I will buy more tea leaves from farmers
Raymond
Litein, Kenya
25% repaid
Entrepreneur
Name
Raymond
Member since
November 2013
On-time repayments
302 installments • 15%
About Me
I am a twe old student at Kisii university pursuing a bachelor course in computer science,i am in my final year of study.I was born in a village called koiwa.koiwa is located in koiwa sub-location,mogogosiek location,konoin division, bureti district,kericho county.i am a 5th born in a family of 7 siblings.i started my schooling journey at koiwa primary then i joint kabianga high school.after my four years in kabianga high school i join kisii university under the government sponsored program me that is join admission board program me.i am a business oriented person,i have been running business as i study as well.
My Business
I started a business 8 months ago at Koiwa Trading Centre where i collect all the green leaves from farmers and taking them to the nearest tea factory for processing. I have three workers who helped me collect the green leaves in rural areas and bring them to my business premise at Koiwa Trading Centre. We pay farmers instantly depending on the weight of their tea leaves. Each kilo of a tea leave we buy at kshs 20 and subsequently sell at ksh 30 per kilo in nearest factory. Every month, by the help of my workers we collect to around 600kgs of tea leaves and i receive payments monthly. I pay my workers ksh 5000 exclusive of commission granted to them when they collect more tea leaves. This business has been booming and it is so profitable and i am planning to buy a vehicle to help me collect more tea leaves as possible. the competition is so stiff and punitive from the surrounding big companies and factories like KTDA among others. Despite this competition i make sure i fight strong and healthy to remain on top and win the market. I am planning to diversify and open a factory in future. The challenge i am facing is lack of funds to achieve this dream.
Loan Proposal
The loan from zidisha will enable me to expand my single line business of buying tea leaves from farmers .This loan which am requesting to lend me with will make me collect more tea leaves from farmers.This will attract farmers who because of one or other reason will like to sell their tea leaves from their farms because of available liquid cash with me to pay them immediately after they deliver to me tea leaves..
Actually i will I project that I will be able to buy 1500kgs of tea leaves each kilogram costing KES 20.This will be a much higher collection If i collect these amount of kilograms within one month.I want also to meet the datelines of kilos to be entered for bonus calculations.The dateline will be the month of June and bonus will be given out in the month of October and the higher the kilos someone will have,the higher the bonus he or she will be awarded.
The benefit I expect to net will be in terms of bonus and its calculation will be as follows:1500*25 and will be equal to KES 37500.This will be after subtracting all costs incurred ..I will use monthly payments to pay laborers (two of them) and any costs that I might have incurred in the course of day to day operation.Monthly payment are normally calculated as follows :1 kilo costs cash Kes 14.so (1500kilos *14 will be equal to 21000) .Of which also I will use to repatriate back to tea leaves collection to increase cumulative kilos for bonus.
The zidisha should lend me because I do not have this money am requesting.This will go along way in making to realise my dreams come true because I believe in zidisha team.Once again thankyou and May God continue blessing you.
Feedback
Positive
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$454.00
Date disbursed
Mar 20, 2014
Repayment status
Late
Projected term
69 months
Other loans
Lenders
Canada
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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Summary
Amount repaid
$155.82
Amount remaining
$470.59
Expected completion
Dec 5, 2019
Status
Repaying late
Installment amount
$1.76
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 28, 2014 | $2.35 | Mar 27, 2014 | $2.35 |
| Apr 4, 2014 | $2.35 | Mar 27, 2014 | $2.35 |
| Apr 11, 2014 | $2.35 | Mar 27, 2014 | $2.35 |
| Apr 18, 2014 | $2.35 | Mar 27, 2014 | $2.35 |
| Apr 25, 2014 | $2.35 | Mar 27, 2014 | $2.35 |
| May 2, 2014 | $2.35 | May 1, 2014 | $2.35 |
| May 9, 2014 | $2.35 | May 1, 2014 | $2.35 |
| May 16, 2014 | $2.35 | May 1, 2014 | $2.35 |
| May 23, 2014 | $2.35 | May 1, 2014 | $2.35 |
| May 30, 2014 | $2.35 | May 1, 2014 | $2.35 |
| Jun 6, 2014 | $2.35 | Jun 5, 2014 | $2.35 |
| Jun 13, 2014 | $2.35 | Jun 5, 2014 | $2.35 |
| Jun 20, 2014 | $0.82 | Jun 5, 2014 | $0.82 |
| Jun 27, 2014 | $0.00 | ||
| Jul 4, 2014 | $8.59 | Jun 27, 2014 | $6.24 |
| Jul 24, 2014 | $2.35 | ||
| Jul 11, 2014 | $0.00 | ||
| Jul 18, 2014 | $0.00 | ||
| Jul 25, 2014 | $0.00 | ||
| Aug 1, 2014 | $2.35 | Aug 2, 2014 | $2.35 |
| Aug 8, 2014 | $2.35 | Aug 9, 2014 | $2.35 |
| Aug 15, 2014 | $2.35 | Aug 9, 2014 | $2.35 |
| Aug 22, 2014 | $2.35 | Aug 9, 2014 | $1.18 |
| Aug 31, 2014 | $1.18 | ||
| Aug 29, 2014 | $2.35 | Aug 31, 2014 | $1.18 |
| Sep 8, 2014 | $1.18 | ||
| Sep 5, 2014 | $2.35 | Sep 8, 2014 | $2.35 |
| Sep 12, 2014 | $2.35 | Sep 8, 2014 | $2.35 |
| Sep 19, 2014 | $2.35 | Sep 20, 2014 | $2.35 |
| Sep 26, 2014 | $2.35 | Oct 31, 2014 | $2.35 |
| Oct 3, 2014 | $2.35 | Oct 31, 2014 | $2.35 |
| Oct 10, 2014 | $2.35 | Oct 31, 2014 | $2.35 |
| Oct 17, 2014 | $2.35 | Oct 31, 2014 | $2.35 |
| Oct 24, 2014 | $2.35 | Oct 31, 2014 | $2.35 |
| Oct 31, 2014 | $0.00 | ||
| Nov 6, 2014 | $0.00 | ||
| Nov 13, 2014 | $0.00 | ||
| Nov 20, 2014 | $0.00 | ||
| Nov 27, 2014 | $1.76 | Dec 1, 2014 | $1.76 |
| Dec 4, 2014 | $1.76 | Dec 1, 2014 | $1.76 |
| Dec 11, 2014 | $1.76 | Jan 16, 2015 | $1.76 |
| Dec 18, 2014 | $1.76 | Jan 16, 2015 | $1.76 |
| Dec 25, 2014 | $1.76 | Jan 16, 2015 | $1.76 |
| Jan 1, 2015 | $1.76 | Jan 16, 2015 | $1.76 |
| Jan 8, 2015 | $1.76 | Jan 16, 2015 | $1.76 |
| Jan 15, 2015 | $1.76 | Jan 16, 2015 | $1.76 |
| Jan 22, 2015 | $1.76 | Feb 5, 2015 | $1.76 |
| Jan 29, 2015 | $1.76 | Feb 5, 2015 | $1.76 |
| Feb 5, 2015 | $1.76 | Feb 18, 2015 | $1.76 |
| Feb 12, 2015 | $1.76 | Feb 18, 2015 | $1.76 |
| Feb 19, 2015 | $1.76 | Mar 25, 2015 | $1.76 |
| Feb 26, 2015 | $1.76 | Mar 25, 2015 | $1.76 |
| Mar 5, 2015 | $1.76 | Mar 25, 2015 | $1.76 |
| Mar 12, 2015 | $1.76 | Mar 25, 2015 | $1.76 |
| Mar 19, 2015 | $1.76 | Mar 25, 2015 | $1.76 |
| Mar 26, 2015 | $1.76 | Mar 25, 2015 | $1.76 |
| Apr 2, 2015 | $1.76 | May 25, 2015 | $1.76 |
| Apr 9, 2015 | $1.76 | May 25, 2015 | $1.76 |
| Apr 16, 2015 | $1.76 | May 25, 2015 | $1.76 |
| Apr 23, 2015 | $1.76 | May 25, 2015 | $1.76 |
| Apr 30, 2015 | $1.76 | May 25, 2015 | $1.76 |
| May 7, 2015 | $1.76 | May 25, 2015 | $1.76 |
| May 14, 2015 | $1.76 | May 25, 2015 | $1.76 |
| May 21, 2015 | $1.76 | May 25, 2015 | $1.76 |
| May 28, 2015 | $1.76 | Aug 26, 2015 | $1.76 |
| Jun 4, 2015 | $1.76 | Aug 26, 2015 | $1.76 |
| Jun 11, 2015 | $1.76 | Aug 26, 2015 | $1.76 |
| Jun 18, 2015 | $1.76 | Aug 26, 2015 | $1.76 |
| Jun 25, 2015 | $1.76 | Aug 26, 2015 | $1.76 |
| Jul 2, 2015 | $1.76 | Aug 26, 2015 | $1.76 |
| Jul 9, 2015 | $1.76 | Aug 26, 2015 | $1.76 |
| Jul 16, 2015 | $1.76 | Aug 26, 2015 | $1.76 |
| Jul 23, 2015 | $1.76 | Aug 26, 2015 | $1.76 |
| Jul 30, 2015 | $1.76 | Aug 26, 2015 | $1.76 |
| Aug 6, 2015 | $1.76 | Aug 26, 2015 | $1.76 |
| Aug 13, 2015 | $1.76 | Aug 26, 2015 | $1.76 |
| Aug 20, 2015 | $1.76 | Aug 26, 2015 | $1.76 |
| Aug 27, 2015 | $1.76 | Aug 26, 2015 | $1.76 |
| Sep 3, 2015 | $1.76 | Aug 26, 2015 | $1.76 |
| Sep 10, 2015 | $1.76 | Aug 26, 2015 | $1.76 |
| Sep 17, 2015 | $1.76 | Aug 26, 2015 | $1.18 |
| Mar 4, 2019 | $0.59 | ||
| Sep 24, 2015 | $1.76 | Mar 4, 2019 | $1.76 |
| Oct 1, 2015 | $1.76 | Mar 4, 2019 | $1.76 |
| Oct 8, 2015 | $1.76 | Mar 4, 2019 | $1.76 |
| Oct 15, 2015 | $1.76 | Mar 4, 2019 | $1.76 |
| Oct 22, 2015 | $1.76 | Mar 4, 2019 | $1.76 |
| Oct 29, 2015 | $1.76 | Mar 4, 2019 | $1.76 |
| Nov 5, 2015 | $1.76 | Mar 4, 2019 | $1.12 |
| Nov 12, 2015 | $1.76 | ||
| Nov 19, 2015 | $1.76 | ||
| Nov 26, 2015 | $1.76 | ||
| Dec 3, 2015 | $1.76 | ||
| Dec 10, 2015 | $1.76 | ||
| Dec 17, 2015 | $1.76 | ||
| Dec 24, 2015 | $1.76 | ||
| Dec 31, 2015 | $1.76 | ||
| Jan 7, 2016 | $1.76 | ||
| Jan 14, 2016 | $1.76 | ||
| Jan 21, 2016 | $1.76 | ||
| Jan 28, 2016 | $1.76 | ||
| Feb 4, 2016 | $1.76 | ||
| Feb 11, 2016 | $1.76 | ||
| Feb 18, 2016 | $1.76 | ||
| Feb 25, 2016 | $1.76 | ||
| Mar 3, 2016 | $1.76 | ||
| Mar 10, 2016 | $1.76 | ||
| Mar 17, 2016 | $1.76 | ||
| Mar 24, 2016 | $1.76 | ||
| Mar 31, 2016 | $1.76 | ||
| Apr 7, 2016 | $1.76 | ||
| Apr 14, 2016 | $1.76 | ||
| Apr 21, 2016 | $1.76 | ||
| Apr 28, 2016 | $1.76 | ||
| May 5, 2016 | $1.76 | ||
| May 12, 2016 | $1.76 | ||
| May 19, 2016 | $1.76 | ||
| May 26, 2016 | $1.76 | ||
| Jun 2, 2016 | $1.76 | ||
| Jun 9, 2016 | $1.76 | ||
| Jun 16, 2016 | $1.76 | ||
| Jun 23, 2016 | $1.76 | ||
| Jun 30, 2016 | $1.76 | ||
| Jul 7, 2016 | $1.76 | ||
| Jul 14, 2016 | $1.76 | ||
| Jul 21, 2016 | $1.76 | ||
| Jul 28, 2016 | $1.76 | ||
| Aug 4, 2016 | $1.76 | ||
| Aug 11, 2016 | $1.76 | ||
| Aug 18, 2016 | $1.76 | ||
| Aug 25, 2016 | $1.76 | ||
| Sep 1, 2016 | $1.76 | ||
| Sep 8, 2016 | $1.76 | ||
| Sep 15, 2016 | $1.76 | ||
| Sep 22, 2016 | $1.76 | ||
| Sep 29, 2016 | $1.76 | ||
| Oct 6, 2016 | $1.76 | ||
| Oct 13, 2016 | $1.76 | ||
| Oct 20, 2016 | $1.76 | ||
| Oct 27, 2016 | $1.76 | ||
| Nov 3, 2016 | $1.76 | ||
| Nov 10, 2016 | $1.76 | ||
| Nov 17, 2016 | $1.76 | ||
| Nov 24, 2016 | $1.76 | ||
| Dec 1, 2016 | $1.76 | ||
| Dec 8, 2016 | $1.76 | ||
| Dec 15, 2016 | $1.76 | ||
| Dec 22, 2016 | $1.76 | ||
| Dec 29, 2016 | $1.76 | ||
| Jan 5, 2017 | $1.76 | ||
| Jan 12, 2017 | $1.76 | ||
| Jan 19, 2017 | $1.76 | ||
| Jan 26, 2017 | $1.76 | ||
| Feb 2, 2017 | $1.76 | ||
| Feb 9, 2017 | $1.76 | ||
| Feb 16, 2017 | $1.76 | ||
| Feb 23, 2017 | $1.76 | ||
| Mar 2, 2017 | $1.76 | ||
| Mar 9, 2017 | $1.76 | ||
| Mar 16, 2017 | $1.76 | ||
| Mar 23, 2017 | $1.76 | ||
| Mar 30, 2017 | $1.76 | ||
| Apr 6, 2017 | $1.76 | ||
| Apr 13, 2017 | $1.76 | ||
| Apr 20, 2017 | $1.76 | ||
| Apr 27, 2017 | $1.76 | ||
| May 4, 2017 | $1.76 | ||
| May 11, 2017 | $1.76 | ||
| May 18, 2017 | $1.76 | ||
| May 25, 2017 | $1.76 | ||
| Jun 1, 2017 | $1.76 | ||
| Jun 8, 2017 | $1.76 | ||
| Jun 15, 2017 | $1.76 | ||
| Jun 22, 2017 | $1.76 | ||
| Jun 29, 2017 | $1.76 | ||
| Jul 6, 2017 | $1.76 | ||
| Jul 13, 2017 | $1.76 | ||
| Jul 20, 2017 | $1.76 | ||
| Jul 27, 2017 | $1.76 | ||
| Aug 3, 2017 | $1.76 | ||
| Aug 10, 2017 | $1.76 | ||
| Aug 17, 2017 | $1.76 | ||
| Aug 24, 2017 | $1.76 | ||
| Aug 31, 2017 | $1.76 | ||
| Sep 7, 2017 | $1.76 | ||
| Sep 14, 2017 | $1.76 | ||
| Sep 21, 2017 | $1.76 | ||
| Sep 28, 2017 | $1.76 | ||
| Oct 5, 2017 | $1.76 | ||
| Oct 12, 2017 | $1.76 | ||
| Oct 19, 2017 | $1.76 | ||
| Oct 26, 2017 | $1.76 | ||
| Nov 2, 2017 | $1.76 | ||
| Nov 9, 2017 | $1.76 | ||
| Nov 16, 2017 | $1.76 | ||
| Nov 23, 2017 | $1.76 | ||
| Nov 30, 2017 | $1.76 | ||
| Dec 7, 2017 | $1.76 | ||
| Dec 14, 2017 | $1.76 | ||
| Dec 21, 2017 | $1.76 | ||
| Dec 28, 2017 | $1.76 | ||
| Jan 4, 2018 | $1.76 | ||
| Jan 11, 2018 | $1.76 | ||
| Jan 18, 2018 | $1.76 | ||
| Jan 25, 2018 | $1.76 | ||
| Feb 1, 2018 | $1.76 | ||
| Feb 8, 2018 | $1.76 | ||
| Feb 15, 2018 | $1.76 | ||
| Feb 22, 2018 | $1.76 | ||
| Mar 1, 2018 | $1.76 | ||
| Mar 8, 2018 | $1.76 | ||
| Mar 15, 2018 | $1.76 | ||
| Mar 22, 2018 | $1.76 | ||
| Mar 29, 2018 | $1.76 | ||
| Apr 5, 2018 | $1.76 | ||
| Apr 12, 2018 | $1.76 | ||
| Apr 19, 2018 | $1.76 | ||
| Apr 26, 2018 | $1.76 | ||
| May 3, 2018 | $1.76 | ||
| May 10, 2018 | $1.76 | ||
| May 17, 2018 | $1.76 | ||
| May 24, 2018 | $1.76 | ||
| May 31, 2018 | $1.76 | ||
| Jun 7, 2018 | $1.76 | ||
| Jun 14, 2018 | $1.76 | ||
| Jun 21, 2018 | $1.76 | ||
| Jun 28, 2018 | $1.76 | ||
| Jul 5, 2018 | $1.76 | ||
| Jul 12, 2018 | $1.76 | ||
| Jul 19, 2018 | $1.76 | ||
| Jul 26, 2018 | $1.76 | ||
| Aug 2, 2018 | $1.76 | ||
| Aug 9, 2018 | $1.76 | ||
| Aug 16, 2018 | $1.76 | ||
| Aug 23, 2018 | $1.76 | ||
| Aug 30, 2018 | $1.76 | ||
| Sep 6, 2018 | $1.76 | ||
| Sep 13, 2018 | $1.76 | ||
| Sep 20, 2018 | $1.76 | ||
| Sep 27, 2018 | $1.76 | ||
| Oct 4, 2018 | $1.76 | ||
| Oct 11, 2018 | $1.76 | ||
| Oct 18, 2018 | $1.76 | ||
| Oct 25, 2018 | $1.76 | ||
| Nov 1, 2018 | $1.76 | ||
| Nov 8, 2018 | $1.76 | ||
| Nov 15, 2018 | $1.76 | ||
| Nov 22, 2018 | $1.76 | ||
| Nov 29, 2018 | $1.76 | ||
| Dec 6, 2018 | $1.76 | ||
| Dec 13, 2018 | $1.76 | ||
| Dec 20, 2018 | $1.76 | ||
| Dec 27, 2018 | $1.76 | ||
| Jan 3, 2019 | $1.76 | ||
| Jan 10, 2019 | $1.76 | ||
| Jan 17, 2019 | $1.76 | ||
| Jan 24, 2019 | $1.76 | ||
| Jan 31, 2019 | $1.76 | ||
| Feb 7, 2019 | $1.76 | ||
| Feb 14, 2019 | $1.76 | ||
| Feb 21, 2019 | $1.76 | ||
| Feb 28, 2019 | $1.76 | ||
| Mar 7, 2019 | $1.76 | ||
| Mar 14, 2019 | $1.76 | ||
| Mar 21, 2019 | $1.76 | ||
| Mar 28, 2019 | $1.76 | ||
| Apr 4, 2019 | $1.76 | ||
| Apr 11, 2019 | $1.76 | ||
| Apr 18, 2019 | $1.76 | ||
| Apr 25, 2019 | $1.76 | ||
| May 2, 2019 | $1.76 | ||
| May 9, 2019 | $1.76 | ||
| May 16, 2019 | $1.76 | ||
| May 23, 2019 | $1.76 | ||
| May 30, 2019 | $1.76 | ||
| Jun 6, 2019 | $1.76 | ||
| Jun 13, 2019 | $1.76 | ||
| Jun 20, 2019 | $1.76 | ||
| Jun 27, 2019 | $1.76 | ||
| Jul 4, 2019 | $1.76 | ||
| Jul 11, 2019 | $1.76 | ||
| Jul 18, 2019 | $1.76 | ||
| Jul 25, 2019 | $1.76 | ||
| Aug 1, 2019 | $1.76 | ||
| Aug 8, 2019 | $1.76 | ||
| Aug 15, 2019 | $1.76 | ||
| Aug 22, 2019 | $1.76 | ||
| Aug 29, 2019 | $1.76 | ||
| Sep 5, 2019 | $1.76 | ||
| Sep 12, 2019 | $1.76 | ||
| Sep 19, 2019 | $1.76 | ||
| Sep 26, 2019 | $1.76 | ||
| Oct 3, 2019 | $1.76 | ||
| Oct 10, 2019 | $1.76 | ||
| Oct 17, 2019 | $1.76 | ||
| Oct 24, 2019 | $1.76 | ||
| Oct 31, 2019 | $1.76 | ||
| Nov 7, 2019 | $1.76 | ||
| Nov 14, 2019 | $14.16 | ||
| Nov 21, 2019 | $14.16 | ||
| Nov 28, 2019 | $69.61 | ||
| Dec 5, 2019 | $3.18 | ||
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