Increased sweet potato and peas farming

Robert

Kinangop, Kenya

1% repaid

Entrepreneur

Name

Robert

Member since

August 2015

On-time repayments

251 installments  •  43%

About Me

Put simply, a boutique fitness studio is a small gym that offers group exercise focused on one or two types of fitness. High-intensity interval training (HIIT), functional fitness, spinning, or barre are typical staples of the boutique fitness studio. And while traditional health clubs, big-box gyms, and personal training focus on the individual, boutique puts a big emphasis on community and training together.

Boutique studios started to emerge in the late nineties and early 2000s in the form of Barry’s Bootcamp, Crossfit, and Orangetheory. The premise was that they could offer a different fitness experience to the one usually found in the big box titans—like Gold’s Gym and 24 Hour Fitness. Barry’s Bootcamp, for example, is an hour of military-style training set in a nightclub-like surrounding, a world away from the grunt and clank of the weight room floor.

My Business

There a couple of reasons why the boutique approach is winning out over traditional gyms. According to a survey by Les Milles and Nielsen, 63 percent of people attend boutique fitness studios for the community aspect, while 47 percent of people participate because of the atmosphere. These two factors definitely play a large part in its success.

For those hesitant to enter the gym by themselves, the high energy social atmosphere can push a person beyond what they would achieve alone. Add to that the up-tempo music, enthusiastic instructor, and sense of camaraderie, and boutique fitness classes offer a potent mix of fitness and fun.

Another significant factor in its success is the highly specialized and flexible nature of boutiques that appeal to a younger generation of customers. The big box gym model simply doesn’t provide this, with their restricted workout offerings and contract-locked memberships.

Loan Proposal

I will improve my sweet potato farming by increasing the quantity of produce, my previous farming has been successful due to the fact that some of this part experienced massive crop failure due to drought.
The main cash crop here being potatoes and cabbages has seen significant drop of the same due to climatic changes and diseases. its on this account that I tried my hand in sweet potato farming and this has not disappointed me. I was able to expand my market and currently i have major customers from Nairobi city. After analyzing the market, I realized that I must vary the planting season to ensure continuous supply as opposed to relying on supply at certain times. I will subdivide my land into portions and plant at different months so that time of harvesting will not be at once. This will ensure that there is no time I wont be in the market. I plan to use USD 1200 towards the two projects. I will also as mentioned start peas farming since I have seen it to be profitable.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,283.00

Date disbursed

Oct 20, 2017

Repayment status

Late

Projected term

302 months

Lenders

juliemartha

Lake Mary, United States

Freewolf

Salt Lake City, United States

CC

Catherine CatDesignz

Halifax, United Kingdom

V

Vivek

Arlington, VA, United States

Mr Chris Turner

Cambridge forever England, United Kingdom

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$7.92

Amount remaining

$1,275.03

Expected completion

Jun 9, 2018

Status

Repaying late

Installment amount

$49.35

Repayment History

Expected Payments Actual Payments
Oct 28, 2017 $1.98 Oct 23, 2017 $0.99
Oct 31, 2017 $0.99
Nov 4, 2017 $0.99 Nov 6, 2017 $0.99
Nov 11, 2017 $0.99 Nov 13, 2017 $0.99
Nov 18, 2017 $0.99 Nov 20, 2017 $0.99
Nov 25, 2017 $0.99 Nov 28, 2017 $0.99
Dec 2, 2017 $0.99 Dec 4, 2017 $0.99
Dec 9, 2017 $0.99 Dec 13, 2017 $0.99
Dec 16, 2017 $49.35
Dec 23, 2017 $49.35
Dec 30, 2017 $49.35
Jan 6, 2018 $49.35
Jan 13, 2018 $49.35
Jan 20, 2018 $49.35
Jan 27, 2018 $49.35
Feb 3, 2018 $49.35
Feb 10, 2018 $49.35
Feb 17, 2018 $49.35
Feb 24, 2018 $49.35
Mar 3, 2018 $49.35
Mar 10, 2018 $49.35
Mar 17, 2018 $49.35
Mar 24, 2018 $49.35
Mar 31, 2018 $49.35
Apr 7, 2018 $49.35
Apr 14, 2018 $49.35
Apr 21, 2018 $49.35
Apr 28, 2018 $49.35
May 5, 2018 $49.35
May 12, 2018 $49.35
May 19, 2018 $49.35
May 26, 2018 $49.35
Jun 2, 2018 $49.35
Jun 9, 2018 $41.33

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