Onion farming

George

Nairobi, Kenya

100% repaid

Entrepreneur

Name

George

Member since

April 2017

On-time repayments

112 installments  •  73%

About Me

I grew up in Kenya up country a small village called Winzyeei. I schoolled in village primary school then proceeded to nearby high school. I later on transferred to another high school where I completed in 2009. I later joined United States International University for my bachelors degree in International Business Administration.
When I was growing up, I had a challenge of procrastination which at some point in primary school I lost track and almost dropped out of school. This affected me both academically and on personal planning. I took more than a month trying to analyze the best way to overcome this until I started a personal diary. In my dairy I captured all day activities in advance and I started working on time management and avoiding distraction.

The idea of Onion farming was as a result of visiting a nearby groceries and the purchase cost was way too high with a kilo just about 1 USD. This on average implied that there was high demand than supply. I saw this as an opportunity to start something on the side and which also earn me extra income. I started with an acre as a trial phrase. I had a few challenges on management which i solved by hiring a permanent worker. The final produce was below average to the following factors. There was poor management in terms of labour allocation, post harvesting management, knowledge of the market, and labour related issues.
Where I come from land is held up by family or individually. This means land is not community based.
I want to establish an empire for my children and a generation to come after them. I believe onion Farming and farming in general will grow to great depth and also branch out to other revenue generating opportunities.

I love swimming. This is something I enjoy doing, it relieves stress and fatigue. Swimming also help strengthen my body through exercise and also makes me more active.

My Business

To provide onions which are used by almost all homes in the world. It's a product which has a demand globally. Onion farming are less labour demanding, require few man hour and, where I come from the temperature I favourable for this activity.
Previously my total cost was kes 30,000 and I got a revenue of kes 55,000. If done and managed well the revenue could tripple.
The last profits I used to pay for my school fee since am pursing ACCA certification. I have reinvested some amount on the project as am expanding the farm.
I also support primary school pupil with books and with cash rewards to motivate them on achieving higher grades.

Loan Proposal

I will be paying 3 dollars per Day for 5 days to do land preparations. The other amount will go to member fund

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$142.00

Date disbursed

Apr 8, 2017

Repayment status

On Time

Projected term

8 weeks

Lenders

Paul Buchheit

Mountain View, United States

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

Please log in to comment.

  • George    Dec 15, 2023

    Am just starting my sales. I will be back to my full feet from the next 2 months

    Log in to reply • Share
  • George    Aug 10, 2023

    My current sales are abit low and I won't manage to make full payment.

    Log in to reply • Share
  • George    May 3, 2023

    My project hasn't started generating sales. I hope to start before end of the month.

    Log in to reply • Share
  • George    Feb 2, 2023

    The new project is just picking up and is draining most of the capital

    Log in to reply • Share
  • George    Jan 10, 2023

    Thank you members for funding me. The new fund will go into current crop and the other crop at the nursery stage.

    Log in to reply • Share
  • George    Jan 10, 2023

    So far I have expanded the farm to 1 acre. Currently am selling tomatoes and from this week prices are good.

    Log in to reply • Share
  • George    Jan 10, 2023

    My current nursery which we did last week on Thursday (05/01/2023). It should be sprouting between 11/01/23 and 15/01/23.

    Log in to reply • Share
  • George    Dec 10, 2022

    Am not yet making enough sales. According to the current production sales will be able to pick up from 20th of Dec 2022.

    Log in to reply • Share
  • George    Nov 9, 2022

    I will be selling better from 15/11/2022. I will be able to resume my normal payment schedule from December 2022.

    Log in to reply • Share
  • George    Nov 8, 2022

    My sales are still below my target. They will be picking up before 20/11/22

    Log in to reply • Share
  • George    Sep 30, 2022

    Thank you so much, I will work so hard to repay and support other members so that we can raise together

    Log in to reply • Share
  • George    Sep 17, 2020

    The loan has helped me install drips and already am almost halfway with the yields.

    Log in to reply • Share
  • Patrick    Sep 5, 2020

    He will be able to pay off the remaining loan after he get paid his supplies.

    Log in to reply • Share
  • George    Jun 2, 2020

    Am not in a position to pay any higher amounts at the moment due to the prevailing conditions and loss of employment.

    Log in to reply • Share
  • George    Apr 6, 2020

    Am still under financial distress at the moment.

    Log in to reply • Share
  • Grace    Apr 3, 2020

    George ran into some financial difficulties. He will make his next payment in 2-3 days time. I encouraged him to reduce his limit so that he maintains an on time repayment rate of above 90%

    Log in to reply • Share
  • George    Mar 16, 2020

    Am just stabilizing on my new job and my business is still not doing so well.

    Log in to reply • Share
  • John    Feb 25, 2020

    I have called George and he said that he is go throu business challenges

    Log in to reply • Share
  • George    Jan 27, 2020

    I lost my job and am trying to raise fund from my small business

    Log in to reply • Share
  • Michael    Dec 28, 2019

    I have communicated with the borrower and he has promised to start paying the loan by next week.

    Log in to reply • Share


Loading...

Loading...

Loading...