Distributing quality feeds and fertilizer to local farmers
Fredrick
Thika, Kenya
24% repaid
Entrepreneur
Name
Fredrick
Member since
August 2014
On-time repayments
279 installments • 15%
About Me
My names are Fredrick Ng’ang’a Kamau, 28 years old from Kenya, am currently residing in Makongeni Estate, Mwangangai’s Apartment, 1st floor house no. B6, approximately 5 km from Thika town.
I am a holder of Diploma in Business Management and I have acquired skills and knowledge in ICT, in relation to that I am God fearing and holds Godliness and Integrity as my main core value both in business and in life.
After college I was unable to secure a good job as my wishes were, so I ended up being employed as a hotel attendant for a period of 3 years. During that period I managed to do savings from my salary which enabled me to start a small business of selling animals feeds and Agriculture inputs in my area. The reason that prompted me to start this business was due to scarcity of this nature of business in my locality hence resulted to farmers experiencing problems and challenges in accessing animal feeds and inputs.
As a young entrepreneur, I have a vision of establishing dynamic and successful businesses in my locality and nation wide.
I also believe in capacity building to marginalized and the needy in the community by providing to them a means of income generating activities which will sustain them in life and become self reliant.
My Business
Am running animal feeds and Agriculture inputs business, the reason why I ventured into this business was due to limited type of this business in my locality which resulted to farmers having problems to access animal feeds and these agriculture inputs.
Through my humble financial input to this business and by the fact that i buy animal feeds and these inputs direct from the distributors, it has become possible and easier for farmers who are my major customers to access them at a very affordable and competitive price.
From the time I started to source products direct from distributors the demand has been very high due to competitive and reasonable price I give to my customers. I normally buy a 90kg bag of Maize Jam at 12 dollars and sell it at 18 dollars compared to other sellers who are selling at 20 dollars.
I have been experiencing challenges of not meeting my customers’ demand due to limited finances and resources.
I appreciate Zidisha loans since it will boost my business in terms of stock and hence meet the rising demands from my customers.
I invest in this business not only because of the returns I get from it but also due to the great impact it is causing to farmers who are my major customers.
Loan Proposal
Dear esteemed lenders and Zidisha team. Thank you for giving me an opportunity to serve as Volunteer Mentor for Zidisha Community. I appreciate the cooperation from my assigned members so far.
Again I wish to thank you for my previous loan through which my sales were up 25% over the past months hence raising my profit margin tremendously. We believe by been partners with you and definitely our capacity will be built stronger.
Am glad to inform you that I was appointed as a distributor of animal feeds in my area by one of the top manufacturing company in Kenya. This venture will require approximately USD 2500 to be achieved. Am planning to use my savings and the remaining amount am looking forward to be funded again by the esteemed Zidisha lenders.
If granted this loan, I intend to use it as follows:-
1). To pay Authorization Permit for distribution @ USD 225
2). Purchase of 10 bags of Chick Mash @ $ 29 = USD 290
3). Purchase of 10 bags of Growers Mash @ $ 23 = USD 230
4). Purchase of 10 bags of Layers Mash @ $ 25 = USD 250
5). Purchase of 5 bags of Afya Dairy Meal @ $ 14 = USD 70
The remaining will be used to pay for transport and labor.
This will increase my profit margin with approximately 45% and enable me to employ 2 people who will be earning a living from it.
I call forth Zidisha lenders to sacrifice and fund my project and promise not to fall in arrears and based on my historical record of 100% on time repayment, you will be persuaded to offer me the requested amount.
Thank you in advance.
Feedback
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$1,195.00
Date disbursed
Mar 16, 2015
Repayment status
Late
Projected term
85 months
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Summary
Amount repaid
$305.27
Amount remaining
$953.62
Expected completion
Jul 12, 2020
Status
Repaying late
Installment amount
$48.43
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 29, 2015 | $43.41 | Mar 25, 2015 | $43.41 |
| Apr 5, 2015 | $43.41 | Apr 5, 2015 | $43.41 |
| Apr 12, 2015 | $16.48 | Apr 9, 2015 | $16.48 |
| Apr 19, 2015 | $16.48 | Apr 17, 2015 | $16.48 |
| Apr 26, 2015 | $16.48 | Apr 25, 2015 | $16.48 |
| May 3, 2015 | $16.48 | May 3, 2015 | $16.48 |
| May 10, 2015 | $16.48 | May 14, 2015 | $16.48 |
| May 17, 2015 | $16.48 | May 16, 2015 | $16.48 |
| May 24, 2015 | $16.48 | May 23, 2015 | $16.48 |
| May 31, 2015 | $16.48 | May 31, 2015 | $16.48 |
| Jun 7, 2015 | $16.48 | Jun 22, 2015 | $16.48 |
| Jun 14, 2015 | $16.48 | Jul 2, 2015 | $16.48 |
| Jun 21, 2015 | $16.48 | Jul 21, 2015 | $5.49 |
| Aug 2, 2015 | $10.99 | ||
| Jun 28, 2015 | $0.00 | ||
| Jul 5, 2015 | $0.00 | ||
| Jul 12, 2015 | $0.00 | ||
| Jul 19, 2015 | $5.49 | Aug 14, 2015 | $5.49 |
| Jul 26, 2015 | $2.20 | Oct 3, 2015 | $2.20 |
| Aug 2, 2015 | $0.00 | ||
| Aug 9, 2015 | $0.00 | ||
| Aug 16, 2015 | $0.00 | ||
| Aug 23, 2015 | $0.00 | ||
| Aug 30, 2015 | $0.00 | ||
| Sep 6, 2015 | $0.00 | ||
| Sep 13, 2015 | $0.00 | ||
| Sep 20, 2015 | $0.00 | ||
| Sep 27, 2015 | $0.00 | ||
| Oct 4, 2015 | $0.00 | ||
| Oct 11, 2015 | $0.00 | ||
| Oct 18, 2015 | $0.00 | ||
| Oct 25, 2015 | $0.00 | ||
| Nov 1, 2015 | $0.00 | ||
| Nov 8, 2015 | $0.00 | ||
| Nov 15, 2015 | $0.00 | ||
| Nov 22, 2015 | $0.00 | ||
| Nov 29, 2015 | $0.00 | ||
| Dec 6, 2015 | $0.00 | ||
| Dec 13, 2015 | $0.00 | ||
| Dec 20, 2015 | $0.00 | ||
| Dec 27, 2015 | $0.00 | ||
| Jan 3, 2016 | $0.00 | ||
| Jan 10, 2016 | $1.15 | Jan 9, 2016 | $1.15 |
| Jan 17, 2016 | $1.15 | Jan 9, 2016 | $0.49 |
| Jan 13, 2016 | $0.66 | ||
| Jan 24, 2016 | $1.15 | Jan 13, 2016 | $1.15 |
| Jan 31, 2016 | $1.15 | Jan 13, 2016 | $1.15 |
| Feb 7, 2016 | $1.15 | Jan 13, 2016 | $0.33 |
| Jan 20, 2016 | $0.82 | ||
| Feb 14, 2016 | $1.15 | Jan 20, 2016 | $1.15 |
| Feb 21, 2016 | $1.15 | Jan 20, 2016 | $1.15 |
| Feb 28, 2016 | $1.15 | Jan 20, 2016 | $1.15 |
| Mar 6, 2016 | $1.15 | Jan 20, 2016 | $1.15 |
| Mar 13, 2016 | $1.15 | Jan 20, 2016 | $0.05 |
| Jan 21, 2016 | $1.10 | ||
| Mar 20, 2016 | $1.15 | Jan 21, 2016 | $1.15 |
| Mar 27, 2016 | $1.15 | Jan 21, 2016 | $1.15 |
| Apr 3, 2016 | $1.15 | Jan 21, 2016 | $1.15 |
| Apr 10, 2016 | $1.15 | Jan 21, 2016 | $0.93 |
| Jan 27, 2016 | $0.22 | ||
| Apr 17, 2016 | $1.15 | Jan 27, 2016 | $1.15 |
| Apr 24, 2016 | $1.15 | Jan 27, 2016 | $1.15 |
| May 1, 2016 | $1.15 | Jan 27, 2016 | $1.15 |
| May 8, 2016 | $1.15 | Jan 27, 2016 | $1.15 |
| May 15, 2016 | $1.15 | Jan 27, 2016 | $1.15 |
| May 22, 2016 | $1.15 | Jan 27, 2016 | $0.60 |
| Feb 22, 2016 | $0.55 | ||
| May 29, 2016 | $1.15 | Feb 22, 2016 | $1.15 |
| Jun 5, 2016 | $1.15 | Feb 22, 2016 | $1.15 |
| Jun 12, 2016 | $1.15 | Feb 22, 2016 | $1.15 |
| Jun 19, 2016 | $1.15 | Feb 22, 2016 | $1.15 |
| Jun 26, 2016 | $1.15 | Feb 22, 2016 | $0.60 |
| Feb 25, 2020 | $0.55 | ||
| Jul 3, 2016 | $0.60 | Feb 25, 2020 | $0.60 |
| Jul 10, 2016 | $0.00 | ||
| Jul 17, 2016 | $0.00 | ||
| Jul 24, 2016 | $0.00 | ||
| Jul 31, 2016 | $0.00 | ||
| Aug 7, 2016 | $0.00 | ||
| Aug 14, 2016 | $0.00 | ||
| Aug 21, 2016 | $0.00 | ||
| Aug 28, 2016 | $0.00 | ||
| Sep 4, 2016 | $0.00 | ||
| Sep 11, 2016 | $0.00 | ||
| Sep 18, 2016 | $0.00 | ||
| Sep 25, 2016 | $0.00 | ||
| Oct 2, 2016 | $0.00 | ||
| Oct 9, 2016 | $0.00 | ||
| 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 | $0.00 | ||
| Dec 18, 2016 | $0.00 | ||
| 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 | $0.00 | ||
| Aug 19, 2018 | $0.00 | ||
| Aug 26, 2018 | $0.00 | ||
| Sep 2, 2018 | $0.00 | ||
| Sep 9, 2018 | $0.00 | ||
| Sep 16, 2018 | $0.00 | ||
| Sep 23, 2018 | $0.00 | ||
| Sep 30, 2018 | $0.00 | ||
| Oct 7, 2018 | $0.00 | ||
| Oct 14, 2018 | $0.00 | ||
| Oct 21, 2018 | $0.00 | ||
| Oct 28, 2018 | $0.00 | ||
| Nov 4, 2018 | $0.00 | ||
| Nov 11, 2018 | $0.00 | ||
| Nov 18, 2018 | $0.00 | ||
| Nov 25, 2018 | $0.00 | ||
| Dec 2, 2018 | $0.00 | ||
| Dec 9, 2018 | $0.00 | ||
| Dec 16, 2018 | $0.00 | ||
| Dec 23, 2018 | $0.00 | ||
| Dec 30, 2018 | $0.00 | ||
| Jan 6, 2019 | $0.00 | ||
| Jan 13, 2019 | $0.00 | ||
| Jan 20, 2019 | $0.00 | ||
| Jan 27, 2019 | $0.00 | ||
| Feb 3, 2019 | $0.00 | ||
| Feb 10, 2019 | $0.00 | ||
| Feb 17, 2019 | $0.00 | ||
| Feb 24, 2019 | $0.00 | ||
| Mar 3, 2019 | $0.00 | ||
| Mar 10, 2019 | $0.00 | ||
| Mar 17, 2019 | $0.00 | ||
| Mar 24, 2019 | $0.00 | ||
| Mar 31, 2019 | $0.00 | ||
| Apr 7, 2019 | $0.00 | ||
| Apr 14, 2019 | $0.00 | ||
| Apr 21, 2019 | $0.00 | ||
| Apr 28, 2019 | $0.00 | ||
| May 5, 2019 | $0.00 | ||
| May 12, 2019 | $0.00 | ||
| May 19, 2019 | $0.00 | ||
| May 26, 2019 | $0.00 | ||
| Jun 2, 2019 | $0.00 | ||
| Jun 9, 2019 | $0.00 | ||
| Jun 16, 2019 | $0.00 | ||
| Jun 23, 2019 | $0.00 | ||
| Jun 30, 2019 | $0.00 | ||
| Jul 7, 2019 | $0.00 | ||
| Jul 14, 2019 | $0.00 | ||
| Jul 21, 2019 | $0.00 | ||
| Jul 28, 2019 | $0.00 | ||
| Aug 4, 2019 | $0.00 | ||
| Aug 11, 2019 | $0.00 | ||
| Aug 18, 2019 | $0.00 | ||
| Aug 25, 2019 | $0.00 | ||
| Sep 1, 2019 | $0.00 | ||
| Sep 8, 2019 | $0.00 | ||
| Sep 15, 2019 | $0.00 | ||
| Sep 22, 2019 | $0.00 | ||
| Sep 29, 2019 | $0.00 | ||
| Oct 6, 2019 | $0.00 | ||
| Oct 13, 2019 | $0.00 | ||
| Oct 20, 2019 | $0.00 | ||
| Oct 27, 2019 | $0.00 | ||
| Nov 3, 2019 | $0.00 | ||
| Nov 10, 2019 | $0.00 | ||
| Nov 17, 2019 | $0.00 | ||
| Nov 24, 2019 | $0.00 | ||
| Dec 1, 2019 | $0.00 | ||
| Dec 8, 2019 | $0.00 | ||
| Dec 15, 2019 | $0.00 | ||
| Dec 22, 2019 | $0.00 | ||
| Dec 29, 2019 | $0.00 | ||
| Jan 5, 2020 | $0.00 | ||
| Jan 12, 2020 | $0.00 | ||
| Jan 19, 2020 | $0.00 | ||
| Jan 26, 2020 | $0.00 | ||
| Feb 2, 2020 | $0.00 | ||
| Feb 9, 2020 | $0.00 | ||
| Feb 16, 2020 | $0.00 | ||
| Feb 23, 2020 | $0.00 | ||
| Mar 1, 2020 | $48.43 | ||
| Mar 8, 2020 | $48.43 | ||
| Mar 15, 2020 | $48.43 | ||
| Mar 22, 2020 | $48.43 | ||
| Mar 29, 2020 | $48.43 | ||
| Apr 5, 2020 | $48.43 | ||
| Apr 12, 2020 | $48.43 | ||
| Apr 19, 2020 | $48.43 | ||
| Apr 26, 2020 | $48.43 | ||
| May 3, 2020 | $48.43 | ||
| May 10, 2020 | $48.43 | ||
| May 17, 2020 | $48.43 | ||
| May 24, 2020 | $48.43 | ||
| May 31, 2020 | $48.43 | ||
| Jun 7, 2020 | $48.43 | ||
| Jun 14, 2020 | $48.43 | ||
| Jun 21, 2020 | $48.43 | ||
| Jun 28, 2020 | $48.43 | ||
| Jul 5, 2020 | $48.43 | ||
| Jul 12, 2020 | $33.47 | ||
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