Packaging materials and bicycle to sell my honey

Davis Kwoba Barasa

Mumias, Kenya

100% repaid

Entrepreneur

Name

Davis Kwoba Barasa

Member since

January 2015

On-time repayments

26 installments  •  46%

About Me

My name is Kwoba Davis. I went to Esirisia primary school and later joined Esirisia secondary school where i successfully completed secondary education.since we were many in the family my father believed o-level education was enough for one to survive. Armed with my form four certificate,I went to capital city Nairobi searching for greener pastures. I tarmacked for several days and no job seemed to come my way. I final decided to go back home to my rural area. Life became unbearable and so I decided to try my hand in bee keeping and horticulture farming.
I cut timber and made traditional hives and after three months the investment paid off. I sold my harvest and with a loan from my youth group ,bought my first modern hive. that is how I become a bee farmer.
I have two kids Michael and Hellen. Mike want to be a doctor while Hellen wants to be a nurse. I do my best to keep them in good schools so that they can achieve their dreams.
I like making new friends and blogging during my free time.

My Business

I am bee keep and so my products include honey and wax. I sell my products to the local supermarkets and local markets.
Honey is one of the best natural sugar available in the market. Most people prefer honey as source of sugar because it does not have chemicals . My society also uses it for treating wounds and fever.
I choose this business because it is easy to manage and required less capital to start.There are also little costs in running this business.
In a month i use $20 for buying sugar to feed the bees that is only during dry seasons. My monthly income was$150 but it increase to $270 after receiving my second and third loan.
I use my revenues ,for saving,buying basics for my family and paying school fees for my two kids .

Loan Proposal

I am glad my production has increased by 43 kilos of honey every month.Thanks to for the first loan. My next step is marketing.It will require a good hygienic packaging and a way to reach customers. I am requesting you to advance me a loan to buy packaging material for my honey ,I would buy good quality and attractive containers of different sizes to pack my honey. I will also buy bicycle to ensure I can reach clients faster at no more cost.The future looks brighter,all regards to you for your kindness.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$195.65

Date disbursed

Mar 27, 2015

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Service fee: $7.39

Lenders

Zidisha

Sterling, United States

McJulio

New Jersey, United States

ads68

Melbourne, Australia

jimmycarterforever

Missoula, United States

W

wally

Torino, Italy

mepster

San Francisco, Ca, United States

K

kitkat

United States

RM

Robbie McCullagh

Waverton, Australia

SteveFylde

United Kingdom

Dayton

Vancouver, Canada

DB

Divya Bhat

United States

M

Michal Švec

Czech Republic

MiceEatCheese

Czech Republic

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

Loading...

Summary

Amount repaid

$205.43

Amount remaining

$0.00

Date repaid

May 7, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Apr 5, 2015 $34.23 Apr 4, 2015 $34.23
Apr 12, 2015 $34.23 Apr 5, 2015 $34.23
Apr 19, 2015 $34.23 Apr 12, 2015 $34.23
Apr 26, 2015 $34.23 Apr 12, 2015 $4.23
Apr 20, 2015 $30.00
May 3, 2015 $34.23 Apr 20, 2015 $5.16
May 3, 2015 $29.07
May 10, 2015 $34.27 May 3, 2015 $4.89
May 7, 2015 $29.38

Loading...