Tree nursery expansion

Kevin

Asembo Bay Siaya, Kenya

100% repaid

Entrepreneur

Name

Kevin

Member since

August 2015

On-time repayments

155 installments  •  9%

About Me

Kevin was born and raised in Ulafu village in Siaya county, Kenya. Growing under the care of grandmother after the separation of the parents, I got to learn and associate with basic Luo culture and farming as the main source of our food. I went to a rural primary school, Nina before passing my exams to proceed to O-levels only to drop out of school due to sickness and death of my grandmother who was the pillar in my schooling in terms of school fee and basic school needs. My hopes of going back to school were over as my mother was struggling in the city to have a life. I presented my academic report to some of the relatives who were impressed with my performances. They teamed together to support my mother pay my school fee which enable me resume my studied after one year of being home. From this I managed to proceed to public university as a regular student. I did study Agriculture Economics at Egerton University.
I later studied sustainable agriculture which enable me reconcile with nature. This enable me to come to the reality of climatic change and working towards conservation. From this I started a small tree nursery for my own consumption. This was to try and rehabilitate the environment through tree planting. People later started asking if I could sell to them the tree seedlings and it’s from this that I realized a business opportunity. It was not long before I was through out of the land with claims I did not belong there and had no right to inherit land from my grandmother’s place. I secured job with a community based organization from which I saved to buy quarter of an acre land. From here I re-established the tree nursery in a small scale but with bigger aims.
My free times are spent in observing natural patterns in nature and reading explorative novels. I play basketball occasionally and help mentor young people in the village to enable them focus in their dreams. My dream is to make it in life no matter what challenges comes my way.

My Business

The tree nursery if offering tree seedlings at different stages. Most of the seedlings are agro-forestry trees graveilla species dominating the production. The production plans is expand to animal fodder including bees. With the current climatic changes and erratic rainfalls leading to poor crop productions has seen people diversifying to agro-forestry. Campaigns by NGOs and Governments has also seen the tree planting culture on the rise. These has led to high demand of planting materials in the area of residence. The seedlings are sourced from far and this increases their cost to the people in need of them. Tapping this opportunity to its full potential will lead to a fat returns.
The choice of this particular business runs from my childhood background, education and village life and farming experience. The major recurrent costs in this business is seeds, potting bags, manure and water during dry spells. With expansion plans in mind, rain water harvesting and on-farm manure production are top in the list. Seed banking is planned for future sustainability and diversification. Main source of revenue is from sale of seedlings. This will expand to timber and fodder production in near future. The proceeds from the nursery goes to support of expansion plans and education of my siblings.

Loan Proposal

The first loan i purchased potting bags and seeds and some went to labour for assisting persons. there are more seed left for the phase production and would like to use the next loan to facilitate production throughout the year without waiting to sell.
The money will go to labour for person assisting in management at $2 per day and water during dry spells at $50 per 10,000 ltrs tank. One step at a time i grow. Any support is highly appriciated

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Loan Info

Project Type

Classic Loan

Disbursed amount

$199.00

Date disbursed

Feb 12, 2016

Repayment status

On Time

Projected term

33 months

Other loans

Lenders

Akirahugo

Dortmund, Germany

Craig Newmark

United States

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Summary

Amount repaid

$209.49

Amount remaining

$0.00

Date repaid

Nov 9, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Feb 23, 2016 $20.00 Feb 22, 2016 $20.00
Mar 1, 2016 $20.00 Mar 2, 2016 $20.00
Mar 8, 2016 $0.00
Mar 15, 2016 $0.00
Mar 22, 2016 $0.00
Mar 29, 2016 $0.00
Apr 5, 2016 $0.00
Apr 12, 2016 $0.00
Apr 19, 2016 $0.00
Apr 26, 2016 $0.00
May 3, 2016 $0.00
May 10, 2016 $0.00
May 17, 2016 $0.00
May 24, 2016 $0.00
May 31, 2016 $0.00
Jun 7, 2016 $0.00
Jun 14, 2016 $0.00
Jun 21, 2016 $0.00
Jun 28, 2016 $0.00
Jul 5, 2016 $0.00
Jul 12, 2016 $0.00
Jul 19, 2016 $0.00
Jul 26, 2016 $0.00
Aug 2, 2016 $0.00
Aug 9, 2016 $0.00
Aug 16, 2016 $0.00
Aug 23, 2016 $0.00
Aug 30, 2016 $0.00
Sep 6, 2016 $0.00
Sep 13, 2016 $0.00
Sep 20, 2016 $0.00
Sep 27, 2016 $0.00
Oct 4, 2016 $0.00
Oct 11, 2016 $0.00
Oct 18, 2016 $0.00
Oct 25, 2016 $0.00
Nov 1, 2016 $0.00
Nov 8, 2016 $0.00
Nov 15, 2016 $0.00
Nov 22, 2016 $0.00
Nov 29, 2016 $0.00
Dec 6, 2016 $0.00
Dec 13, 2016 $0.00
Dec 20, 2016 $0.00
Dec 27, 2016 $0.00
Jan 3, 2017 $0.00
Jan 10, 2017 $0.00
Jan 17, 2017 $0.00
Jan 24, 2017 $0.00
Jan 31, 2017 $0.00
Feb 7, 2017 $0.00
Feb 14, 2017 $0.00
Feb 21, 2017 $0.00
Feb 28, 2017 $0.00
Mar 7, 2017 $0.00
Mar 14, 2017 $0.00
Mar 21, 2017 $0.00
Mar 28, 2017 $0.00
Apr 4, 2017 $0.00
Apr 11, 2017 $0.00
Apr 18, 2017 $0.00
Apr 25, 2017 $0.00
May 2, 2017 $0.00
May 9, 2017 $0.00
May 16, 2017 $0.00
May 23, 2017 $0.00
May 30, 2017 $0.00
Jun 6, 2017 $0.00
Jun 13, 2017 $0.00
Jun 20, 2017 $0.00
Jun 27, 2017 $0.00
Jul 4, 2017 $0.00
Jul 11, 2017 $0.00
Jul 18, 2017 $0.00
Jul 25, 2017 $0.00
Aug 1, 2017 $0.00
Aug 8, 2017 $0.00
Aug 15, 2017 $0.00
Aug 22, 2017 $0.00
Aug 29, 2017 $0.00
Sep 5, 2017 $0.00
Sep 12, 2017 $0.00
Sep 19, 2017 $0.00
Sep 26, 2017 $0.00
Oct 3, 2017 $0.00
Oct 10, 2017 $0.00
Oct 17, 2017 $0.00
Oct 24, 2017 $0.00
Oct 31, 2017 $0.00
Nov 7, 2017 $0.00
Nov 14, 2017 $0.00
Nov 21, 2017 $0.00
Nov 28, 2017 $0.00
Dec 5, 2017 $0.00
Dec 12, 2017 $0.00
Dec 19, 2017 $0.00
Dec 26, 2017 $0.00
Jan 2, 2018 $0.00
Jan 9, 2018 $0.00
Jan 16, 2018 $0.00
Jan 23, 2018 $0.00
Jan 30, 2018 $0.00
Feb 6, 2018 $0.00
Feb 13, 2018 $0.00
Feb 20, 2018 $0.00
Feb 27, 2018 $0.00
Mar 6, 2018 $0.00
Mar 13, 2018 $0.00
Mar 20, 2018 $0.00
Mar 27, 2018 $0.00
Apr 3, 2018 $0.00
Apr 10, 2018 $0.00
Apr 17, 2018 $0.00
Apr 24, 2018 $0.00
May 1, 2018 $0.00
May 8, 2018 $0.00
May 15, 2018 $0.00
May 22, 2018 $0.00
May 29, 2018 $0.00
Jun 5, 2018 $0.00
Jun 12, 2018 $0.00
Jun 19, 2018 $0.00
Jun 26, 2018 $0.00
Jul 3, 2018 $0.00
Jul 10, 2018 $0.00
Jul 17, 2018 $0.00
Jul 24, 2018 $0.00
Jul 31, 2018 $0.00
Aug 7, 2018 $0.00
Aug 14, 2018 $0.00
Aug 21, 2018 $0.00
Aug 28, 2018 $0.00
Sep 4, 2018 $0.00
Sep 11, 2018 $0.00
Sep 18, 2018 $0.00
Sep 25, 2018 $0.00
Oct 2, 2018 $0.00
Oct 9, 2018 $0.00
Oct 16, 2018 $0.00
Oct 23, 2018 $0.00
Oct 30, 2018 $0.00
Nov 6, 2018 $0.00
Nov 13, 2018 $169.49 Nov 9, 2018 $169.49

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