Fruits farming to educate my children

John Mativo

Kilili, Kenya

14% repaid

Entrepreneur

Name

John Mativo

Location

Kilili, Kenya

On-time repayments

126 weekly installments  •  9%

About Me

I am a teacher, a farmer and a father of five children. I grew up in great difficulties and actually did hard jobs to pay for my college education. I did not want my children to go through the same difficult situation I went through my childhood and therefore I do farming as a business to supplement my little income I get from teaching. My wife helps in my farming activities but she is mostly focused on growing food crops while my focus is cash crops. One of my daughters has just completed university and one of my son is still in high school. The other children completed school not long ago and are establishing their lives. Since the area I live has scarcity of rain, I use donkeys to fetch water from a nearby well, which is a tedious work. Nonetheless, I have the determination to make my farming activity prosper. People in my area are friendly and kind people and we always welcome visitors. I don't have much pastime and most of the time when I am not teaching I engage in farming activities.

My Business

My business is fruit farming. I grow grafted mangoes, avocados, lemons and oranges. These fruits are in great demand in my country and give good returns when cared for well. The plants do well in my area after they become established so the only challenge is nurturing the young plant to its maturity. Diseases are easily controllable using the correct chemicals. I make about $2,000 (200,000 KES) in a season. Only the costs of labour and pests and disease control are recurrent costs. Costs of seedling are fixed. I use the profits to grow the farming venture, feed my family, and pay school fees for my children.

Loan Proposal

At the moment, I have a great financial burden because I have to pay school fees, workers tilling my farm and feed my family. I need the money to purchase pesticides and fungicides (estimated at $30), pay for workers tilling my farm (about $40). About $30 will be used to nurture the young tree plants and will include cost of fertilizers and manure..

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.16

Date disbursed

Jan 5, 2015

Repayment status

Late

Projected term

29 months

Cost to entrepreneur

Lender interest: $100.16 at 4.21% annual rate over 29 months = $10.37

Service fee: $100.16 at 5% annual rate over 29 months = $12.31

Upon joining Zidisha, John paid a lifetime membership fee of $8.86.

Lenders

X

xander

Plainfield, Vermont, United States

BrianHibbs

South Bend, United States

JimVandegriff

Trinidad, California, United States

H

HildeK

Rogaland, Norway

IA

Ismini and Jerry

Stamford, USA, United States

R

ram1919

San Jose, United States

G

Galbania

Toowoomba, Australia

gugudu

Austria

SE

Sven E

Mannheim, Germany

Ask John a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...