Knapsack sprayer ruths farm

Ruth Obara

Angorom, Kenya

38% repaid

Entrepreneur

Name

Ruth Obara

Member since

September 2014

On-time repayments

79 installments  •  35%

About Me

My name is Ruth Obara from Angorom ,Teso south Busia County. I am the only child in our family and my parents passed on in a greasily road accident while I was still young,I was later adopted by one my aunts.I went to secondary school and later proceeded to Egerton University last year.
This year i am supposed to proceed to second year of study but due to financial constraints I have differed my studies for one year and started farming to raise my fees.
From my commercial farming I have been able to pay my university fees for first year studies.I have also been able to to take care of my bills.
During my free time a read motivational books which have been a great pillar in my life.I also love singing and dancing.Occasionally I go for boat riding.
I am looking forward to joining Zidisha since i believe i will be able to expand my farm get more revenues and go back to school.I will also be able to save some money to start small business while in college to sustain my bills ,save for fees and service my loan.

My Business

My name is Ruth Obara,I come from Angorom village Teso south Busia County, in western Kenya .I am a small commercial farmer, engaging in traditional African vegetables and exotic vegetables. I provide fresh, and high quality vegetables to my clients.
I have about 1 acre of land but currently I only utilize quarter of the land, since I don’t have the resource for expansion. I grow traditional African vegetables and sell it to fellow villagers and wholesalers who come to my farm. The business is profitable because the vegetables grow very fast and that means more money for me. I rarely use fertilizer and that has greatly increased my revenues, since I cut on the cost of production.
My business does not really face any great threat since the vegetables are rarely attacked by diseases and pests, the demand is equally high, however occasionally thieves steal my vegetables and that always reduce my revenue.
I spend $30 as production costs each month, (buying seeds and labor) .My monthly revenue is $180 and so in a good month I make a profit of $150.
I intend to service my loan using money I earn from my business. I am looking forward to expand my business so that I can get maximum revenues from my farm and employ a farm hand to take of it while I am in college.
Thank you for visiting my profile

Loan Proposal

Hello ladies and gentlemen,with you help I can see some light at the end of the tunnel,I had no hopes but you have given me hope!!! My farm picked up well and my revenues increased.I am requesting for a loan to aid purchase of a knapsack sprayer for my farm,currently i hire one from a neighbor,I believe having my own will help me cut costs . Thanks so much for your support once again.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$146.22

Date disbursed

Jan 23, 2015

Repayment status

Late

Projected term

14 months

Cost to entrepreneur

Lender interest: $146.22 at 5.95% annual rate over 14 months = $10.76

Service fee: $6.69

Lenders

S

snowcrystal86

New York, United States

RebeccaNie

Palo Alto, United States

C

chrisherron

Chicago, United States

Boysenfam

Boulder, United States

DLarson

Morris, United States

J

JoeSolar

Virginia, United States

McJulio

New Jersey, United States

A

Andrew22

Hopewell PA, United States

H

Harmony

Cleveland, United States

Padrino

Kilkenny, Ireland

B

BearLa

Indianapolis, United States

C

chrishol

United States

F

FSO

Canada

E

egines

United States

alecors

Mexico, Mexico

A

andreab

United States

KM

Kirsty M

United Kingdom

P

pombo

United States

D

Doug

Baltimore, United States

ujgih

Germany

Ask Ruth a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • John Otieno    Jul 1, 2015

    obara says she will make payments soon. she says the business has been down a bit.

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  • John Otieno    May 9, 2015

    hey lenders.Obara promised to make payments these weekend.

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  • Ruth Obara    Feb 4, 2015

    Dear lenders,my aunt is once again ill and i think I will not be in position to repay my loan on time ,however I have decided to reduce it to affordable figure such that ,I am atleast able to make on time repayment,I know things will be tough for the next few days but i know I will conquer the sitution. My business is thriving at the moment and I have already paid $180 as fees for my campus education. I am so grateful for your support always,

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  • Ruth Obara    Jan 22, 2015

    Thank you so much dear lenders for your ,kindness. I am so grateful.

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  • Ruth Obara    Jan 21, 2015

    I have been able to repay my loan on time ,however my credit limit is has not increased,I have called my VM and he promised to make a followup with zidisha team. I have been able to water my farm hence more revenues, I am saving for my school fees so that i can go back to college in September,without your support this could not have been possible. Once again thank you.

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    • Hope2012    Jan 22, 2015

      That's great news. In fact you repaid slightly early. I will post positive feedback and hopefully this will help you access the next loan level. All best wishes

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  • Ruth Obara    Jan 21, 2015

    I am glad for your continued support,things have been tough but i tried my best to pay on time. The loan was very helpful and I am grateful you supported me.

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  • Ruth Obara    Jan 19, 2015

    Thank you so much lenders

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  • Hope2012    Dec 12, 2014

    Congratulations on your funding, that was quick :)

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  • howard    Dec 10, 2014

    Thank you, Ruth, for keeping your promise and completing repayment on time.

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    • Ruth Obara    Dec 10, 2014

      Thanks so much,I am really sorry i was not able to pay on time. But I am honesty girl and will always try as much as possible to keep my promises

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  • Ruth Obara    Dec 9, 2014

    Despite the challenges i faced after receiving the loan i.e my aunt being sick,I was focused to keep my promise of repaying my loan on time.I want to take this opportunity to thank you lenders for your great support during this hard time ,thanks so much.

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  • Ruth Obara    Dec 1, 2014

    Dear lenders I am very sorry for late payment.Finally my aunt got better and my farm is doing equally good ,I wish to repay my loan in full,I am so grateful for your patience,The loan really helped me since I was able to expand my farm,This has significantly increased my income,Thanks so much,I am so glad

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  • Ruth Obara    Nov 25, 2014

    Dear lenders due to increased income ,I wish to increase my repayment schedule.The dry season has just started and my aunt got well.that means less spending and more income,I hope you have forgiven me for my late payment.I would really be glad to complete my loan as first as possible.Thank you so much

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  • Ruth Obara    Nov 16, 2014

    Dear lenders ,I am so sorry for the inconvenience that i may have caused due to delayed payments.I am glad you have been patience.My aunt got well and my farm is also doing very well.I have started making sells and i believe i will be able to repay the loan on time.Thank you so much for your understanding and kindness.All the love

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  • John Otieno    Nov 14, 2014

    Hey lenders ,Ruth just made her first payment today. She is sorry for late payment and very grateful for your support

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  • John Otieno    Nov 13, 2014

    Dear lenders,Ruth's situation has improved and she will start repaying her loan today,I am really happy she is doing fine.
    She is so grateful that lenders understood her situation.Thank you so much

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  • John Otieno    Nov 6, 2014

    hello ladies and gentlemen,I have been in touch with Ruth and she has promised to restart paying her loan.I am admit she is polite gal,willing to pay but the aunt is sick and she is the one taking care of the bills.She has said she will pay anything small she gets as soon as possible. Please just understand this borrower situation.She lost her phone and that is why she has been offline.Further more she has not been able to access network,to keep lenders posted. I wish her all the best

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  • Ruth Obara    Oct 14, 2014

    Dear lenders ,Please forgive me for not honoring my scheduled payments,I fill so bad. My aunt has been sick for quite a while and and I am so much financially constrained. I am doing my best to make repayments as soon as the situation eases ,Thank you in advance

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  • John Otieno    Oct 14, 2014

    Hey lenders,I have been in touch with Ruth,her project is doing quite fine and she promised to start making pfinaayments in the next couple of weeks.She is really sorry for the inconvience.
    The mojor reason as to why she has not been able to pay using the ongoing business income is because her aunt has been sick and she is the one responsible for her medication and other bills.This has really affected her repayment abilty.
    On her behalf I am sorry and hope things work out for her.Thank you

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  • Ruth Obara    Oct 6, 2014

    Dear lenders,i have been unsuccessfully trying to log into my account since morning,unfortunately I could not.I writing to inform that i will delay to in repaying my loan.this is due to current unforeseen glut in the market.However I am optimistic the market will easy soon plus i have already prepared my garden and the future looks bright.Thanks for supporting me ,thank you

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  • John Otieno    Sep 24, 2014

    success in your endeavors Ruth

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