

WS

Warren Shen

United States

Andrea

Rome, Italy

Humble Bundle Community

San Francisco, United States

ES

Evan Simons

United States

JB

James Brooks

United Kingdom

JS

Jason Strauss

United States

Cora and Andi

Frankfurt, Germany

JA

Joshua Axtell

United States

GT

Grant Taleck

United States

Thomas Naimoli

United States

A

Ari

United Kingdom

KA

Kate Aracri

United States

HD

Hardik Desai

United Kingdom

BE

Bob Ewing

United States

V

VJ

Canberra, Australia

TB

Tom Bishop

United States

RG

Ryan Gough

United States

MS

Mona S

United States

D

Dalton

San Francisco, United States

MP

Marieke Peeters

Amsterdam, Netherlands

HCPSPIRIT

Helsinki, Finland

Samuel

Ottawa, Canada, Canada

AS

Anna Schwarz

United States

GS

Gary Sinard

Franklin, TN, United States

R

Raffins

United States

Menno

Adelaide, Australia

JS

James Stuber

United States

J

Jakub

Czech Republic

R

Rolf

Rotterdam, Netherlands

K

Katie

United States

TP

Tirzah Prince

United States

Brandon Wright

Salt Lake City, Ut, United States

E

eleni

United Kingdom

Philipp Lehmann

Zurich, Switzerland

France

Paul Buchheit

Mountain View, United States

Ask David 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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  • David    Mar 4, 2024

    Due to hard economic situation in Kenya currently affect cash flow.hopefully things will improve soon

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  • David    Jan 8, 2024

    To compensate for low cash flow, many people have travel for vacation and still recovery is very slow from last year drought

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  • David    Nov 7, 2023

    liquidity issues and less cash flow. The cashis expected ti improved with hervesting season in november

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  • David    Sep 6, 2023

    managing the cash flow and ensuring I do not default

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  • David    Jul 3, 2023

    Cash flow is affecting my payments but once things improve i will increase the instalments payments

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  • David    Apr 4, 2023

    Cash flow still not good. and the benefit of rain is still to be felt. But i have hope things will improve soon

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  • David    Mar 11, 2023

    To All my funders i really appreciate you trusting every-time a request for funds. As usual I will not disappoint you I will use the funds for the intended purpose. Now I can do my farming without the worry of water.

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  • Priscovia    Mar 9, 2023

    Wishes you all the best on your project sir.

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  • David    Mar 8, 2023

    With The just completed project i used the funds to increase my stock in my farm and with current drought that is currently being experienced, I used the rest to buy feeds and water. My tomato farm is not performing well also due to water shortage. With this fund i plan to make small water pan and drill a bore hole.

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  • David    Dec 27, 2022

    Cash flow issue and to make sure that I'm able to make payments on time without fail.

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  • David    Nov 12, 2022

    Cash flow is stil not very good and hopefully with the festival season sales will increase

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  • David    Sep 11, 2022

    cash follow challenges, the business is still unstable

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  • David    Jul 10, 2022

    to manage to pay on time on and to delay or default

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  • David    Jun 10, 2022

    manage cash flow and avoid defaulting and improve the score

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  • David    Apr 12, 2022

    Thank you all for the support i will be getting the new cow this week

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  • David    Mar 20, 2022

    Thank you all who funded my loan, this will help me to replace the cow i sold off during covid-19. I will also refurbish the cowshed which has been damaged and I could not do it because of cashflow issues.
    Again thank you all for always supporting me

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  • Mimi Rothschild    Mar 9, 2022

    Trust in God.

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  • Cordula    Mar 7, 2022

    Wishing you much success with your cow!

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  • David    Mar 5, 2022

    Corona made everything hard by highly affecting cashflow, but thanks to the loan from Zidisha i was able to adjust the repayment instalments and it helped me a great deal. I was able to keep my business a float though i closed some, with this loan i intend to revive the business and

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