Purchasing seeds, fertilizer, and sprinkler for produce farm

Patrick Mucheru

Githurai 45, Kenya

100% repaid

Entrepreneur

Name

Patrick Mucheru

Member since

February 2015

On-time repayments

193 installments  •  20%

About Me

My name is Patrick.
My home town is the same as of our first and fourth presidents in the Republic of Kenya.
I am single and vegetables farmer.

I went to primary school but did not proceed with higher education due to financial constrains.

My people do subsistence farming but as for me, I had to make a living.

Without secondary education, I had to work extra hard and with my own hands earn my daily bread.
This was my passion to make my farming an income generating project.

I am a talented Keyboard player and I am actively involved in my church.

My Business

My business entails growing and selling fresh vegetables including: Onions, Spinach, Sukumawiki(Kales), corgets among others.

People love my products because they are fresh from the garden, grown with fresh water unlike many that are grown in sewer lines.

When I grew up I found this business is taking me well and I have continued to invest my time and resources in it.
My initial costs are:
>Buying seeds/seedlings
>Pesticides
>Buying a delivery cart
>Constructing a display shed
>Fertilizers
>Transport
All these would cost me USD 180 until maturity.
After selling I would get a profit of USD 100 which would be after 3 months in the garden.

The profit is what I live by. Paying rent, buying new seeds, and paying my part time music class.

Loan Proposal

When given the loan, I would invest to increase my production as follows:
1. Buy Overhead Sprinkler USD 30
2. Buy variety of seeds/seedling USD 25
3. Buy Fertilizers USD 30
4. Buy pesticides USD 5
5. Connect garden to water mains USD 10

It shall be a moment of great joy to me and my clients when this loan is funded.

Thank you team.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Feb 16, 2015

Repayment status

On Time

Projected term

5 months

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Summary

Amount repaid

$105.31

Amount remaining

$0.00

Date repaid

Aug 17, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Mar 1, 2015 $4.21 Feb 24, 2015 $4.21
Mar 8, 2015 $4.21 Mar 3, 2015 $4.21
Mar 15, 2015 $4.21 Mar 11, 2015 $4.21
Mar 22, 2015 $4.21 Mar 18, 2015 $4.21
Mar 29, 2015 $4.21 Mar 27, 2015 $4.21
Apr 5, 2015 $4.21 Apr 3, 2015 $4.21
Apr 12, 2015 $4.21 Apr 9, 2015 $4.21
Apr 19, 2015 $4.21 Apr 18, 2015 $4.21
Apr 26, 2015 $4.21 Apr 24, 2015 $4.21
May 3, 2015 $4.21 May 1, 2015 $4.21
May 10, 2015 $4.21 May 9, 2015 $4.21
May 17, 2015 $4.21 May 16, 2015 $4.21
May 24, 2015 $4.21 May 23, 2015 $4.21
May 31, 2015 $4.21 May 30, 2015 $4.21
Jun 7, 2015 $4.21 Jun 6, 2015 $4.21
Jun 14, 2015 $4.21 Jun 12, 2015 $4.21
Jun 21, 2015 $4.21 Jun 21, 2015 $4.21
Jun 28, 2015 $4.21 Jun 28, 2015 $4.21
Jul 5, 2015 $4.21 Jul 5, 2015 $4.21
Jul 12, 2015 $4.21 Jul 12, 2015 $4.21
Jul 19, 2015 $4.21 Jul 19, 2015 $4.21
Jul 26, 2015 $4.21 Jul 24, 2015 $4.21
Aug 2, 2015 $4.21 Aug 2, 2015 $4.21
Aug 9, 2015 $4.21 Aug 9, 2015 $4.21
Aug 16, 2015 $4.24 Aug 17, 2015 $4.24

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