Potato farming

Monica

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Monica

Member since

February 2014

On-time repayments

221 installments  •  54%

About Me

I live in Nairobi . I got interested in business because it will make me be independent and even create employment for others. For the past three years i ventured in agribusiness and it has really made me grow because I managed to purchase a small piece of land, thanks to my kind lenders. I now wish to venture into a new project of dairy farming and continue creating employment for the locals as i also grow and help educate my school going kids.

My Business

I Previously had an agribusiness project whereby I planted potatoes and vegetables such as cabbages, sukuma wiki, spinach as well as tomatoes. This agribusiness enabled me to purchase a small pieceof land at the village . I would like to construct a cowshed and now diversify into dairy farming. Dairy farming is a lucrative venture in our village and it is also dependable since it runs throughout the year. It also has ready market. The approximate cost of the cowshed is KES 70,000 .With your kind support, I will complete building a cowshed and when i finish paying of the loan, I will request another loan to purchase two or three cows to add on to the ones I have . Thank you so much as you purpose to lend.
Thank you.

Loan Proposal

I was glad to be funded my first loan. I used it to hire two acres for potato farming.
I would like to get 38,217 to enable me but the potato seedlings, fertilizer . which will be approximately this cost.

Once i repay the loan; i will request for another loan to enable me hire people to clear, dig the farm in readiness for actual planting.

I will thereafter plant the crop and pay up labour.

Feedback

2

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$449.00

Date disbursed

Apr 26, 2014

Repayment status

On Time

Projected term

3 months

Lenders

Susanne

Freising, Germany

H

howard

Vence, France

Sarasota

Sarasota, Fl, United States

T

Texikan

Fort Worth, United States

J

Jmatasovsky

United States

I

irievibes

United States

larry

Sweden

J

Joe90

Australia

T

Tristahaiku

United States

E

ewaters1

Australia

L

liquidwalkway

United States

T

Tzenmoroth

United States

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

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  • Monica    Aug 18, 2023

    Dear Lenders,
    Thank you so much for lending me the funds.
    I will buy a laptop that will help me with my digital marketing business.
    By marketing my dairy farm bisiness, i will be able to reach more customers and make more profits.
    Additionally, i will help other business owners market their products at a fee.

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  • Monica    Aug 17, 2023

    Dear Lenders ,
    I am Glad i was able to get more profits from my last project .
    I really appreciate your help

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  • Monica    Jul 6, 2023

    Dear Lenders ,
    I am planning to purchase a milking machine .
    It will help me in cutting labour costs , improve hygiene during milking and as well prevent remnant milk that causes diseases to the cows .
    By cutting labour costs , I will increase my profits .
    Thank you so much for making the project possible .

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  • Monica    Jul 6, 2023

    Dear lenders ,
    I appreciate your support during my last project .
    I was able to increase the milk production yield and my profit went up .

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  • Monica    Jun 7, 2023

    Dear lenders ,
    Thank you so much for your generoustity .
    I will purchase one dairy cow that will increase my milk yield and hence yield more profits

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  • Monica    Jun 7, 2023

    I was elated by your support in my last project . I successfully increased my milk yield

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  • Monica    May 3, 2023

    Thank you lenders,
    I will purchase feeds for my dairy cows . The feeds include Nappier Grass, Hay and salt lick.
    The feeds will help my dairy cows increase milk production .
    This will increase the profits

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  • Monica    May 3, 2023

    Dear Lenders ,
    I managed to purchase nappier grass to feed my dairy cows and the yield was more . I have been able to pay the loan on time because of the extra yield.
    Thank you so much.

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  • Monica    Apr 14, 2023

    Dear lenders ,
    I appreciate your generous contribution . I will use the funds to buy Napier grass and Hay to feed my dairy cows . The feeds will increase the milk production and hence increase the profits for me and my family .
    Thank you for your generous support .

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  • Monica    Nov 21, 2018

    Dear Lenders,
    Taking this opportunity to thank you for your kind support for my previous loan. I used the proceeds to purchase a small piece of land at the village which i now want to utilize with dairy farming. I am requesting for a loan to facilitate in building a cow shed . Thank you so much as you purpose to help.

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  • Monica    Feb 3, 2016

    Am unable to raise the amount every week. I recently paid KSH 20,000 in lumpsum and cleared some of the arrears. I will look for another lumpsum amount in four weeks time. Thanks for patience!
    Regards, Monica Kimani.

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  • andyfletcher    Jan 26, 2016

    Hello Monica,
    How is the farm doing?

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    • Monica    Feb 3, 2016

      Hello Andyfletcher,
      I harvested my crop and i recently made some profit and paid up mt arrears. I have distributed the balance harvest and am just collecting the monies then i clear my loan. Thank you for asking.

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    • Monica    Feb 3, 2016

      Hello Andyfletcher,
      I harvested my crop and i recently made some profit and paid up mt arrears. I have distributed the balance harvest and am just collecting the monies then i clear my loan. Thank you for asking.

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  • Monica    Nov 30, 2015

    I would like to increase my loan repayment amount from Ksh 1,000 to Ksh 5,000.
    This is because i already harvested the first batch and would like to finish up so that i can borrow again. Thanks.

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  • Monica    Mar 23, 2015

    I just got my loan recently and i really need the money . I have realised paying an installment of KSH 3,500 is a bit on the higher side considering the project has just started. I will be using all the money that i so need to repay the loan . This will be temporary for now as the project progresses , i will adjust my installment upwards . Thanking my lenders for understanding.

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  • Monica    Mar 4, 2015

    Dear Lenders ,
    My loan was fully funded and already disbursed . Am now ready to embark on my project . Many thanks for your generous bids . I will keep you posted on the project.
    Kind regards , Monica

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  • Zippo    Mar 3, 2015

    Hi Monica,
    I wish you all the best for the upcoming project.

    Kind regards from Berlin, Germany to Nairobi
    Thomas

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    • Monica    Mar 3, 2015

      Thank you so much , Thomas . I appreciate your generous help . Promise to put it to good use . Once again . Thanks , all the way from Nairobi to Germany...

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  • Monica    Mar 3, 2015

    Dear Lenders ,
    Am so thankful for your generous bids so far at 69%. Am really humbled . Looking forward to getting help on the balance . Thank you in advance.

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  • Monica    Mar 2, 2015

    Dear Lenders ,
    A big thank you to those who have lend me money up to 6% , am so greatful . I wish to appeal to lenders to continue contributing towards my project to the full . I have got only 6 days left . Kindly assist me . Thank you

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  • Monica    Feb 28, 2015

    Dear Lenders, this is a polite request that you lend towards my project. I really need your help. Thank you.

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  • Monica    Feb 26, 2015

    Dear Lenders ,
    I have applied for a loan to start off my next project but i have not received any bids as at now . I kindly request and appeal to you to support me by lending towards my project . I really need your help in all ways. Your generous bids will go along way in creating a success story . Thank you in advance.

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