Tomato farming expansion

Stephen

Meru, Kenya

100% repaid

Entrepreneur

Name

Stephen

Member since

September 2016

On-time repayments

64 installments  •  48%

About Me

Am Stephen kimathi age 27 having completed my primary school education in year 2006 at meru primary school I attended kanyakine high and Completed my secondary school education int the year 2011. I later joined maseno University to pursue a degree in Agribusiness Management , i have acquired sufficient knowledge in farm management systems to convert subsistence farming into modern agribusiness.

My Business

Tomatoes growing is my major farming activity.have ventured in it cultivation due to demand in the area and it daily requirements among the population... Growing a eighth of hectare of high yield kilele f1 with a cost of ksh10000 average returns is upto ksh80000. I used my portion of returns to reinvest back of the business and rest paid my school fees

Loan Proposal

if granted the money i will use it to acquire additional farm equipment IE i will acquire drip pipe system which will cost me around 150 dollars, the water system will help in achieving high return because of the system’s ability to efficiently conserve water by controlled delivery of water directly to the ground and also prevent disease transmission to others plants.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$65.00

Date disbursed

Oct 21, 2017

Repayment status

On Time

Projected term

3 months

Lenders

PG

Paul Graham

United States

J

John

Toronto, Canada

Paul Thompson

York, United Kingdom

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Jane

California, United States

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  • Stephen    May 16, 2019

    I take this opportunity to thank you for lending the loan funds. With the funds i was able to purchase additional irrigation pipes and more farming inputs, in results i am able to do my tomatoes farming in a more easy and timely way thus increasing my earnings to approximately ks 6000 per week. Currently with my increased earning am doing farm expansion that is in term of acquisition of new greenhouse and at the same time able to pay my school fee. For sure the zidisha lending community has help in financing viable business ideas thank you.

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  • Stephen    Aug 3, 2018

    Financial difficulty.

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  • Anthony    Jul 3, 2018

    i have communicated with Stephen kimathi he will repay his loan by 12/7/2018

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  • Collins    May 8, 2018

    Keep up the good work on your repayment

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  • Jane    Jan 23, 2018

    Mungu akabariki Stephen, may your tomatoes vines grow as big as trees!

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  • Stephen    Jan 23, 2018

    Let me take this opportunity to thank my lenders and the whole zidisha community for giving me such an easy and most affordable way for accessing funds online. With the 60 dollars rendered plus my small savings I successful purchased dip pipes irrigation systems ,am confident to state that my tomato venture is more profitable now. This has been enhanced by controlled and more managed pests and diseases, easy and economical water utilization. am looking forward for more funds to enable me acquire additional dip pipes irrigation systems thanks advance.

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  • Stephen    Jan 22, 2018

    Let me to the first give my sincere gratitude and thanks to my lenders and the whole zidisha community for giving me such an easy and affordable opportunity to borrow funds.With the 60 dollars rendered plus the my savings i was able to purchase dip pipes irrigation system.with this type of irrigation system my yields have increased thus resulting to increase in profits.this have be brought by less time spent in watering the crops and also more control and managements of pests and diseases

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  • Stephen    Oct 20, 2017

    Hi good morning... Thankyou very much Mr Paul Thompson and Jane my lenders for funds I really appreciate for the quick response during this need times I needed the finances to purchase farm equipments..i promise to use the funds in the intended way and keep in time payments of the same.. Thank you regards Stephen Kimathi Kenya

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  • Jane    Oct 20, 2017

    Good luck Stephen, God bless you :)

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  • Paul Thompson    Oct 17, 2017

    Good luck, I look forward to hearing of a great harvest soon. Paul Thompson, Acorn finance. UK

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  • Stephen    Oct 16, 2017

    hello. am stephen kimathi kiriinya. having be a member of zidisha person to person micro finance,am so thankful for the financial incentive and support the institution is offering. personally from my past loan leader ed i managed to purchase the additional farm tools and inputs i needed, thus expanding my agribusiness enterprises in terms of additional tools and hence achieving a higher return.I also take this opportunity to thank you for the favorable loan interest/fee charged it allowing small starting business like mine grow.thank you

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  • Anthony    Mar 13, 2017

    Please login to zidisha and pay the overdue amount

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  • Stephen    Dec 20, 2016

    Hi, i Stephen Kimathi kiriinya gives my great thanks to you my lenders for accepting to offer the loan worth 40 us dollars/4300 kshs .currently have been able to purchase farm inputs and tools has planned,Am optimistic that my Agribusiness activities will be more effective and the productivity will increase. thankyou

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  • Stephen    Dec 12, 2016

    Thanks so much for the loan i will buy farm imputs like watering cans and a sprayer

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  • Stephen    Sep 23, 2016

    HI thanks very much for accepting to offer the loan.i will use this money to support my farming business. and promise to continue repaying it in time thank you.Regard stephen kimathi

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