Seedlings, pesticides, and labor for onion farm

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 put the money on three broad categories
1) Labour - This will be purely on the Casual workers working on the farm. This will cost about 210 dollars in total for 3 months
2) Seedling & Pesticides -I will need to purchase the seedlings and the pesticide which the total cost for an Acre is slightly above 130 dollars
3) Irrigation- This will be on the gasoline used to pump water to the farm.
The Loan won't be enough but i will mix it with my personal saving thus enabling me to achieve my first planting phase. I estimate to expand this after my first harvest. the cost per litre is 1 dollar.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$212.00

Date disbursed

Jun 16, 2017

Repayment status

On Time

Projected term

5 months

Lenders

C

Christian

Saarbruecken, Germany

BelleStarr

Albuquerque, United States

cyrus0302

San Francisco, United States

AltruisticSelfishnes

Chicago, United States

DeanDropshot

Oslo, Norway

ErikN

Stockholm, Sweden

AndreaBravi

London, UK, Canada

A

AJCortens

Boise, ID, United States

K

kingmark1

Calgary, Canada

Tavin

Ottawa, Canada

G

grahamfamily

Guildford, United Kingdom

E

ebronken

Oslo, Norway

D

davide

Vallentuna, Sweden

pentatonicscale

Niiza-shi, Japan

V

Va_Ce_Jo

Egham, United Kingdom

L

leniwiec

Poznan, Poland

ads68

Melbourne, Australia

rfriedenberg

New Jersey, United States

M

moneypatch

Heber City, United States

P

PHU99

Zwingenberg, Germany

Maxey

Amstelveen, Netherlands

nakamura

United States

mikeoberhaus

San Francisco, United States

JonB

London, United Kingdom

B

BMcDermott

Washington, DC, United States

B

Branjsmith

Philadelphia, United States

Evan Lamos

Brussels, Belgium

sderickson

Berkeley, CA, United States

Paul Buchheit

Mountain View, United States

D

DandS

United States

Agerfar

Aarhus, Denmark

mepster

San Francisco, Ca, United States

B

bscent

Hong Kong

W

wesbh89

United States

T

Tim47

United States

R

Rosemary*

United States

S

Stephan

Netherlands

Matthias

Frankfurt Am Main, Germany

T

TZ

Singapore, Singapore

Joerg

Velen, Germany

Dave Bogard

New York, United States

MD

Miles Dodge

CORVALLIS, United States

W

Wade

United States

C

Chitti421

United States

Lou Kaucic

Sanbornton, NH, United States

George

Corvallis, Oregon, United States

IH

Ian Hearn

United States

H

Harry

Florida, United States

Martin Nielsen

Aarhus, Denmark

M

Mart

United Kingdom

PG

Paul Graham

United States

N

Nick

Greater London, United Kingdom

MS

Mark S Yourek

United States

Tobias

Frankfurt, Germany

AK

Achim Königs

Bonn, Germany

Eugen Stamm

Zurich, Switzerland

Y

YTSJ

London, United Kingdom

S

stevensau

United States

K

Katka

St Albans, United Kingdom

FJ

Flo Jo

United States

Iris

Ireland

DK

Danny Kelly

United States

JC

juli camrud

United States

B

Brett

Australia

Sinan Taifour

Munich, Germany, Germany

L

Lucy

Australia

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Benjamin Kniaz

Boston, United States

SH

Stephanie He

United States

Humble Bundle Community

San Francisco, United States

V

VJ

Canberra, Australia

D

Dalton

San Francisco, United States

HCPSPIRIT

Helsinki, Finland

Melissa K

Portland, Oregon, United States

GS

Gary Sinard

Franklin, TN, United States

ED

Eunan Doherty

donegal ireland, Ireland

M

Marco

United Kingdom

R

RMIM

United States

A

Anabell

Elizabeth, United States

WC

Walter Clarke

Phoenix, United States

Paul Buchheit

Mountain View, United States

J

James

Los Angeles, United States

Tyler Metcalf

Utah, United States

afaness

Germany

DM

Darin MacRae

United States

John Barnett

United States

CN

Craig Newmark

United States

AB

Ashira Blazer

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

R

Rachel

United States

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Summary

Amount repaid

$211.77

Amount remaining

$0.00

Date repaid

Sep 8, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jun 23, 2017 $9.88 Jun 22, 2017 $9.88
Jun 30, 2017 $9.88 Jun 29, 2017 $9.88
Jul 7, 2017 $9.88 Jul 12, 2017 $9.88
Jul 14, 2017 $9.88 Jul 12, 2017 $9.88
Jul 21, 2017 $9.88 Jul 22, 2017 $9.88
Jul 28, 2017 $9.88 Jul 26, 2017 $9.88
Aug 4, 2017 $9.88 Aug 2, 2017 $9.88
Aug 11, 2017 $9.88 Aug 2, 2017 $9.88
Aug 18, 2017 $9.88 Aug 13, 2017 $9.88
Aug 25, 2017 $9.88 Aug 24, 2017 $9.88
Sep 1, 2017 $9.88 Aug 31, 2017 $9.88
Sep 8, 2017 $9.88 Sep 6, 2017 $9.88
Sep 15, 2017 $9.88 Sep 6, 2017 $9.88
Sep 22, 2017 $9.88 Sep 6, 2017 $9.88
Sep 29, 2017 $9.88 Sep 6, 2017 $9.88
Oct 6, 2017 $9.88 Sep 8, 2017 $9.88
Oct 13, 2017 $9.88 Sep 8, 2017 $9.88
Oct 20, 2017 $9.88 Sep 8, 2017 $9.88
Oct 27, 2017 $9.88 Sep 8, 2017 $9.88
Nov 3, 2017 $9.88 Sep 8, 2017 $9.88
Nov 10, 2017 $9.88 Sep 8, 2017 $9.88
Nov 17, 2017 $4.33 Sep 8, 2017 $4.33

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