Name
Ken
Member since
September 2015
On-time repayments
227 installments • 84%
I have grown up in Coastal Kenya.I have graduated recently from Egerton University with B.Sc (Horticulture). Due to the lack of jobs, I have over 500 mango seedlings which I plan to graft soon, though I wish to expand the nursery to include ornamental plants. I also make soap-less detergent that I sell to car wash businesses. These ventures have been started with a small amount I had saved.
The recent G.E.S summit was very inspiring and acts as my source of motivation. I also plan to venture into farming both in crops and livestock.
My business is mainly poultry farming whereby we are involved in selling both eggs and meat. I also invest in small scale cattle and goat farming. The rest of the farm area is covered in agroforestry whereby we grow crops and trees for sustainability.
The trees are sometimes harvested for timber and firewood. This helps to boost the financial status especially for home use. There is also a small tree nursery whereby seedlings are sold at affordable prices.
The loan will be used for the purchase of the following requirements.
1. Land-hire $50.
2. Tractor (ploughing ) $30.
3. Seed (Julie F1 ) $120.
4. N:P:K fertilizer $30.
5. Planting labour $30.
6.Foliar fertilizer (Phosphorus ) $35.
7.Spraying cost $10.
8.First Weeding $20.
9.Foliar fertilizer (Nitrogenous) $35.
10.Fungicide $30.
11.Insecticide $35.
12.Spraying Costs $20.
13. Second Weeding $20.
14.Miscellaneous Costs $40.
This projects the total cost to approximately $500.
The expected yield of this variety however is 20 to 25 tonnes per acre,though due to many factors I lower my expected yield to 15tonnes per acre.
The price in the local markets ranges between $ 0.08 to $ 0.20,hence my expected income would range between $1200 and $3000. This translates my profit to the range of between $700 and $2500.
I hope you will kindly consider my application hence empowering me and the community at large.
Thank you.
My name is Ken Mutinda. I am a Kenyan and mainly reside in Malindi town in thee north coast. My childhood can be described as one that was adventurous and fan. I have completed my education up-to bachelors degree level.
Some of the main challenges that we faced at home was poverty and we had to overcome by perseverance and encouragement from our parents and friends.
I started my nursery business immediately I completed college and from the saving I started the detergent business. I also keep some ducks which I sell upon maturity as well as their eggs.
I live in a cosmopolitan area whereby people of different cultures live together in peace.
My business is mainly poultry farming whereby we are involved in selling both eggs and meat. I also invest in small scale cattle and goat farming. The rest of the farm area is covered in agroforestry whereby we row crops and trees for sustainability.
The trees are sometimes harvested for timber and firewood. This helps to boost the financial status especially for home use. There is also a small tree nursery.
I now wish to purchase the motorbike to help with transport as well as be a source of money and employment.
The loan will be used for the purchase of the following requirements.
1. Land-hire $50.
2. Tractor (ploughing ) $30.
3. Seed (Julie F1 ) $120.
4. N:P:K fertilizer $30.
5. Planting labour $30.
6.Foliar fertilizer (Phosphorus ) $35.
7.Spraying cost $10.
8.First Weeding $20.
9.Foliar fertilizer (Nitrogenous) $35.
10.Fungicide $30.
11.Insecticide $35.
12.Spraying Costs $20.
13. Second Weeding $20.
14.Miscellaneous Costs $40.
This projects the total cost to approximately $500.
The expected yield of this variety however is 20 to 25 tonnes per acre,though due to many factors I lower my expected yield to 15tonnes per acre.
The price in the local markets ranges between $ 0.08 to $ 0.20,hence my expected income would range between $1200 and $3000. This translates my profit to the range of between $700 and $2500.
I hope you will kindly consider my application hence empowering me and the community at large.
Thank you.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$301.00
Date disbursed
Mar 23, 2016
Repayment status
On Time
Projected term
12 months
Other loans
Amount repaid
$316.05
Amount remaining
$0.00
Date repaid
Mar 21, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Mar 31, 2016 | $10.07 | Apr 1, 2016 | $10.07 |
Apr 7, 2016 | $0.00 | ||
Apr 14, 2016 | $0.00 | ||
Apr 21, 2016 | $3.02 | Apr 16, 2016 | $3.02 |
Apr 28, 2016 | $3.02 | Apr 16, 2016 | $3.02 |
May 5, 2016 | $3.02 | Apr 16, 2016 | $3.02 |
May 12, 2016 | $3.02 | Apr 16, 2016 | $1.01 |
Apr 21, 2016 | $2.01 | ||
May 19, 2016 | $3.02 | Apr 21, 2016 | $1.01 |
May 1, 2016 | $2.01 | ||
May 26, 2016 | $3.02 | May 1, 2016 | $3.02 |
Jun 2, 2016 | $3.02 | May 1, 2016 | $1.01 |
May 16, 2016 | $2.01 | ||
Jun 9, 2016 | $3.02 | May 16, 2016 | $3.02 |
Jun 16, 2016 | $1.01 | May 16, 2016 | $1.01 |
Jun 23, 2016 | $5.04 | Jun 2, 2016 | $5.04 |
Jun 30, 2016 | $5.04 | Jul 2, 2016 | $5.04 |
Jul 7, 2016 | $5.04 | Jul 2, 2016 | $5.04 |
Jul 14, 2016 | $5.04 | Jul 14, 2016 | $5.04 |
Jul 21, 2016 | $5.04 | Jul 14, 2016 | $5.04 |
Jul 28, 2016 | $5.04 | Jul 14, 2016 | $1.01 |
Aug 1, 2016 | $4.03 | ||
Aug 4, 2016 | $5.04 | Aug 1, 2016 | $5.04 |
Aug 11, 2016 | $5.04 | Aug 1, 2016 | $5.04 |
Aug 18, 2016 | $5.04 | Aug 20, 2016 | $5.04 |
Aug 25, 2016 | $5.04 | Sep 5, 2016 | $5.04 |
Sep 1, 2016 | $5.04 | Sep 5, 2016 | $5.04 |
Sep 8, 2016 | $5.04 | Sep 5, 2016 | $5.04 |
Sep 15, 2016 | $5.04 | Sep 15, 2016 | $5.04 |
Sep 22, 2016 | $5.04 | Sep 26, 2016 | $5.04 |
Sep 29, 2016 | $5.04 | Sep 29, 2016 | $5.04 |
Oct 6, 2016 | $5.04 | Oct 6, 2016 | $5.04 |
Oct 13, 2016 | $5.04 | Oct 11, 2016 | $5.04 |
Oct 20, 2016 | $5.04 | Oct 17, 2016 | $5.04 |
Oct 27, 2016 | $10.07 | Oct 26, 2016 | $10.07 |
Nov 3, 2016 | $10.07 | Nov 2, 2016 | $10.07 |
Nov 10, 2016 | $10.07 | Nov 16, 2016 | $10.07 |
Nov 17, 2016 | $0.00 | ||
Nov 24, 2016 | $3.02 | Nov 29, 2016 | $3.02 |
Dec 1, 2016 | $3.02 | Dec 8, 2016 | $3.02 |
Dec 8, 2016 | $3.02 | Dec 14, 2016 | $3.02 |
Dec 15, 2016 | $3.02 | Dec 14, 2016 | $3.02 |
Dec 22, 2016 | $0.00 | ||
Dec 29, 2016 | $10.07 | Dec 23, 2016 | $3.02 |
Jan 2, 2017 | $7.05 | ||
Jan 5, 2017 | $10.07 | Jan 2, 2017 | $3.02 |
Jan 5, 2017 | $7.05 | ||
Jan 12, 2017 | $10.07 | Jan 5, 2017 | $3.02 |
Jan 14, 2017 | $7.05 | ||
Jan 19, 2017 | $10.07 | Jan 14, 2017 | $10.07 |
Jan 26, 2017 | $10.07 | Jan 14, 2017 | $10.07 |
Feb 2, 2017 | $10.07 | Feb 1, 2017 | $10.07 |
Feb 9, 2017 | $10.07 | Feb 1, 2017 | $10.07 |
Feb 16, 2017 | $10.07 | Feb 12, 2017 | $10.07 |
Feb 23, 2017 | $10.07 | Feb 24, 2017 | $10.07 |
Mar 2, 2017 | $10.07 | Mar 1, 2017 | $10.07 |
Mar 9, 2017 | $10.07 | Mar 8, 2017 | $10.07 |
Mar 16, 2017 | $10.07 | Mar 15, 2017 | $10.07 |
Mar 23, 2017 | $26.96 | Mar 20, 2017 | $16.88 |
Mar 21, 2017 | $10.07 |
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