Rice farming

Gabriel

Nairobi, Kenya

61% repaid

Entrepreneur

Name

Gabriel

Member since

January 2015

On-time repayments

329 installments  •  83%

About Me

My name is Gabriel Kariuki,i am a marketer by profession,I hold a masters degree in business administration (operations management option (UON) a bachelor degree in business management- marketing option (MKU) I describe myself as a honest,aggressive & an ambitious person,generally am an achiever.
I come from Kirinyaga county in central KENYA,My constituency Mwea is known for rice production,85% supply of rice in east Africa comes from this region.
Currently in solar lighting business as an LME(last mile entrepreneur).
I have noted that many Kenyans in the village interiors live below the poverty line and can hardly afford to pay for electricity connections in their home.
I note that most of the village dwellers lack information and end up spending a lot on paraffin for lighting which despite having high cost on them its also have health implications.
My main motivation to solar business was triggered by my relentless efforts in advocating for use of green products and the need to embrace the green concept in the community.
I note that solar lamp lighting has no negative implications on the environment in its generation,manufacturing and use and also solar lamps are health conscious to the users unlike normal lanterns which emit a sharp smoke which hurts children eyes when they study and also cause serious chest complications if inhaled for a prolonged period.
Solar lighting provides a long term benefit in a cost effective way.

Recently i introduced energy saving cook stoves to my product line.
I have noted that 90% of Rural homes rely on open fire for their cooking,where research has proved that every home spends between $1.5-2 dollars on firewood daily on their cooking, i noted increase in expenditure/costs on firewood which seems very unfavorable to the rural homes most of whom who leave below poverty line and can hardly bare any further increase on firewood costs.As a way of giving back to the society & caring for the enviroment i decided to introduce the philips energy saving jiko which can reduce the daily spending on firewood for rural homes to costs of between $0.2 to 0.5 dollars daily thus about 80% reduction in costs on firewood.Generally philips jiko uses Biomass i.e dried cow dung,rice husks,wood pellets(complessed sawdust) to burn hence does not rely wholly on firewood.
I note that through the philips Jiko the traditional norm of deforestation by charcoal burners will be reduced by 80% hence benefiting/saving the enviroment.
Also unlike the open fires which pose serious health and safety hazards implications to the Rural homes users ,i note that the Philips energy saving Jiko has an inbuilt fan that blows in air in the jiko thus ensuring complete combustion and eliminating 96% of smoke,this makes the jiko user friendly,safe and healthy to use because unlike the open fire where the user is exposed to smoke which is not healthy and also hazard of open fire has been past associated with burning of houses.With Philips energy saving Jiko all these hazards have been controlled.hence I find the jikos not only effective but also efficient to use interms of cost saving,health, safety but also in saving our enviroment from illegal tree cutting by charcoal burners.

My main selling points is based on emphasis on the benefits thus a cost effective,quality,safety,health and enviromentally friendly products with long term benefits.













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My Business

My business activity revolves around buying solar lamps from major distributors in town and selling these solar lamps to the customers in the village interiors.My main target groups include investment groups in the village,women merry go round groups etc.Upon confirming when these groups are meeting i usually request for time allocation.Where i do my presentations, this involve introducing the products and training them on the benefits of using solar products.
In a week am able to sell 4-7 pieces with each piece making a profit of ksh 500.
With now energy cook stoves in my product line my profit margins have grown to $3500 dollars in a month.
My business is now fully incorporated into a private limited company, This has given me an upper hand in business since i am currently able to apply and target bulk orders from corporate s and government organizations

Loan Proposal

I intend to use the loan to facilitate my rice farming business in mwea irrigation scheme.The Demand for pure Pishori rice tend to be high in Kenya with an estimated national demand of 950000 metric tonnes annually against the actual production of 180000 metric tonnes annually.
I have identified the scarcity in rice supply as a gap & an tapped business opportunity as the country continues to work towards achieving food security as part of the government big four agenda.
Currently an acre of rice produces at least 2.5 tonnes with an estimated market value $ 1625 (dollars) hence making a profit of at least $725 dollars per acre. I intend to facility my loan repayments from my current existing solar lighting businesses and also from the profits earned from the project

Income Source

I consider paddy rice non-perishable with a storage shelve life of over 2 years,i plan to speculate the market after harvest to enable me sell the rice at the best price possible of between sh 65-70 per kg. In the meantime I plan to facilitate loan repayments through my other existing solar lighting business.

Feedback

9

None

None

  • melissapmeier    Jan 22, 2018

    Best wishes to you for continued success; I would be happy to lend to you again!

    Log in to reply • Share
    • Gabriel    Feb 11, 2018

      Thank you for your continued support. May God bless you

      Log in to reply • Share
  • JimVandegriff    Oct 23, 2017

    Good, regular repayments of this loan. I would lend again if asked.

    Log in to reply • Share
  • BernadetteV    Oct 23, 2017

    Gabriel repaid the loan just had he had promised. Regular repayments.
    Thanks

    Log in to reply • Share
  • Dean Suminski    Jun 3, 2017

    Congratulations on paying off your loan! Enjoy the sunshine which helps produce the electricity.

    Log in to reply • Share
  • BernadetteV    Jun 2, 2017

    It was a pleasure to lend to Gabriel. He made regular repayments

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,113.00

Date disbursed

Sep 13, 2020

Repayment status

Late

Projected term

16 months

Lenders

B

Bpryse

Long beach, United States

W

winfried

Seoul, Republic of Korea

S

stroll

Stockholm, Sweden

sarasofia

Stockholm, Sweden

helogr53

Abbotsford, Canada

P

pmyadlowsky

Charlottesville, United States

R

rmacaw

Australia

JimVandegriff

Trinidad, California, United States

H

hilde

seattle, United States

C

cyrilleberger

Gammalkil, Sweden

juliemartha

Lake Mary, United States

ads68

Melbourne, Australia

ShaneS

Port Pirie, Australia

G

Goldrivermob

Gold River, Canada

Jason

Auckland, New Zealand

Sodermansb

Raleigh, NC, United States

Scotts5320

New York, United States

T

tophini

Alma, United States

R

roger

United Kingdom

T

TZ

Singapore, Singapore

SteveFylde

United Kingdom

Wouter Schoonveld

Amsterdam, Netherlands

Fox Family

Costa Rica

JA

Jared Anthony

CT, United States

JT

John Tabacchi

United States

MR

Michiel Rauws

San Francisco, Netherlands

N

Nora

Germany

Donna Manton

Australia, Australia

G

GS2

Germany

wissam

Jeddah, Saudi Arabia

jo

Los Angeles, United States

CR

Christine Randall

Brisbane, Australia

Carlo Cruz

Cincinnati, OH, United States

kt

Brush Prairie, United States

Mr Chris Turner

Cambridge forever England, United Kingdom

BS

Brandon S

United States

MS

Mike Sutherland

United Kingdom

H

Heather

United States

K

Kenny

United States

C

Carlene

United States

AL

Aaron Larkin

Minneapolis, Minnesota, United States

Majella

Dublin, Ireland, Canada

JA

Jason and Sandra

Toronto, Canada

Romesh Fernndo

Perth Australia, Australia

IC

Ian Coutts

Chicago, USA, United States

Vratik Krocik

Prague, Czech Republic

B

BSM

France

Shane Bugeja

Mankato, Minnesota, United States

D

Dalton

San Francisco, United States

Hans Moor

Vorden, Netherlands

Sebastian

Australia

Emily

San Francisco, United States

DW

Dan Winetsky

United States

JH

Joseph Hwang

Houston, United States

TL

Tao Luo

United States

DM

Darin MacRae

United States

KJ

Karin Joy

Philadelphia, PA, USA, United States

SW

Sean Walsh

United States

GP

Giacomo Poderi

Copenhagen, Denmark

Stefan Koshold

Mülheim, Germany

J

Netherlands

Dieter Meeuwis

Deurne (Antwerpen), Belgium

mabo

Germany

R

Roman

Slovakia

SM

Scott Miller

United States

Jeanette

Fort Worth, Texas, United States

World Centric

Sonoma County, California, United States

AL

Andreu Laguarda

Benaguasil, Spain

Sayuri

United Kingdom

David Hopkins

United States

CL

Caleb Liu

United States

D

Dan

Australia

M

Melissa

United States

R

Ru

New York, United States

E

emily

Australia

E

Eve

Switzerland

S

Stephen

United States

DK

Daniel Kalla

Saint Paul, United States

EG

Erik G

Switzerland

S

Simon

Germany

SK

Susie Kyoo

United States

TA

Tiwa A

United States

A

Andy

United States

J

Judith

Texas, United States

A

Anonymous

United States

A

Anonymous

United States

A

Anonymous

United States

Ask Gabriel 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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Summary

Amount repaid

$636.06

Amount remaining

$400.92

Expected completion

Jan 23, 2022

Status

Repaying late

Installment amount

$10.35

Repayment History

Expected Payments Actual Payments
Sep 20, 2020 $18.36 Sep 19, 2020 $18.36
Sep 27, 2020 $0.93 Sep 27, 2020 $0.93
Oct 4, 2020 $0.93 Sep 27, 2020 $0.93
Oct 11, 2020 $0.93 Sep 27, 2020 $0.93
Oct 18, 2020 $0.93 Sep 27, 2020 $0.93
Oct 25, 2020 $4.60 Oct 24, 2020 $4.60
Nov 1, 2020 $4.60 Oct 24, 2020 $4.60
Nov 8, 2020 $4.60 Oct 24, 2020 $4.60
Nov 15, 2020 $4.60 Oct 24, 2020 $4.60
Nov 22, 2020 $4.60 Nov 22, 2020 $4.60
Nov 29, 2020 $4.60 Nov 22, 2020 $4.60
Dec 6, 2020 $4.60 Nov 22, 2020 $4.60
Dec 13, 2020 $4.60 Nov 22, 2020 $4.60
Dec 20, 2020 $4.60 Dec 19, 2020 $4.60
Dec 27, 2020 $4.60 Dec 19, 2020 $4.60
Jan 3, 2021 $4.60 Dec 19, 2020 $4.60
Jan 10, 2021 $4.60 Dec 19, 2020 $4.60
Jan 17, 2021 $10.35 Jan 17, 2021 $10.35
Jan 24, 2021 $10.35 Jan 17, 2021 $10.35
Jan 31, 2021 $10.35 Feb 3, 2021 $4.59
Feb 7, 2021 $5.76
Feb 7, 2021 $0.00
Feb 14, 2021 $10.35 Feb 19, 2021 $5.17
Mar 1, 2021 $5.17
Feb 21, 2021 $5.17 Mar 12, 2021 $5.17
Feb 28, 2021 $0.00
Mar 7, 2021 $0.00
Mar 14, 2021 $0.00
Mar 21, 2021 $7.01 Mar 22, 2021 $5.17
Apr 9, 2021 $0.92
Apr 9, 2021 $0.92
Mar 28, 2021 $0.00
Apr 4, 2021 $3.67 Apr 12, 2021 $0.92
Apr 12, 2021 $0.92
Apr 18, 2021 $0.92
Apr 18, 2021 $0.92
Apr 11, 2021 $10.35 Apr 25, 2021 $0.92
Apr 27, 2021 $0.92
May 10, 2021 $0.92
May 10, 2021 $0.92
May 17, 2021 $0.92
May 17, 2021 $0.92
Jun 4, 2021 $0.92
Jun 4, 2021 $0.92
Jun 16, 2021 $0.92
Jun 16, 2021 $0.92
Jun 16, 2021 $0.92
Jun 16, 2021 $0.26
Apr 18, 2021 $10.35 Jun 16, 2021 $0.66
Jun 16, 2021 $0.92
Jun 26, 2021 $0.92
Jun 26, 2021 $0.92
Jun 26, 2021 $0.92
Jul 4, 2021 $0.92
Jul 4, 2021 $0.92
Jul 4, 2021 $0.92
Jul 4, 2021 $0.92
Jul 11, 2021 $0.92
Jul 11, 2021 $0.92
Jul 11, 2021 $0.51
Apr 25, 2021 $10.35 Jul 11, 2021 $0.40
Jul 11, 2021 $0.92
Jul 18, 2021 $0.92
Jul 18, 2021 $0.92
Jul 18, 2021 $0.92
Jul 18, 2021 $0.92
Jul 25, 2021 $0.92
Jul 25, 2021 $0.92
Jul 25, 2021 $0.92
Jul 25, 2021 $0.46
Aug 1, 2021 $0.92
Aug 1, 2021 $0.92
Aug 1, 2021 $0.31
May 2, 2021 $10.35 Aug 1, 2021 $0.61
Aug 1, 2021 $0.46
Aug 23, 2021 $0.92
Aug 23, 2021 $0.92
Aug 29, 2021 $0.92
Aug 29, 2021 $0.92
Sep 6, 2021 $0.92
Sep 6, 2021 $0.92
Sep 6, 2021 $0.92
Sep 10, 2021 $2.86
May 9, 2021 $10.35 Sep 10, 2021 $10.35
May 16, 2021 $62.39 Sep 10, 2021 $62.39
May 23, 2021 $62.39 Sep 10, 2021 $62.02
Sep 19, 2021 $0.37
May 30, 2021 $10.35 Sep 19, 2021 $4.22
Sep 25, 2021 $6.13
Jun 6, 2021 $62.39 Sep 25, 2021 $62.39
Jun 13, 2021 $10.35 Sep 25, 2021 $10.35
Jun 20, 2021 $10.35 Sep 25, 2021 $8.29
Oct 4, 2021 $2.06
Jun 27, 2021 $10.35 Oct 4, 2021 $2.53
Oct 10, 2021 $0.92
Oct 10, 2021 $0.92
Oct 10, 2021 $0.92
Nov 19, 2021 $4.59
Nov 29, 2021 $0.48
Jul 4, 2021 $10.35 Nov 29, 2021 $4.11
Dec 26, 2021 $0.92
Dec 26, 2021 $0.92
Dec 26, 2021 $0.92
Dec 26, 2021 $0.92
Jan 6, 2022 $0.92
Jan 6, 2022 $0.92
Jan 6, 2022 $0.73
Jul 11, 2021 $10.35 Jan 6, 2022 $0.18
Jan 6, 2022 $0.92
Jan 30, 2022 $0.92
Jan 30, 2022 $0.92
Jan 30, 2022 $0.92
Jan 30, 2022 $0.21
Feb 10, 2022 $0.92
Feb 10, 2022 $0.92
Feb 10, 2022 $0.92
Feb 10, 2022 $0.28
Feb 16, 2022 $0.92
Feb 16, 2022 $0.92
Feb 16, 2022 $0.92
Feb 28, 2022 $0.50
Jul 18, 2021 $10.35 Feb 28, 2022 $0.41
Feb 28, 2022 $0.92
Feb 28, 2022 $0.92
Mar 5, 2022 $0.92
Mar 5, 2022 $0.92
Mar 5, 2022 $0.92
Mar 12, 2022 $0.92
Mar 12, 2022 $0.92
Mar 12, 2022 $0.92
Mar 21, 2022 $0.92
Mar 21, 2022 $0.92
Mar 21, 2022 $0.76
Jul 25, 2021 $10.35 Mar 21, 2022 $0.16
Mar 29, 2022 $0.92
Mar 29, 2022 $0.92
Mar 29, 2022 $0.92
Apr 3, 2022 $0.92
Apr 3, 2022 $0.92
Apr 3, 2022 $0.92
Apr 11, 2022 $0.92
Apr 11, 2022 $0.92
Apr 11, 2022 $0.92
May 1, 2022 $0.92
May 1, 2022 $0.92
May 1, 2022 $0.10
Aug 1, 2021 $10.35 May 1, 2022 $0.82
May 8, 2022 $0.92
May 8, 2022 $0.92
May 8, 2022 $0.92
May 15, 2022 $0.92
May 15, 2022 $0.92
May 15, 2022 $0.92
May 22, 2022 $0.92
May 30, 2022 $0.92
May 30, 2022 $0.92
May 30, 2022 $0.92
Jun 5, 2022 $0.36
Aug 8, 2021 $10.35 Jun 5, 2022 $0.56
Jun 5, 2022 $0.92
Jun 5, 2022 $0.92
Jun 12, 2022 $0.28
Jun 12, 2022 $0.92
Jun 12, 2022 $0.92
Jun 19, 2022 $0.92
Jun 19, 2022 $0.92
Jun 26, 2022 $0.92
Jun 26, 2022 $0.92
Jun 26, 2022 $0.92
Jul 3, 2022 $0.92
Jul 3, 2022 $0.34
Aug 15, 2021 $62.39 Jul 3, 2022 $0.58
Jul 3, 2022 $0.92
Jul 10, 2022 $0.92
Jul 10, 2022 $0.92
Jul 10, 2022 $0.92
Jul 17, 2022 $0.92
Jul 17, 2022 $0.92
Jul 17, 2022 $0.92
Jul 24, 2022 $0.92
Jul 24, 2022 $0.92
Jul 24, 2022 $0.92
Jul 31, 2022 $0.92
Jul 31, 2022 $0.92
Jul 31, 2022 $0.92
Aug 7, 2022 $0.92
Aug 7, 2022 $0.92
Aug 7, 2022 $0.92
Aug 14, 2022 $0.92
Aug 14, 2022 $0.92
Aug 14, 2022 $0.92
Aug 14, 2022 $0.55
Aug 19, 2022 $0.28
Aug 21, 2022 $0.92
Aug 21, 2022 $0.92
Aug 21, 2022 $0.92
Aug 28, 2022 $0.92
Aug 28, 2022 $0.92
Aug 28, 2022 $0.92
Sep 4, 2022 $0.92
Sep 4, 2022 $0.92
Sep 4, 2022 $0.92
Sep 11, 2022 $0.92
Sep 11, 2022 $0.92
Sep 11, 2022 $0.92
Sep 18, 2022 $0.92
Sep 18, 2022 $0.92
Sep 18, 2022 $0.92
Sep 25, 2022 $0.92
Sep 25, 2022 $0.92
Sep 25, 2022 $0.92
Oct 2, 2022 $0.92
Oct 2, 2022 $0.92
Oct 2, 2022 $0.92
Oct 2, 2022 $0.92
Oct 9, 2022 $4.59
Oct 16, 2022 $0.92
Oct 16, 2022 $0.92
Oct 23, 2022 $0.92
Oct 30, 2022 $0.92
Oct 30, 2022 $0.92
Oct 30, 2022 $0.92
Nov 6, 2022 $0.92
Nov 6, 2022 $0.92
Nov 6, 2022 $0.92
Nov 13, 2022 $0.92
Nov 13, 2022 $0.92
Nov 13, 2022 $0.92
Nov 20, 2022 $0.92
Nov 20, 2022 $0.92
Nov 20, 2022 $0.92
Nov 27, 2022 $0.92
Nov 27, 2022 $0.92
Nov 27, 2022 $0.92
Dec 4, 2022 $0.92
Dec 4, 2022 $0.92
Dec 4, 2022 $0.43
Aug 22, 2021 $10.35 Dec 4, 2022 $0.49
Dec 11, 2022 $0.92
Dec 11, 2022 $0.92
Dec 11, 2022 $0.92
Dec 18, 2022 $0.92
Dec 18, 2022 $0.92
Dec 18, 2022 $0.92
Dec 25, 2022 $0.92
Dec 25, 2022 $0.92
Dec 25, 2022 $0.92
Jan 1, 2023 $0.92
Jan 1, 2023 $0.69
Aug 29, 2021 $10.35 Jan 1, 2023 $0.23
Jan 1, 2023 $0.92
Jan 8, 2023 $0.92
Jan 8, 2023 $0.92
Jan 8, 2023 $0.92
Jan 15, 2023 $0.92
Jan 15, 2023 $0.73
Jan 16, 2023 $0.92
Jan 16, 2023 $0.18
Jan 16, 2023 $0.92
Jan 22, 2023 $0.92
Jan 29, 2023 $0.92
Jan 29, 2023 $0.92
Jan 29, 2023 $0.03
Sep 5, 2021 $10.35 Jan 29, 2023 $0.89
Feb 5, 2023 $0.92
Feb 5, 2023 $0.92
Feb 5, 2023 $0.92
Feb 12, 2023 $0.92
Feb 12, 2023 $0.92
Feb 12, 2023 $0.92
Feb 19, 2023 $0.92
Feb 19, 2023 $0.92
Feb 19, 2023 $0.92
Feb 26, 2023 $0.92
Feb 26, 2023 $0.28
Sep 12, 2021 $10.35 Feb 26, 2023 $0.63
Feb 27, 2023 $0.92
Mar 5, 2023 $0.92
Mar 12, 2023 $0.92
Mar 19, 2023 $0.92
Mar 26, 2023 $0.92
Apr 2, 2023 $0.92
Apr 9, 2023 $0.92
Apr 9, 2023 $0.92
Apr 16, 2023 $0.92
Apr 16, 2023 $0.92
Apr 23, 2023 $0.54
Sep 19, 2021 $10.35 Apr 23, 2023 $0.38
Apr 23, 2023 $0.92
Apr 30, 2023 $0.92
Apr 30, 2023 $0.92
Apr 30, 2023 $0.92
Apr 30, 2023 $0.46
May 7, 2023 $0.92
May 8, 2023 $0.92
May 8, 2023 $0.46
May 14, 2023 $0.92
May 14, 2023 $0.92
May 21, 2023 $0.92
May 21, 2023 $0.80
Sep 26, 2021 $10.35 May 21, 2023 $0.12
May 28, 2023 $0.92
May 28, 2023 $0.92
Jun 4, 2023 $0.92
Jun 4, 2023 $0.92
Jun 11, 2023 $0.92
Jun 18, 2023 $0.92
Jun 25, 2023 $0.92
Jul 4, 2023 $0.92
Jul 9, 2023 $0.92
Jul 16, 2023 $0.92
Jul 30, 2023 $0.92
Aug 6, 2023 $0.14
Oct 3, 2021 $10.35 Aug 6, 2023 $0.78
Aug 13, 2023 $0.92
Aug 20, 2023 $0.92
Aug 27, 2023 $0.92
Sep 4, 2023 $0.92
Sep 10, 2023 $0.92
Oct 1, 2023 $0.92
Oct 8, 2023 $0.92
Oct 15, 2023 $0.92
Oct 15, 2023 $0.92
Oct 22, 2023 $1.31
Oct 10, 2021 $10.35 Oct 22, 2023 $0.52
Oct 29, 2023 $0.92
Nov 5, 2023 $0.92
Nov 5, 2023 $0.92
Nov 12, 2023 $0.92
Nov 19, 2023 $0.92
Nov 26, 2023 $0.92
Dec 3, 2023 $0.92
Dec 10, 2023 $0.92
Dec 17, 2023 $0.92
Dec 24, 2023 $0.92
Dec 31, 2023 $0.65
Oct 17, 2021 $10.35 Dec 31, 2023 $1.18
Jan 8, 2024 $0.92
Jan 14, 2024 $0.92
Jan 21, 2024 $0.92
Feb 4, 2024 $0.92
Feb 11, 2024 $0.92
Feb 18, 2024 $0.92
Feb 25, 2024 $0.92
Mar 3, 2024 $1.83
Mar 10, 2024 $0.91
Oct 24, 2021 $10.35 Mar 10, 2024 $0.01
Mar 20, 2024 $0.92
Mar 24, 2024 $0.92
Mar 31, 2024 $0.92
Apr 14, 2024 $0.92
Oct 31, 2021 $10.35
Nov 7, 2021 $10.35
Nov 14, 2021 $10.35
Nov 21, 2021 $10.35
Nov 28, 2021 $10.35
Dec 5, 2021 $62.39
Dec 12, 2021 $62.39
Dec 19, 2021 $62.39
Dec 26, 2021 $62.39
Jan 2, 2022 $62.39
Jan 9, 2022 $10.35
Jan 16, 2022 $10.35
Jan 23, 2022 $9.88

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