Tomato farming for livelihood and college fees
Lydiah
Gitare, Embu, Kenya
46% repaid
Entrepreneur
Name
Lydiah
Member since
December 2014
On-time repayments
54 installments • 24%
About Me
I had a dream when I was a child: to be a teacher like my parents. Obviously, my dreams changed along the way and I realized education was important for me to realize my dream. All was well until I completed my high school. At that time, my parents retired and my father became a drunkard to the extent that education for his children was not a priority. So I missed college education. But my determination landed me a small job as a non-teaching staff at a local school. I taught my self and with the help of friends to use a computer. Since the salary hardly covers my basic needs, I thought of farming tomatoes to supplement my income. I come from an area that economy is largely dependent on agriculture. The climate is suitable for farming and rain is high. Generally, the people are friendly and welcoming. I have no children yet but would love to be stable when I get so that they can have a better life and education than I had.
My Business
I practice Tomato farming as a business. I plant the tomatoes and time so that I am able to sell when demand is high and so that I am able to get high profits. The advantage I have for my business is availability of water and a reliable market. The majors costs are the labour costs. The costs of seeds and other materials are minimal. I make about $300 (30,000 KES) per harvest. I use the money to reinvest in the business and was saving little in a local cooperative with the intention of getting a loan to fund my college studies. However, the cooperative's loan is a bit expensive and the fact that I am not given the savings when asking for the loan is a great limitation.
Loan Proposal
I intend to use the money to purchase fertilizers (approx. $44), pesticides and pesticides (approx. $20), and pay for labour and selling the produce (approx. $40). The loan will be of great help to me because it will allow me to plants and mature the plants at the correct timing. Although I am not able to give the exact figures, I predict that this will allow me to increase the profits.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jan 1, 2015
Repayment status
Late
Projected term
12 months
Lenders
Australia
Summary
Amount repaid
$51.55
Amount remaining
$59.44
Expected completion
Jan 17, 2016
Status
Repaying late
Installment amount
$2.04
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jan 11, 2015 | $2.04 | Jan 13, 2015 | $1.01 |
| Jan 13, 2015 | $1.03 | ||
| Jan 18, 2015 | $2.04 | Jan 20, 2015 | $1.03 |
| Jan 20, 2015 | $1.01 | ||
| Jan 25, 2015 | $2.04 | Feb 1, 2015 | $2.02 |
| Feb 1, 2015 | $0.02 | ||
| Feb 1, 2015 | $2.04 | Feb 1, 2015 | $1.01 |
| Feb 1, 2015 | $1.03 | ||
| Feb 8, 2015 | $2.04 | Feb 13, 2015 | $2.04 |
| Feb 15, 2015 | $2.04 | Feb 13, 2015 | $0.06 |
| Feb 16, 2015 | $1.99 | ||
| Feb 22, 2015 | $2.04 | Feb 16, 2015 | $0.26 |
| Feb 22, 2015 | $1.79 | ||
| Mar 1, 2015 | $2.04 | Feb 22, 2015 | $0.12 |
| Apr 16, 2015 | $1.07 | ||
| Apr 27, 2015 | $0.85 | ||
| Mar 8, 2015 | $2.04 | Apr 27, 2015 | $0.16 |
| Apr 27, 2015 | $0.56 | ||
| May 5, 2015 | $1.33 | ||
| Mar 15, 2015 | $2.04 | May 5, 2015 | $2.04 |
| Mar 22, 2015 | $2.04 | May 5, 2015 | $2.04 |
| Mar 29, 2015 | $2.04 | May 5, 2015 | $2.04 |
| Apr 5, 2015 | $2.04 | May 5, 2015 | $2.04 |
| Apr 12, 2015 | $2.04 | May 5, 2015 | $2.04 |
| Apr 19, 2015 | $2.04 | May 5, 2015 | $2.04 |
| Apr 26, 2015 | $2.04 | May 5, 2015 | $1.57 |
| May 7, 2015 | $0.47 | ||
| May 3, 2015 | $2.04 | May 7, 2015 | $0.54 |
| May 7, 2015 | $1.01 | ||
| May 7, 2015 | $0.49 | ||
| May 10, 2015 | $2.04 | May 7, 2015 | $0.49 |
| Jun 3, 2015 | $1.55 | ||
| May 17, 2015 | $2.04 | Jun 3, 2015 | $2.04 |
| May 24, 2015 | $2.04 | Jun 3, 2015 | $1.46 |
| Jul 1, 2015 | $0.58 | ||
| May 31, 2015 | $2.04 | Jul 1, 2015 | $2.04 |
| Jun 7, 2015 | $2.04 | Jul 1, 2015 | $2.04 |
| Jun 14, 2015 | $2.04 | Jul 1, 2015 | $1.51 |
| Aug 13, 2015 | $0.54 | ||
| Jun 21, 2015 | $2.04 | Aug 13, 2015 | $2.04 |
| Jun 28, 2015 | $2.04 | Aug 13, 2015 | $2.04 |
| Jul 5, 2015 | $2.04 | Aug 13, 2015 | $0.43 |
| Jul 12, 2015 | $2.04 | ||
| Jul 19, 2015 | $2.04 | ||
| Jul 26, 2015 | $2.04 | ||
| Aug 2, 2015 | $2.04 | ||
| Aug 9, 2015 | $2.04 | ||
| Aug 16, 2015 | $2.04 | ||
| Aug 23, 2015 | $2.04 | ||
| Aug 30, 2015 | $2.04 | ||
| Sep 6, 2015 | $2.04 | ||
| Sep 13, 2015 | $2.04 | ||
| Sep 20, 2015 | $2.04 | ||
| Sep 27, 2015 | $2.04 | ||
| Oct 4, 2015 | $2.04 | ||
| Oct 11, 2015 | $2.04 | ||
| Oct 18, 2015 | $2.04 | ||
| Oct 25, 2015 | $2.04 | ||
| Nov 1, 2015 | $2.04 | ||
| Nov 8, 2015 | $2.04 | ||
| Nov 15, 2015 | $2.04 | ||
| Nov 22, 2015 | $2.04 | ||
| Nov 29, 2015 | $2.04 | ||
| Dec 6, 2015 | $2.04 | ||
| Dec 13, 2015 | $2.04 | ||
| Dec 20, 2015 | $2.04 | ||
| Dec 27, 2015 | $2.04 | ||
| Jan 3, 2016 | $2.04 | ||
| Jan 10, 2016 | $2.04 | ||
| Jan 17, 2016 | $2.61 | ||
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