Loan to buy seeds for french beans produce for export

Chris Mwangi

Naivasha, Kenya

100% repaid

Entrepreneur

Name

Chris Mwangi

Member since

February 2015

On-time repayments

137 installments  •  55%

About Me

Hello Everyone,I am Chris Kingori, a Gospel Minister and an entrepreneur from Kenya. I'm from a very humble background in a village deep in Kiambu County. My Parents were blessed to have 3 children, my sisters and I.
Our mother was a primary school teacher where she accidentally fell into a water pond in school, drowned & passed on in 1992. I was in High school back then. My father was a farmer and I can say we survived by grace. He passed on some 20 years later in 2012. My secondary learning was a big challenge to us as my mother's salary would be used to pay for me and she was no more, luckily her benefits were paid and my whole school fees was paid. In 1995 I cleared school and in 1996 I joined some friends who gave me some temporal employment to later become permanent. While working here I enrolled myself in 3 colleges and did a driving course, & worked with them faithfully for 8 years. To date when they get much work they call me to assist.
Later on I moved from Nairobi to the central rift region of kenya where I wanted to open a flowershop but things were really hard in terms of rent and new town challenges. It's then I got employed as a security guard in 2006 september. I once again worked in dedication and my boss promoted me to be the regional manager of the company I was guarding.
The 2007 post election violence affected us and had to move towns. I love farming & leased land for farming cabbages, chilli ,Kales , spinach, french beans as well as source carrots and any other fresh produce my buyers would like. Most of my clients were sellers. I had 3 cows for a dairy farming project which with God's help I will still do in the near future.
I am currently running a funeral Services shop in the Capital City. I realized how hard it is to get a reliable funeral Service provider who can give quality and so I decided to be one. This is what I'm currently doing, God willing I will expand to other towns.

My Business

As I mentioned earlier, I have since left to the capital city and I'm running a funeral Services shop offering quality coffins and caskets, wreaths, hearse services, portraits and Eulogies. The business is picking up that means with sales from the store I could be able to pay my loan on a weekly basis.
I have the will to bring quality reliable send off services and packages Countrywide by Opening more branches. The kind of service many would not want to relate with but it's worth getting someone peace of mind and heart in their darkest hour of need.
My Coffins and caskets are made from locally available materials such as boards and timber. We also do spray for a clean smart finish.
I have a few clients who buy I'm wholesale and I'm working on marketing my work the more both online and offline. I am seeking some funding to help me expand to a new shop as well as increase my stock. Thank you lenders for accepting to assist me, I promise to keep my repayment schedule clean and constant.

Loan Proposal

Greetings Lenders,
I'm grateful for your continued support and trust . I'm happy to report that my immediate former loan has enabled me acquire a contract with an exporter for French beans, some of which might find its way on your plate.
The client got us in the farm planting fodder for the dairy farming project which you funded in the Value Added Dairy farming loan and a few acres of beans and he requested me to be one of his french beans suppliers, to which I agreed since in the past I supplied him cabbages and he paid faithfully.
My current production of the french beans is not enough and has made me outsource from farmers around.I believe with funding i will buy more seeds for USD 55 , and Pesticides for USD 58. With these, my own production will increase by three and a half to four tonnes per harvest, which means more profit and less expenses .Harvesting is done twice a week , on Monday and Friday, which then translates to about 8 tonnes of beans harvest per week.From the loan i will have created employment for several people right from the farm to the exporting company, and this way, you and i will have empowered a generation.I pray I get a lender fast so that I can be able to supply the market in time.
The climate here in Naivasha is crop friendly and i am sure the beans will mature fast, enabling me to pay in time and hopefully faster and apply for more loans.
With the profit i get, i hope to buy an extra water pump and sponsor 2 needy children to school.I will also re-invest in replanting for increased production .Should the remainder be enough I want to register a Foundation to help educate needy children in my community as per the dreams of my late Mother. Thank you so much for considering my request and may God bless you.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$158.74

Date disbursed

Oct 1, 2017

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $6.99

Lenders

Jan de Wit

Utrecht, Netherlands

R

Rembrandt

United Kingdom

PG

Paul Graham

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

AE

Asher Enciso

United States

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

Loading...

Loading...

Loading...