Loan to buy knapsack sprayer for vegetable farm

Daniel

Burumba, Kenya

100% repaid

Entrepreneur

Name

Daniel

Member since

November 2014

On-time repayments

40 installments  •  65%

About Me

My name is Daniel Otieno,I was born in Busia county.In our family we are 10 kids,two boys and 8 girls.My father was a teacher while my mother was a farmer.My father passed on while I was still young boy and left my mom to raise as single handed.
Though life was tough our mom raised as through farming,after completing my secondary education I went back home and started helping my mom.
I realized she was not utilizing the modern available farming technologies and therefore i decided to do modern farming and it paid off.
currently I have one wife and two kids they all want to be doctors in future.I hope and wish the make it in life.

My Business

I am a commercial farmer and i keep both livestock and grow horticulture in my 2 acre farm.I started with high value horticultral crops and have now advanced into dairy farming.
The demand for vegetables and dairy products (milk) is always high throughout the year.I make sure i increase my productivity during the dry season when vegetables and milk are scarce so as to maximize profits.
I choose this business because my mom was a farmer and so as i helped her out in the farm,i developed passion for farming,secondly farming was less capital intensive.
In a month I spend $150 for labor,and transport to the market .My profits are always between $250-350 in a month.
I use my profits to pay fees for my kids ,nephew and siblings.I believe education is power and so I do all i can to empower them.

Loan Proposal

Dear lenders I am requesting you to help me raise a loan to buy a knapsack sprayer,currently i borrow from a neighbor and that has caused a lot of inconvenience because at times when i go to borrow,he is also using it.This has made me make lots of loses. I would really appreciate the $100 loan.I am optimistic ,thank you for visiting my profile.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Nov 26, 2014

Repayment status

On Time

Projected term

6 weeks

Lenders

McJulio

New Jersey, United States

BuckeyeBob

Ohio, United States

Franmiguel

Perth, Australia

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  • Daniel    Jun 17, 2015

    Thank you dear lenders. I will buy refrigirator once I receive my loan.Thank you

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  • Daniel    Jun 6, 2015

    Dear lenders ,I am very happy to have finally completed repaying my second loan. As small upcoming entrepreneurs we face challenges but the most important thing is to always be trustworthy . I am glad you supported me and I am very grateful for the support and would always be happy .

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  • Daniel    Jun 5, 2015

    Hello lenders. I am sorry for the late payment. I have since cleared my loan.Thank you so much

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  • Daniel    May 14, 2015

    How are you ladies and gentlemen ,I hope you are doing fine. my cow gave birth and my kids can now enjoy milk while I sell the rest. Thank you always.

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  • Daniel    Mar 26, 2015

    Dear lenders I have delayed to make payments due to unavoidable circumstances,which I have now resolved . I am looking forward to increasing my payments starting next week due to increased revenues these month. I am so glad and I appreciate you support.

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  • John    Mar 21, 2015

    Daniel says he has been having problems with his mpesa line,but says he will make payments these Sunday. He says he is really sorry he didn't reschedule his loan due to lack of computer and network,I asked if I could do that on his behalf but he says he will make all payments on Sunday and feels it is not necessary. Thank you lenders for your patience.

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  • Dutchguy    Feb 12, 2015

    So sorry to hear that, Daniel. My condolances and good luck. Thank you for letting us know.

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  • Daniel    Feb 12, 2015

    dear lenders, I am so sorry I have not been able to make payments for the past few weeks due to unvoidable circumstances occasined by the death of my grandfather. It has been quite difficult as I am the only bread winner,however my business has not disappointed me and hope I will reschedule my loan soon.Thank you

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  • Bethany Bialik    Jan 5, 2015

    Hi Daniel, Your sister sounds like an intelligent young lady, and I am happy to hear that she will be continuing her education. It is good of you to see that she does. I have an older brother who has always been very kind to me and helped me in many ways, so when I read your story, I wanted very much for your plans to be a success. Best wishes to you both!

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    • Daniel    Mar 26, 2015

      She dint disappoint.Her performance and handwork is worthy these sacrifice.

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  • Franmiguel    Jan 3, 2015

    Hi David,
    I was on holiday for a couple of days, so didn't get to help out with your new loan.
    Thanks for being a great borrower.
    I hope it helped your business.
    All the best for the future.
    Regards
    Michael

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    • Daniel    Mar 26, 2015

      Mr Franmiguel,thanks so much.Though I am late in responding.Its due to poor network ,these sides.I hope you are enjoying 2015.I am so grateful for the support you have always accorded me and many other entrepreneurs.I am so thankful

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  • Daniel    Jan 3, 2015

    Thank you so much for supporting me once again

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  • Daniel    Jan 2, 2015

    I take this opportunty to thank you lenders for trusting me with your money. once again asante sana

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  • Daniel    Dec 31, 2014

    Thank you so much lenders

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  • Daniel    Dec 27, 2014

    Dear lenders ,my new knapsack sprayer has really added value to my farm. I am so impressed by your support.The demand for my good has increased significantly. Thanks to improved quality

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  • Franmiguel    Dec 27, 2014

    Hi Daniel,
    Happy Holiday Season to you.
    I hope you and your business have a great 2015.
    Regards
    Michael

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    • Daniel    Dec 27, 2014

      Thank you,I am doing fine,The demand has been very high during this festive season. I am a happy man. Looking forward to expanding my venture

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  • Franmiguel    Dec 1, 2014

    Hi Daniel,
    Well done with being ahead of schedule on your repayments.
    Hope that you're happy with your new sprayer.
    Regards
    Michael

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  • Daniel    Nov 25, 2014

    McJulio Thanks so much

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