Help me add one more beehive to my farm

Davis Kwoba Barasa

Mumias, Kenya

100% repaid

Entrepreneur

Name

Davis Kwoba Barasa

Member since

January 2015

On-time repayments

26 installments  •  46%

About Me

My name is Kwoba Davis. I went to Esirisia primary school and later joined Esirisia secondary school where i successfully completed secondary education.since we were many in the family my father believed o-level education was enough for one to survive. Armed with my form four certificate,I went to capital city Nairobi searching for greener pastures. I tarmacked for several days and no job seemed to come my way. I final decided to go back home to my rural area. Life became unbearable and so I decided to try my hand in bee keeping and horticulture farming.
I cut timber and made traditional hives and after three months the investment paid off. I sold my harvest and with a loan from my youth group ,bought my first modern hive. that is how I become a bee farmer.
I have two kids Michael and Hellen. Mike want to be a doctor while Hellen wants to be a nurse. I do my best to keep them in good schools so that they can achieve their dreams.
I like making new friends and blogging during my free time.

My Business

I am bee keep and so my products include honey and wax. I sell my products to the local supermarkets and local markets.
Honey is one of the best natural sugar available in the market. Most people prefer honey as source of sugar because it does not have chemicals . My society also uses it for treating wounds and fever.
I choose this business because it is easy to manage and required less capital to start.There are also little costs in running this business.
In a month i use $20 for buying sugar to feed the bees that is only during dry seasons. My monthly income was$150 but it increase to $270 after receiving my second and third loan.
I use my revenues ,for saving,buying basics for my family and paying school fees for my two kids .

Loan Proposal

hello to you , I hope my request finds you in good health . I am requesting for loan to add one more hive to my farm. This will help me produce 11 more liters of honey after every two months and my revenues will increase from $150 to $230 in a month. I have always dreamt of this expansion but resources have been an issue,I am kindly and humbly requesting you to support me. Thank you

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.16

Date disbursed

Jan 27, 2015

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Lender interest: $100.16 at 8.40% annual rate over 1 month = $1.09

Service fee: $0.48

Lenders

G

Goodwill

Oakland, United States

McJulio

New Jersey, United States

P

Prometheus

Duisburg, Germany

G

Graham

United States

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  • Consilata Shirly Siro Achieng    Jul 1, 2015

    Davis was arrested and is in police custody after his bees stung neighbors cows to death. He requires $1500 bailout. money he says he cant raise now.

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  • Annah Mwaniki    May 13, 2015

    Great work Davis keep up.

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  • Boureima Neya    May 13, 2015

    Je te souhaite tout le succès pour ton business. Bonne chance

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  • Lucy Muthoni    May 13, 2015

    all the best in your venture

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  • Victor Kipkurui    May 11, 2015

    All the best Davis
    To lenders, kindly visit my page too before my proposal expire.
    Thank you

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  • Rose Kagwi    May 11, 2015

    go go go the future is bright with zidisha all the best in your bid s

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  • Davis Kwoba Barasa    May 9, 2015

    With the new look of my honey and bicycle to reach clients ,the business increased and revenues to increased . I expected sales to increase by 50% but it went to slightly over 75%. Thank you so much.

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  • Davis Kwoba Barasa    May 1, 2015

    My marketing strategy is perfect and everything is working perfectly,the business is booming and I am so glad you supportted me.without your support things could not have worked out

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  • SteveFylde    Mar 26, 2015

    Good luck with your business, Davis.

    Best wishes,
    Steve

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  • Davis Kwoba Barasa    Mar 16, 2015

    Dear lenders, I wish to report success with my firs loan.Even though I had to travel long distance,I finally got a modern top-bar bee hive . The bees come in almost immediately and they have been happy in the hive. Thank u so much

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