Lease more land for tomato farming

Geoffrey

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Geoffrey

Member since

April 2016

On-time repayments

183 installments  •  40%

About Me

1.1 Objectives
The objectives for the first years of operation include:

To create a start-up organization from an already existing practice whose primary goal is to exceed customer's expectations.
To increase the number of clients by 20% per year through superior performance and word-of-mouth referrals.
To form a dentistry practice that is able to eventually survive off its own cash flow.
1.2 Mission
The Tooth Fairy's mission is to provide the finest dental care. We exist to attract and maintain customers. When we adhere to this maxim, everything else will fall into place. Our services will exceed the expectations of our customers.

My Business

My business is farming and it involves tomatoes farming in 1 acre of our land, Subukia is known as a place where tomatoe farming is practised by many. From as far as Nairobi, retailers and wholesalers come for this product here. Way back we had a processing plant at a place called Kabazi, that is Kabazi Canners but it closed its doors as many farmers could not cope with their low price and delayed payment. We are currently at second season which runs mostly from November to April. During my first season January to October I planted this crop and it did well I was able to repay the loan. I am also slightly getting into French Beans farming but has not done that full as I intend to study the market first.

Loan Proposal

Dear Zidisha and Lenders, I am requesting for Zidisha loan to Extend my tomatoe farming, I have been concentrating on the sale and sometimes do buy from other farmers and due to my knowledge in the market, I have not been able to fully satisfy the market. With extra land, I will be able to increase my Supply and still concentrate on selling. The cost of hiring new land is USD 200 for 2 acres and then I will do the planting. Due to my vast knowledge in market, I am convinced that this is a profitable venture and am looking forward for even better future.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Apr 25, 2016

Repayment status

On Time

Projected term

49 months

Lenders

PG

Paul Graham

United States

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  • Geoffrey    Jan 20, 2018

    Hallo! I have now picked up

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  • Geoffrey    Dec 29, 2017

    I was abit late to start and has been forced to start in January, so I am forced to adjust and once I pick will move upwards

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  • Geoffrey    Dec 6, 2017

    Thank God finally at the last second the loan has been fully funded, Thank you dear lenders

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  • Geoffrey    Nov 7, 2017

    I say thank you for this third opportunity

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  • Geoffrey    Nov 7, 2017

    I have kept the promise, am through with the loan and hope to get this other one.

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  • Geoffrey    Nov 7, 2017

    I am now doing well and as indicated earlier, I will complete

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  • Geoffrey    Nov 7, 2017

    Dear Zidisha,
    I intend to pay and complete the loan soon, thanks alot

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  • Geoffrey    Jul 3, 2017

    Dear lenders, allow me please to adjust downwards for this month since the business is not doing fine

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  • Geoffrey    Jun 12, 2017

    Thank you

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  • Geoffrey    Dec 19, 2016

    I am doing fine and plan to clear my loan by the end of January if all goes well, thanks alot zidisha

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  • Geoffrey    Oct 10, 2016

    Dear Zidisha, this weeks instalment I will pay within the week and sincerely apologise, I will work hard to meet this agreement

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  • Geoffrey    Jul 25, 2016

    I am not doing good for a while allow me to pay next week

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  • Geoffrey    Jun 21, 2016

    Hallo zidisha
    Currently business doing worse but am sure it will not last for long. Kindly bear with me.

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  • Geoffrey    May 30, 2016

    Something went wrong, but thank God am picking up

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  • Geoffrey    May 11, 2016

    hallo,
    There was a problem and i initially put a very huge amount. am now adjusting accordingly

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