Upgrade farm equipment

Maureen

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Maureen

Member since

March 2019

On-time repayments

104 installments  •  86%

About Me

I am a small business owner operating a side hustle in Soy, Kakamega County. Having grown up in a town bordering the North Rift part of Kenya, I developed a passion for farming at a tender age given that this part of the country is considered the bread basket with farming being the main economic activity.
My observation of vegetables being a staple in the Kenyan diet prompted me to commence small scale vegetable farming which is slowly growing in clientele. I initially embarked on trials for kales, spinach, cow peas, cabbage and pumpkin leaves but have since focused on kales and indigenous vegetables known as managu which I sell to neighbors from my home area.

My Business

I primarily produce Vegetables including kales and Indigenous vegetables which I sell locally on a retail basis to households within my home area. On a day my sales range between Ksh 900 to 1200 depending on whether it’s a maker day as this implies that some local stall owners also make bulk purchases for onward bulk breaking and retail selling.
The challenge I face is seasonality of the vegetables as there are times when there is a glut especially during the rainy season hence over supply causes a dip in the prices. During the dry season, I do local irrigation(using a watering can) to ensure the crop received adequate water as the prices are at a peak at such times this enduring better profits.

I also try to minimize use of pesticides and herbicides as I am conscious about their effects.

I hope to see my business grow to a point whereby I can diversify it with poultry rearing

Loan Proposal

I propose to purchase new farm equipment including hoes, slashers,shovels,rakes as the ones I currently use are old and of poor quality which poses a challenge in usage as they may lead to accidents due to their loose handles.
I also propose to use some of the loan to purchase seeds for trials of pumpkin and a few other indigenous vegetables targeting production next season once I get to understand their germination and productivity dynamics

Feedback

1

None

None

  • Urszula    Feb 29, 2020

    Maureen repaid her loan ahead of schedule. Thank you and all the very best with your venture!

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Loan Info

Project Type

Classic Loan

Disbursed amount

$357.00

Date disbursed

Jan 20, 2020

Repayment status

On Time

Projected term

11 months

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$357.07

Amount remaining

$0.00

Date repaid

Jan 19, 2021

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Feb 1, 2020 $0.00
Feb 8, 2020 $0.00
Feb 15, 2020 $0.00
Feb 22, 2020 $0.00
Feb 29, 2020 $0.00
Mar 7, 2020 $4.93 Mar 3, 2020 $4.93
Mar 14, 2020 $4.93 Mar 19, 2020 $4.93
Mar 21, 2020 $4.93 Mar 19, 2020 $4.93
Mar 28, 2020 $0.00
Apr 4, 2020 $9.85 Mar 30, 2020 $9.85
Apr 11, 2020 $9.85 Apr 2, 2020 $9.85
Apr 18, 2020 $9.85 Apr 12, 2020 $9.85
Apr 25, 2020 $9.85 Apr 17, 2020 $9.85
May 2, 2020 $29.76 Apr 17, 2020 $9.85
Apr 24, 2020 $19.71
May 2, 2020 $0.20
May 9, 2020 $29.76 May 2, 2020 $29.56
May 9, 2020 $0.20
May 16, 2020 $29.76 May 9, 2020 $9.75
May 19, 2020 $20.01
May 23, 2020 $0.00
May 30, 2020 $10.85 May 25, 2020 $10.85
Jun 6, 2020 $10.85 Jun 17, 2020 $10.85
Jun 13, 2020 $10.85 Jun 17, 2020 $10.85
Jun 20, 2020 $29.76 Jun 19, 2020 $29.76
Jun 27, 2020 $0.00
Jul 4, 2020 $14.30 Jun 28, 2020 $14.30
Jul 11, 2020 $14.30 Jul 8, 2020 $14.30
Jul 18, 2020 $14.30 Jul 16, 2020 $14.30
Jul 25, 2020 $14.30 Jul 27, 2020 $14.30
Aug 1, 2020 $0.00
Aug 8, 2020 $4.94 Aug 8, 2020 $4.94
Aug 15, 2020 $4.94 Aug 17, 2020 $4.94
Aug 22, 2020 $4.94 Aug 26, 2020 $4.94
Aug 29, 2020 $4.94 Aug 31, 2020 $4.94
Sep 5, 2020 $4.94 Sep 7, 2020 $4.94
Sep 12, 2020 $5.43 Sep 12, 2020 $5.43
Sep 19, 2020 $5.43 Sep 21, 2020 $5.43
Sep 26, 2020 $5.43 Sep 29, 2020 $5.43
Oct 3, 2020 $5.43 Oct 8, 2020 $5.43
Oct 10, 2020 $5.43 Oct 12, 2020 $5.43
Oct 17, 2020 $5.43 Oct 19, 2020 $5.43
Oct 24, 2020 $5.43 Oct 27, 2020 $5.43
Oct 31, 2020 $0.00
Nov 7, 2020 $0.00
Nov 14, 2020 $4.94 Nov 18, 2020 $4.94
Nov 21, 2020 $0.00
Nov 28, 2020 $0.00
Dec 5, 2020 $1.98 Dec 7, 2020 $1.98
Dec 12, 2020 $1.98 Dec 13, 2020 $1.98
Dec 19, 2020 $1.98 Dec 18, 2020 $1.98
Dec 26, 2020 $10.21 Dec 26, 2020 $10.21
Jan 2, 2021 $10.21 Jan 10, 2021 $2.96
Jan 11, 2021 $2.96
Jan 19, 2021 $4.30
Jan 9, 2021 $0.10 Jan 19, 2021 $0.10

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