Name
Anthony
Member since
August 2014
On-time repayments
201 installments • 37%
I am an entrepreneur, a freelance software developer, a writer, and a philanthropist. You may ask why I need funding when I am already a philanthropist. Well, I come from and live in an area where one is viewed as wealthy simply for being able to meet his or her basic needs. Majority of the people are poor and I come across many individuals seeking my assistance. Although, I do not have much to give, I often sacrifice and share the little I have. Nonetheless, I also face financial difficulties sometimes.
I would fill a novel describing my childhood but let me say that although I missed many things that an average child gets, I was fortunate to get an education. My diligence and brilliance in school propelled me to the University. It is at the university that I felt the harsh bit of life because I lacked various dimensions of support, including financial, moral and parental support. The challenges were a blessing in disguise because it is during this time of challenges that I begun engaging in entrepreneurial activities. I have gained wide knowledge not only through my formal education but also from freely available resources such as the internet and experience.
My area is unique in a number of ways. It is evergreen and farming is the way of life here. It has great potential for agriculture yet not fully exploited. We have wildlife that is a treasure but it is difficult convincing many individuals to conserve it due to high poverty levels. The population is a mix of both educated and uneducated lot. Perhaps the most unique aspect is the characteristics of the local economy that is driven largely by tea farming. Essentially, tea farmers are paid annually with a main bonus; the semiannual mini-bonus and the monthly income are small fractions of what they ought to get from the tea sales. This makes farmers have huge financial burdens for the greater part of the year due to labor costs. You will find many farmers with debts in the local shops, which they pay when they receive their payment. One area that I know zidisha would, and is, make a great impact is my area.
My aims of initiating the agricultural ventures, of which I am seeking funding, are not only to have a means of livelihood, but also to fill a gap in the market, motivate people into agribusiness, and eventually assist other farmers also become successful. My ventures require financial input because some like chicken rearing and dairy farming are in the startup stage. I have farmed tea for a while and my plans are to expand the plantations.
I will be highly grateful for the support and hopes the kindness develops into a long-term business relationship.
I am in agribusiness, with a focus in tea farming, horticulture, chicken rearing and dairy farming. I chose tea farming because of its stability in terms of returns and it offers relatively good returns. The existence of the Kenya Tea Development Authority (a marketing entity) makes the work of tea farmers easier. Payments are guaranteed. Tea is also advantageous in the sense that there are no major challenges inherent in other crops such as pests and diseases. I would classify weeding and labor requirements as major challenges. Therefore, investment in tea farming is a low risk venture.
My average annual net income for the last three years from tea farming was KES 70,000 (approx US$760). I expect this figure to increase because some of my young tea stems have matured and more will mature at the end of the year. My vision for the tea farming project is to have a monthly income of about 80,000 KES (approx. US$ 870). Tea farming is my main farming activity but as advised by experts I have diversified my farming. I therefore rear chickens as a business as well as do dairy farming and tomato farming.
Chicken rearing is also a viable venture. Chicken mean and eggs are in high demand in my target market. Currently, I have 150 mature layers but my next target is to have 500 layers, and eventually 1000 layers to take advantage of economy of scale. The main cost in chicken rearing is costs of feeds. Because sometimes I make my own feeds, the cost of feeds for the 150 layers is approx. 15,000 KES (approx. US$160) per month as opposed to about 25,000 KES when using commercial feeds only. Gross monthly revenue is approx. 55,000 KES (US$587.96). Now, I plan to strength my dairy farming and later grow my chicken business. The reason for this strategy and prioritizing is that increasing my chicken stock will require construction of a bigger house, which involves costs.
For my dairy farming, the plan is to purchase a good cow that produces at least 35 litres per day. This will make business sense. The demand for dairy products, especially milk, is high. In addition, the availability of a milk cooperative in my area provides a ready market for milk.
I will use the loan to purchase a more productive dairy cattle (I have identified one that yield 32 litres of milk at a cost of 55,000 KES (approx. US$600). The cost advantage of having few cattle that are more productive cattle as opposed to many cattle that are less productive is conventional knowledge. Since feeding contributes a large portion of the costs of dairy farming, having few cattle that produce more milk leads to increased profits. I also plan to purchase a motorcycle and I have been offered to pay in two installments. The motorcycle costs 75,000 KES (approx. US$816). I will pay the US$30,000 (approx. US$326) for the first installment and will clear the balance with the mini-bonus I will get from my tea earnings. The remaining approx US$20 will be used to cover overhead costs.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$1,010.00
Date disbursed
Jan 26, 2015
Repayment status
Late
Projected term
43 months
Other loans
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Amount repaid
$252.21
Amount remaining
$1,446.08
Expected completion
Aug 26, 2018
Status
Repaying late
Installment amount
$561.80
Expected Payments | Actual Payments | ||
---|---|---|---|
Feb 8, 2015 | $12.55 | Feb 17, 2015 | $12.55 |
Feb 15, 2015 | $12.55 | Feb 17, 2015 | $0.11 |
Feb 20, 2015 | $12.44 | ||
Feb 22, 2015 | $0.11 | Feb 20, 2015 | $0.11 |
Mar 1, 2015 | $2.25 | Mar 10, 2015 | $2.25 |
Mar 8, 2015 | $2.25 | Mar 10, 2015 | $2.25 |
Mar 15, 2015 | $2.25 | Mar 25, 2015 | $2.25 |
Mar 22, 2015 | $2.25 | Mar 25, 2015 | $0.22 |
Apr 1, 2015 | $2.02 | ||
Mar 29, 2015 | $2.25 | Apr 1, 2015 | $0.79 |
Apr 7, 2015 | $1.46 | ||
Apr 5, 2015 | $2.25 | Apr 7, 2015 | $1.57 |
Apr 15, 2015 | $0.51 | ||
Apr 22, 2015 | $0.17 | ||
Apr 12, 2015 | $2.25 | Apr 22, 2015 | $2.25 |
Apr 19, 2015 | $2.25 | Apr 29, 2015 | $2.25 |
Apr 26, 2015 | $2.25 | Apr 29, 2015 | $2.25 |
May 3, 2015 | $2.25 | Apr 29, 2015 | $0.56 |
May 13, 2015 | $1.69 | ||
May 10, 2015 | $2.25 | May 13, 2015 | $0.67 |
May 20, 2015 | $1.57 | ||
May 17, 2015 | $2.25 | May 20, 2015 | $1.24 |
May 27, 2015 | $1.01 | ||
May 24, 2015 | $2.25 | May 27, 2015 | $0.11 |
Jun 3, 2015 | $1.11 | ||
Jun 3, 2015 | $1.02 | ||
May 31, 2015 | $2.25 | Jun 3, 2015 | $0.09 |
Jun 9, 2015 | $2.16 | ||
Jun 7, 2015 | $2.25 | Jun 9, 2015 | $0.09 |
Jun 17, 2015 | $2.16 | ||
Jun 14, 2015 | $2.25 | Jun 17, 2015 | $2.25 |
Jun 21, 2015 | $2.25 | Jun 17, 2015 | $0.09 |
Jul 9, 2015 | $2.16 | ||
Jun 28, 2015 | $2.25 | Jul 9, 2015 | $1.85 |
Aug 18, 2015 | $0.39 | ||
Jul 5, 2015 | $2.25 | Aug 18, 2015 | $2.25 |
Jul 12, 2015 | $2.25 | Aug 18, 2015 | $2.25 |
Jul 19, 2015 | $2.25 | Sep 2, 2015 | $2.25 |
Jul 26, 2015 | $2.25 | Sep 2, 2015 | $2.25 |
Aug 2, 2015 | $2.25 | Sep 2, 2015 | $2.25 |
Aug 9, 2015 | $2.25 | Sep 2, 2015 | $2.25 |
Aug 16, 2015 | $2.25 | Sep 2, 2015 | $2.25 |
Aug 23, 2015 | $2.25 | Sep 2, 2015 | $2.25 |
Aug 30, 2015 | $2.25 | Sep 2, 2015 | $2.25 |
Sep 6, 2015 | $2.25 | Nov 4, 2015 | $2.25 |
Sep 13, 2015 | $2.25 | Nov 4, 2015 | $2.25 |
Sep 20, 2015 | $2.25 | Nov 4, 2015 | $0.11 |
Nov 18, 2015 | $2.13 | ||
Sep 27, 2015 | $2.25 | Nov 18, 2015 | $2.25 |
Oct 4, 2015 | $2.25 | Nov 18, 2015 | $1.24 |
Dec 2, 2015 | $1.01 | ||
Oct 11, 2015 | $2.25 | Dec 2, 2015 | $2.25 |
Oct 18, 2015 | $2.25 | Dec 2, 2015 | $0.11 |
Dec 16, 2015 | $2.13 | ||
Oct 25, 2015 | $2.25 | Dec 16, 2015 | $2.25 |
Nov 1, 2015 | $2.25 | Dec 16, 2015 | $0.11 |
Dec 27, 2015 | $2.13 | ||
Nov 8, 2015 | $2.25 | Dec 27, 2015 | $2.25 |
Nov 15, 2015 | $2.25 | Dec 27, 2015 | $2.25 |
Nov 22, 2015 | $2.25 | Dec 27, 2015 | $2.25 |
Nov 29, 2015 | $2.25 | Dec 27, 2015 | $2.25 |
Dec 6, 2015 | $2.25 | Dec 27, 2015 | $2.25 |
Dec 13, 2015 | $2.25 | Dec 27, 2015 | $2.25 |
Dec 20, 2015 | $2.25 | Dec 27, 2015 | $2.25 |
Dec 27, 2015 | $2.25 | Dec 27, 2015 | $2.25 |
Jan 3, 2016 | $2.25 | Dec 27, 2015 | $0.11 |
Jan 13, 2016 | $2.13 | ||
Jan 10, 2016 | $2.25 | Jan 13, 2016 | $2.25 |
Jan 17, 2016 | $2.25 | Jan 13, 2016 | $0.11 |
Jan 21, 2016 | $1.07 | ||
Jan 21, 2016 | $1.07 | ||
Jan 24, 2016 | $2.25 | Feb 1, 2016 | $2.25 |
Jan 31, 2016 | $2.25 | Feb 1, 2016 | $2.25 |
Feb 7, 2016 | $2.25 | Feb 1, 2016 | $0.11 |
Feb 14, 2016 | $2.13 | ||
Feb 14, 2016 | $2.25 | Feb 14, 2016 | $2.25 |
Feb 21, 2016 | $2.25 | Feb 14, 2016 | $0.11 |
Mar 3, 2016 | $2.13 | ||
Feb 28, 2016 | $2.25 | Mar 3, 2016 | $2.25 |
Mar 6, 2016 | $2.25 | Mar 3, 2016 | $0.08 |
Mar 8, 2016 | $1.11 | ||
Mar 8, 2016 | $1.06 | ||
Mar 13, 2016 | $2.25 | Mar 8, 2016 | $0.06 |
Mar 16, 2016 | $1.11 | ||
Mar 16, 2016 | $1.08 | ||
Mar 20, 2016 | $2.25 | Mar 16, 2016 | $0.03 |
Mar 30, 2016 | $2.21 | ||
Mar 27, 2016 | $2.25 | Mar 30, 2016 | $2.25 |
Apr 3, 2016 | $2.25 | Mar 30, 2016 | $0.03 |
Apr 16, 2016 | $2.21 | ||
Apr 10, 2016 | $2.25 | Apr 16, 2016 | $2.25 |
Apr 17, 2016 | $2.25 | Apr 16, 2016 | $2.25 |
Apr 24, 2016 | $2.25 | Apr 16, 2016 | $0.03 |
May 3, 2016 | $2.21 | ||
May 1, 2016 | $2.25 | May 3, 2016 | $2.25 |
May 8, 2016 | $2.25 | May 3, 2016 | $2.25 |
May 15, 2016 | $2.25 | May 3, 2016 | $2.25 |
May 22, 2016 | $2.25 | May 3, 2016 | $2.25 |
May 29, 2016 | $2.25 | May 3, 2016 | $0.03 |
May 22, 2016 | $2.21 | ||
Jun 5, 2016 | $2.25 | May 22, 2016 | $2.25 |
Jun 12, 2016 | $2.25 | May 22, 2016 | $2.25 |
Jun 19, 2016 | $2.25 | May 22, 2016 | $2.25 |
Jun 26, 2016 | $2.25 | May 22, 2016 | $2.25 |
Jul 3, 2016 | $2.25 | May 22, 2016 | $2.25 |
Jul 10, 2016 | $0.03 | May 22, 2016 | $0.03 |
Jul 17, 2016 | $33.71 | Jul 23, 2016 | $33.71 |
Jul 24, 2016 | $3.37 | Jul 23, 2016 | $3.37 |
Jul 31, 2016 | $5.62 | Aug 10, 2016 | $5.62 |
Aug 7, 2016 | $0.00 | ||
Aug 14, 2016 | $0.00 | ||
Aug 21, 2016 | $0.00 | ||
Aug 28, 2016 | $0.00 | ||
Sep 4, 2016 | $11.24 | Sep 14, 2016 | $11.24 |
Sep 11, 2016 | $2.25 | Sep 15, 2016 | $2.25 |
Sep 18, 2016 | $2.02 | Oct 8, 2016 | $2.02 |
Sep 25, 2016 | $2.02 | Oct 8, 2016 | $2.02 |
Oct 2, 2016 | $2.02 | Oct 8, 2016 | $2.02 |
Oct 9, 2016 | $0.67 | Oct 8, 2016 | $0.67 |
Oct 16, 2016 | $0.00 | ||
Oct 23, 2016 | $0.00 | ||
Oct 30, 2016 | $0.00 | ||
Nov 6, 2016 | $0.00 | ||
Nov 13, 2016 | $0.00 | ||
Nov 20, 2016 | $0.00 | ||
Nov 27, 2016 | $0.00 | ||
Dec 4, 2016 | $0.00 | ||
Dec 11, 2016 | $2.25 | Aug 9, 2018 | $2.25 |
Dec 18, 2016 | $2.25 | Aug 9, 2018 | $2.25 |
Dec 25, 2016 | $0.00 | ||
Jan 1, 2017 | $0.00 | ||
Jan 8, 2017 | $0.00 | ||
Jan 15, 2017 | $0.00 | ||
Jan 22, 2017 | $0.00 | ||
Jan 29, 2017 | $0.00 | ||
Feb 5, 2017 | $0.00 | ||
Feb 12, 2017 | $0.00 | ||
Feb 19, 2017 | $0.00 | ||
Feb 26, 2017 | $0.00 | ||
Mar 5, 2017 | $0.00 | ||
Mar 12, 2017 | $0.00 | ||
Mar 19, 2017 | $0.00 | ||
Mar 26, 2017 | $0.00 | ||
Apr 2, 2017 | $0.00 | ||
Apr 9, 2017 | $0.00 | ||
Apr 16, 2017 | $0.00 | ||
Apr 23, 2017 | $0.00 | ||
Apr 30, 2017 | $0.00 | ||
May 7, 2017 | $0.00 | ||
May 14, 2017 | $0.00 | ||
May 21, 2017 | $0.00 | ||
May 28, 2017 | $0.00 | ||
Jun 4, 2017 | $0.00 | ||
Jun 11, 2017 | $0.00 | ||
Jun 18, 2017 | $0.00 | ||
Jun 25, 2017 | $0.00 | ||
Jul 2, 2017 | $0.00 | ||
Jul 9, 2017 | $0.00 | ||
Jul 16, 2017 | $0.00 | ||
Jul 23, 2017 | $0.00 | ||
Jul 30, 2017 | $0.00 | ||
Aug 6, 2017 | $0.00 | ||
Aug 13, 2017 | $0.00 | ||
Aug 20, 2017 | $0.00 | ||
Aug 27, 2017 | $0.00 | ||
Sep 3, 2017 | $0.00 | ||
Sep 10, 2017 | $0.00 | ||
Sep 17, 2017 | $0.00 | ||
Sep 24, 2017 | $0.00 | ||
Oct 1, 2017 | $0.00 | ||
Oct 8, 2017 | $0.00 | ||
Oct 15, 2017 | $0.00 | ||
Oct 22, 2017 | $0.00 | ||
Oct 29, 2017 | $0.00 | ||
Nov 5, 2017 | $0.00 | ||
Nov 12, 2017 | $0.00 | ||
Nov 19, 2017 | $0.00 | ||
Nov 26, 2017 | $0.00 | ||
Dec 3, 2017 | $0.00 | ||
Dec 10, 2017 | $0.00 | ||
Dec 17, 2017 | $0.00 | ||
Dec 24, 2017 | $0.00 | ||
Dec 31, 2017 | $0.00 | ||
Jan 7, 2018 | $0.00 | ||
Jan 14, 2018 | $0.00 | ||
Jan 21, 2018 | $0.00 | ||
Jan 28, 2018 | $0.00 | ||
Feb 4, 2018 | $0.00 | ||
Feb 11, 2018 | $0.00 | ||
Feb 18, 2018 | $0.00 | ||
Feb 25, 2018 | $0.00 | ||
Mar 4, 2018 | $0.00 | ||
Mar 11, 2018 | $0.00 | ||
Mar 18, 2018 | $0.00 | ||
Mar 25, 2018 | $0.00 | ||
Apr 1, 2018 | $0.00 | ||
Apr 8, 2018 | $0.00 | ||
Apr 15, 2018 | $0.00 | ||
Apr 22, 2018 | $0.00 | ||
Apr 29, 2018 | $0.00 | ||
May 6, 2018 | $0.00 | ||
May 13, 2018 | $0.00 | ||
May 20, 2018 | $0.00 | ||
May 27, 2018 | $0.00 | ||
Jun 3, 2018 | $0.00 | ||
Jun 10, 2018 | $0.00 | ||
Jun 17, 2018 | $0.00 | ||
Jun 24, 2018 | $0.00 | ||
Jul 1, 2018 | $0.00 | ||
Jul 8, 2018 | $0.00 | ||
Jul 15, 2018 | $0.00 | ||
Jul 22, 2018 | $0.00 | ||
Jul 29, 2018 | $0.00 | ||
Aug 5, 2018 | $0.00 | ||
Aug 12, 2018 | $561.80 | ||
Aug 19, 2018 | $561.80 | ||
Aug 26, 2018 | $322.48 |
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