Potato farming

Thomas

Ruaka Ridge Apartments, Kiambu County, Kenya

100% repaid

Entrepreneur

Name

Thomas

Member since

May 2018

On-time repayments

125 installments  •  64%

About Me

My name is Thomas Githinji Mugo. I hail from Gichugu Constituency, Kirinyaga County. My childhood was a mix of urban and rural life, the latter commencing at 6 years of age when my family relocated from Nairobi to Kiangechu Village, Njuku Sublocation on the slopes of Mt. Kenya. Life at the rural setting started off rough in comparison with city life that I was born into. That meant transitioning from a home with electricity and a colour TV to one with a Lantern Lamp with no access to TV at all! It also meant waking up to attend to farm chores, for example, feeding the cows and chicken before proceeding to either weed the maize plot or harvest tea or coffee. In retrospect, this seemingly gloomy transition also nurtured a passion for farming into me. Today I practice agribusiness out of the acquired passion for farming!

My Business

I am an employee of a State Corporation in the oil and gas subsector. Besides, I practice agribusiness, majorly potato and horticultural farming. I also have a keen interest in forex trading which earns me residual income from my initial investment.

I purchased two 50 by 100 plots at Ngecha, Kiambu County, where I plant horticultural crops. Moreover,. I have leased a one acre plot at Njabini, South Kinangop, Nyandarua County where I plant potato due to the favourable weather conditions for the crop as well as access to quality accredited potato seed.

The yields from horticultural crop are harvested monthly while the yields from the potato farm are harvested on a quarterly basis. Income from the forex returns is accessible on a monthly basis.

Loan Proposal

I intend to use the loan funds to facilitate tilling of my second 50*100 plot as well as purchase Horse Beans (Kunde in Swahili) to plant on the plot.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$26.00

Date disbursed

Dec 13, 2018

Repayment status

On Time

Projected term

5 weeks

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$26.77

Amount remaining

$0.00

Date repaid

Dec 20, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Dec 21, 2018 $5.36 Dec 20, 2018 $5.36
Dec 28, 2018 $5.36 Dec 20, 2018 $5.36
Jan 4, 2019 $5.36 Dec 20, 2018 $5.36
Jan 11, 2019 $5.36 Dec 20, 2018 $5.36
Jan 18, 2019 $5.33 Dec 20, 2018 $5.33

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