Loan to lease land

Bwema

Keroka, Kenya

100% repaid

Entrepreneur

Name

Bwema

Member since

June 2015

On-time repayments

204 installments  •  91%

About Me

I grew up in rural Kenya, and i managed to get education. I am university graduate in Bachelor of agriculture and veterinary studies. Since completing my studies i have not yet gotten a government job. So i decided to go into farming, so as to cater for my basic needs. I borrowed money from my sister to buy a green house so as to practice farming.
i decided to do farming so as to get good money to educate my kids .
I like doing voluntary work in my community during my free time.

My Business

I basically rear chicken, and do horticulture. I have 40 chicken some of which are laying eggs, and i also plant tomatoes, onions and cabbages.
I have equally started bee farming, right now i have 7 beehives which i am about to harvest in October.
i chose this kind of business coz it requires little capital to start and i have ready market for my products

Loan Proposal

Since i have started cattle farming and i have bought one more dairy cow, i will like to lease more land to cultivate nappier grass for my dairy cattle.
i will like to lease four acres of land for three years.
where one acre will cost me 35000 kenyan shillings / equivalent of 350 dollars.
I have already saved money for cultivating and all i need is money to lease the land.

Proposal- 350 dollars for an acre for 3 acres totaling to 900 dollars.

Thanks for accepting and supporting my proposal

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$877.00

Date disbursed

Nov 2, 2016

Repayment status

On Time

Projected term

6 months

Lenders

Paul Buchheit

Mountain View, United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$875.91

Amount remaining

$0.00

Date repaid

May 14, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Nov 13, 2016 $30.22 Nov 13, 2016 $30.22
Nov 20, 2016 $30.22 Nov 20, 2016 $30.22
Nov 27, 2016 $30.22 Nov 27, 2016 $30.22
Dec 4, 2016 $30.22 Dec 4, 2016 $30.22
Dec 11, 2016 $2.01 Dec 11, 2016 $2.01
Dec 18, 2016 $2.01 Dec 18, 2016 $2.01
Dec 25, 2016 $2.01 Dec 25, 2016 $2.01
Jan 1, 2017 $50.37 Jan 1, 2017 $50.37
Jan 8, 2017 $50.37 Jan 8, 2017 $50.37
Jan 15, 2017 $20.15 Jan 15, 2017 $20.15
Jan 22, 2017 $20.15 Jan 22, 2017 $20.15
Jan 29, 2017 $50.37 Jan 29, 2017 $50.37
Feb 5, 2017 $50.37 Feb 5, 2017 $50.37
Feb 12, 2017 $50.37 Feb 12, 2017 $50.37
Feb 19, 2017 $50.37 Feb 19, 2017 $50.37
Feb 26, 2017 $10.07 Feb 26, 2017 $10.07
Mar 5, 2017 $50.37 Mar 5, 2017 $50.37
Mar 12, 2017 $25.18 Mar 12, 2017 $25.18
Mar 19, 2017 $25.18 Mar 19, 2017 $25.18
Mar 26, 2017 $50.37 Mar 26, 2017 $50.37
Apr 2, 2017 $15.11 Apr 2, 2017 $15.11
Apr 9, 2017 $4.03 Apr 9, 2017 $4.03
Apr 16, 2017 $4.03 Apr 16, 2017 $4.03
Apr 23, 2017 $4.03 Apr 23, 2017 $4.03
Apr 30, 2017 $4.03 Apr 30, 2017 $4.03
May 7, 2017 $4.03 May 7, 2017 $4.03
May 14, 2017 $210.08 May 14, 2017 $210.08

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