Loan to build a greenhouse

Mercy

Nakuru, Kenya

16% repaid

Entrepreneur

Name

Mercy

Member since

March 2016

On-time repayments

243 installments  •  57%

About Me

My names are Mercy Mugure Kimani. I'm married and have 3 children. I was born in Kiambu district in the Kiambu county which was in the former Central province. This is about 50 miles from Nairobi.

I went for early education near my rural home, which is just a walking distance and this was so good as I did not get tired going to school, unlike my counterparts.

Later I went to a school in Nairobi, Uthiru Girls high school, and after my form 4 exams, I joined a college in Nairobi to do my study in Front Office & Housekeeping.

I got married in the year 2010 and relocated to my current township of Nakuru which is 130 miles south of Nairobi.

My Business

I have been practising horticulture with my 5th loan and am happy to let you know that it was a wise decision.

Farming is not only a passion that I have, but the challenges and the ability to oversee crops from seeds to maturity and finally selling them and earning brings lots of excitement.

The farming I was doing was overhead irrigation which has it's own shortcomings, but on the other hand the profits are big. Within the first 6 months, I had started realizing profits upto 80% more.

This is the reason I want to move to a more intesified Greenhouse farming which is more productive and harvest are bigger hence the projected income will definitely double in the next half year.

Loan Proposal

My 6th Zidisha loan is intended to improve the productivity by engaging in newer methods of agribusiness. That is why I plan that with your assistance, through the loan you will lend to me, I plan to have a Greenhouse of 8 x 15 Meters constructed on my piece of land.

I plan to start with Tomatoes, Onions, Beetroot, capsicums and other fast maturing market crops which have a higher return on investment.

COST OF PROJECT

1. Construction of a 8X15 meters greenhouse ...................$800
2. Assorted Hybrid seeds.......................................$100
3. Labour.......................................................$50
4. Miscelleneous expenses.......................................$50

TOTAL COST....................................................$1,000

This project will run along side my normal overhead irrigation and will effectively increase my profits by more than 100%. I will also be able to employ about 2-4 people, thereby creating employment and increase food availability within my community.

My family's livelihood will also be better and this will bring harmony in our marriage.

MODE FOR LOAN REPAYMENT

My plan for repaying my loan is that, I can comfortably live with the income from my earlier horticulture farming. Then, the new income generated by the Greenhouse farming, will be directly channeled towards paying my loans.

I also have a boutique, and I can dedicate about 30% of the income towards repaying this loan.

I wish to thank all lenders in advance, as I am confident of your generous funding and as with my previous loans, I promise to repay all my loan to the last cent.

May God bless you and your families.

Mercy.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,002.00

Date disbursed

Mar 8, 2018

Repayment status

Late

Projected term

38 months

Lenders

V

Valis

Singapore, Singapore

Stefano Bertolo

Luxembourg, Luxembourg

J

Joggele

Austria, Austria

KieranB

Ireland

melissapmeier

United States

I

Ian

United Kingdom

Emma

Australia

Nick

Manchester, United Kingdom

Ed

Howells, United States

M

Marama

Australia

Paul Buchheit

Mountain View, United States

MA

Mauricio Arguedas

San Jose, Costa Rica

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

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Summary

Amount repaid

$157.44

Amount remaining

$845.55

Expected completion

May 22, 2021

Status

Repaying late

Installment amount

$0.50

Repayment History

Expected Payments Actual Payments
Mar 17, 2018 $38.43 Mar 17, 2018 $38.43
Mar 24, 2018 $4.93 Mar 24, 2018 $4.93
Mar 31, 2018 $4.93 Mar 31, 2018 $4.93
Apr 7, 2018 $4.93 Apr 7, 2018 $4.93
Apr 14, 2018 $4.93 Apr 15, 2018 $4.93
Apr 21, 2018 $4.93 Apr 29, 2018 $4.93
Apr 28, 2018 $4.93 Apr 29, 2018 $4.93
May 5, 2018 $4.94 May 5, 2018 $4.94
May 12, 2018 $4.94 May 5, 2018 $4.94
May 19, 2018 $4.94 May 5, 2018 $4.94
May 26, 2018 $4.94 May 5, 2018 $4.94
Jun 2, 2018 $0.01 May 5, 2018 $0.01
Jun 9, 2018 $0.00
Jun 16, 2018 $1.98 Jun 11, 2018 $1.98
Jun 23, 2018 $1.98 Jun 11, 2018 $1.98
Jun 30, 2018 $1.98 Jun 11, 2018 $1.98
Jul 7, 2018 $1.98 Jul 11, 2018 $1.98
Jul 14, 2018 $1.98 Jul 11, 2018 $1.98
Jul 21, 2018 $0.97 Jul 11, 2018 $0.97
Jul 28, 2018 $1.98 Jul 31, 2018 $1.98
Aug 4, 2018 $1.98 Jul 31, 2018 $1.98
Aug 11, 2018 $1.98 Jul 31, 2018 $1.98
Aug 18, 2018 $1.98 Sep 1, 2018 $1.98
Aug 25, 2018 $1.98 Sep 1, 2018 $1.98
Sep 1, 2018 $0.00
Sep 8, 2018 $0.00
Sep 15, 2018 $1.97 Sep 15, 2018 $1.97
Sep 22, 2018 $1.97 Sep 15, 2018 $1.97
Sep 29, 2018 $1.97 Oct 3, 2018 $1.97
Oct 6, 2018 $1.97 Oct 9, 2018 $1.97
Oct 13, 2018 $1.97 Oct 15, 2018 $1.97
Oct 20, 2018 $0.00
Oct 27, 2018 $4.93 Nov 27, 2018 $4.93
Nov 3, 2018 $0.00
Nov 10, 2018 $0.00
Nov 17, 2018 $0.00
Nov 24, 2018 $0.00
Dec 1, 2018 $1.97 Dec 11, 2018 $1.97
Dec 8, 2018 $1.97 Dec 11, 2018 $1.97
Dec 15, 2018 $1.97 Jan 8, 2019 $1.97
Dec 22, 2018 $1.97 Jan 8, 2019 $1.97
Dec 29, 2018 $1.97 Jan 8, 2019 $1.97
Jan 5, 2019 $0.00
Jan 12, 2019 $0.00
Jan 19, 2019 $0.00
Jan 26, 2019 $0.99 Mar 14, 2019 $0.99
Feb 2, 2019 $0.99 Mar 14, 2019 $0.99
Feb 9, 2019 $0.99 Mar 14, 2019 $0.99
Feb 16, 2019 $0.99 Mar 14, 2019 $0.99
Feb 23, 2019 $0.99 Mar 14, 2019 $0.99
Mar 2, 2019 $0.00
Mar 9, 2019 $0.00
Mar 16, 2019 $0.00
Mar 23, 2019 $0.00
Mar 30, 2019 $0.00
Apr 6, 2019 $0.00
Apr 13, 2019 $0.00
Apr 20, 2019 $0.00
Apr 27, 2019 $0.00
May 4, 2019 $0.00
May 11, 2019 $0.99 Jun 11, 2019 $0.99
May 18, 2019 $0.99 Jun 11, 2019 $0.99
May 25, 2019 $0.99 Jun 11, 2019 $0.99
Jun 1, 2019 $0.99 Jun 11, 2019 $0.99
Jun 8, 2019 $0.99 Jun 11, 2019 $0.99
Jun 15, 2019 $0.00
Jun 22, 2019 $0.00
Jun 29, 2019 $0.00
Jul 6, 2019 $0.00
Jul 13, 2019 $0.00
Jul 20, 2019 $0.99 Aug 15, 2019 $0.99
Jul 27, 2019 $0.00
Aug 3, 2019 $0.00
Aug 10, 2019 $0.00
Aug 17, 2019 $0.00
Aug 24, 2019 $0.00
Aug 31, 2019 $0.49 Aug 27, 2019 $0.49
Sep 7, 2019 $0.49 Sep 10, 2019 $0.49
Sep 14, 2019 $0.00
Sep 21, 2019 $0.00
Sep 28, 2019 $0.00
Oct 5, 2019 $0.00
Oct 12, 2019 $0.49 Oct 14, 2019 $0.49
Oct 19, 2019 $0.49 Oct 14, 2019 $0.49
Oct 26, 2019 $0.49 Oct 14, 2019 $0.49
Nov 2, 2019 $0.49 Oct 14, 2019 $0.49
Nov 9, 2019 $0.49 Oct 14, 2019 $0.49
Nov 16, 2019 $0.00
Nov 23, 2019 $0.00
Nov 30, 2019 $0.00
Dec 7, 2019 $0.00
Dec 14, 2019 $0.00
Dec 21, 2019 $0.00
Dec 28, 2019 $0.00
Jan 4, 2020 $0.49 Dec 31, 2019 $0.49
Jan 11, 2020 $0.49 Jan 13, 2020 $0.49
Jan 18, 2020 $0.49 Jan 13, 2020 $0.49
Jan 25, 2020 $0.49 Jan 27, 2020 $0.49
Feb 1, 2020 $0.00
Feb 8, 2020 $0.00
Feb 15, 2020 $0.00
Feb 22, 2020 $0.00
Feb 29, 2020 $0.00
Mar 7, 2020 $0.00
Mar 14, 2020 $0.49 May 15, 2020 $0.49
Mar 21, 2020 $0.49 May 15, 2020 $0.49
Mar 28, 2020 $0.00
Apr 4, 2020 $0.00
Apr 11, 2020 $0.00
Apr 18, 2020 $0.00
Apr 25, 2020 $0.00
May 2, 2020 $0.00
May 9, 2020 $0.00
May 16, 2020 $0.50 May 18, 2020 $0.50
May 23, 2020 $0.50 May 25, 2020 $0.50
May 30, 2020 $0.50 Jun 16, 2020 $0.50
Jun 6, 2020 $0.50 Jun 16, 2020 $0.50
Jun 13, 2020 $0.50 Jun 16, 2020 $0.50
Jun 20, 2020 $0.00
Jun 27, 2020 $0.00
Jul 4, 2020 $0.00
Jul 11, 2020 $0.00
Jul 18, 2020 $0.50 Jul 28, 2020 $0.50
Jul 25, 2020 $0.50 Jul 28, 2020 $0.50
Aug 1, 2020 $0.50 Aug 11, 2020 $0.50
Aug 8, 2020 $0.50 Aug 11, 2020 $0.50
Aug 15, 2020 $0.00
Aug 22, 2020 $0.00
Aug 29, 2020 $0.00
Sep 5, 2020 $0.00
Sep 12, 2020 $0.00
Sep 19, 2020 $0.00
Sep 26, 2020 $0.00
Oct 3, 2020 $0.00
Oct 10, 2020 $0.50 Oct 13, 2020 $0.50
Oct 17, 2020 $0.00
Oct 24, 2020 $0.00
Oct 31, 2020 $0.00
Nov 7, 2020 $0.00
Nov 14, 2020 $0.00
Nov 21, 2020 $0.50 Dec 14, 2020 $0.50
Nov 28, 2020 $0.50 Dec 14, 2020 $0.50
Dec 5, 2020 $0.50 Dec 14, 2020 $0.50
Dec 12, 2020 $0.50 Dec 14, 2020 $0.50
Dec 19, 2020 $0.50
Dec 26, 2020 $38.43
Jan 2, 2021 $38.43
Jan 9, 2021 $38.43
Jan 16, 2021 $38.43
Jan 23, 2021 $38.43
Jan 30, 2021 $38.43
Feb 6, 2021 $38.43
Feb 13, 2021 $38.43
Feb 20, 2021 $38.43
Feb 27, 2021 $38.43
Mar 6, 2021 $38.43
Mar 13, 2021 $38.43
Mar 20, 2021 $38.43
Mar 27, 2021 $38.43
Apr 3, 2021 $38.43
Apr 10, 2021 $38.43
Apr 17, 2021 $38.43
Apr 24, 2021 $38.43
May 1, 2021 $38.43
May 8, 2021 $38.43
May 15, 2021 $38.43
May 22, 2021 $37.99

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