Venturing into farm inputs: cereals and vegetables
Silas
Bungoma, Kenya
47% repaid
Entrepreneur
Name
Silas
Member since
June 2014
On-time repayments
326 installments • 10%
About Me
Am a married man with one wife and a child. I reside in western part of Kenya. Education-undergraduate. I started the business to help me earn a living and support my family. My hobbies are singing worship songs, travelling, reading books and making friends. During my part time, i would like to advance my education when i raise school fees. From the profit from my business, 50% goes to the family up-bring and other for business expansion. I look forward to have a stable business that can keep my family, educate them and open other viable projects in future.
My Business
I have venture in cereals and other farms inputs. I travel around to get varieties of cereals e.g dry maize, millet, sorghum, beans/tomatoes, Onions etc. I prefer to buying them during harvest time hence, low in prices then i stock them for a while and sell to get reasonable profit. I preferred this business because these cereals are our staple food. I sell these cereals to institutions and local markets. Example 1: 1 sack of 90kg of maize buying price 32.5 USD, i sell it at 40.6 USD. 1 crate for tomatoes costs 29.5 USD, i sell it at 35.3USD making profit of 5.8 USDThe challenge in this business is where to stock for you need a store/warehouse. But because of high cost involved, i do it in the house looking forward to construct my on structure.
Loan Proposal
I plan to construct a store house where i can store my farm produce. I want to construct a two room store. I will need 16 iron sheets @7 USD=113 USD, 1500 bricks @0.09 USD=123USD, 10 bags of cement @9 USD=900 USD, other materials are locally available. This store will increase my productivity since no daily transport my goods back in the house again. In the in case of bad weather condition, i will be at peace not to close my business earlier like before hence loosing more customers. I will be glad once i realize this project. Other contribution i will raise them through my business profit.
Feedback
Positive
3
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$295.00
Date disbursed
Oct 30, 2014
Repayment status
Late
Projected term
73 months
Other loans
Lenders
Redmond, United States
San Francisco, United States
Germany
Germany
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Summary
Amount repaid
$230.68
Amount remaining
$258.88
Expected completion
Nov 15, 2020
Status
Repaying late
Installment amount
$5.68
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Nov 9, 2014 | $5.68 | Nov 13, 2014 | $5.68 |
| Nov 16, 2014 | $5.68 | Nov 16, 2014 | $5.68 |
| Nov 23, 2014 | $5.68 | Nov 24, 2014 | $5.68 |
| Nov 30, 2014 | $5.68 | Dec 1, 2014 | $5.68 |
| Dec 7, 2014 | $5.68 | Dec 8, 2014 | $5.68 |
| Dec 14, 2014 | $0.00 | ||
| Dec 21, 2014 | $0.00 | ||
| Dec 28, 2014 | $0.00 | ||
| Jan 4, 2015 | $1.70 | Jan 13, 2015 | $1.70 |
| Jan 11, 2015 | $1.70 | Feb 14, 2015 | $1.70 |
| Jan 18, 2015 | $1.70 | Mar 1, 2015 | $1.70 |
| Jan 25, 2015 | $1.70 | Mar 17, 2015 | $1.70 |
| Feb 1, 2015 | $1.70 | Feb 27, 2019 | $1.70 |
| Feb 8, 2015 | $1.70 | Feb 27, 2019 | $1.70 |
| Feb 15, 2015 | $1.70 | Feb 27, 2019 | $1.70 |
| Feb 22, 2015 | $1.70 | Feb 27, 2019 | $1.70 |
| Mar 1, 2015 | $1.70 | Feb 27, 2019 | $1.70 |
| Mar 8, 2015 | $1.70 | Feb 27, 2019 | $1.70 |
| Mar 15, 2015 | $1.14 | Feb 27, 2019 | $1.14 |
| Mar 22, 2015 | $0.00 | ||
| Mar 29, 2015 | $0.00 | ||
| Apr 5, 2015 | $0.00 | ||
| Apr 12, 2015 | $0.00 | ||
| Apr 19, 2015 | $0.00 | ||
| Apr 26, 2015 | $0.00 | ||
| May 3, 2015 | $0.00 | ||
| May 10, 2015 | $0.00 | ||
| May 17, 2015 | $0.00 | ||
| May 24, 2015 | $0.00 | ||
| May 31, 2015 | $0.00 | ||
| Jun 7, 2015 | $0.00 | ||
| Jun 14, 2015 | $0.00 | ||
| Jun 21, 2015 | $0.00 | ||
| Jun 28, 2015 | $0.00 | ||
| Jul 5, 2015 | $0.00 | ||
| Jul 12, 2015 | $0.00 | ||
| Jul 19, 2015 | $0.00 | ||
| Jul 26, 2015 | $0.00 | ||
| 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 | $0.00 | ||
| Jan 17, 2016 | $0.00 | ||
| Jan 24, 2016 | $0.00 | ||
| Jan 31, 2016 | $0.00 | ||
| Feb 7, 2016 | $0.00 | ||
| Feb 14, 2016 | $0.00 | ||
| Feb 21, 2016 | $0.00 | ||
| Feb 28, 2016 | $0.00 | ||
| Mar 6, 2016 | $0.00 | ||
| Mar 13, 2016 | $0.00 | ||
| Mar 20, 2016 | $0.00 | ||
| Mar 27, 2016 | $0.00 | ||
| Apr 3, 2016 | $0.00 | ||
| Apr 10, 2016 | $0.00 | ||
| Apr 17, 2016 | $0.00 | ||
| Apr 24, 2016 | $0.00 | ||
| May 1, 2016 | $0.00 | ||
| May 8, 2016 | $0.00 | ||
| May 15, 2016 | $0.00 | ||
| May 22, 2016 | $0.00 | ||
| May 29, 2016 | $0.00 | ||
| Jun 5, 2016 | $0.00 | ||
| Jun 12, 2016 | $0.00 | ||
| Jun 19, 2016 | $0.00 | ||
| Jun 26, 2016 | $0.00 | ||
| Jul 3, 2016 | $0.00 | ||
| 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 | $5.68 | Mar 10, 2019 | $5.68 |
| Mar 17, 2019 | $5.68 | Mar 30, 2019 | $5.68 |
| Mar 24, 2019 | $5.68 | Apr 24, 2019 | $5.68 |
| Mar 31, 2019 | $5.68 | May 13, 2019 | $5.68 |
| Apr 7, 2019 | $5.68 | May 13, 2019 | $5.68 |
| Apr 14, 2019 | $5.68 | May 13, 2019 | $5.68 |
| Apr 21, 2019 | $5.68 | May 13, 2019 | $5.68 |
| Apr 28, 2019 | $5.68 | May 13, 2019 | $5.68 |
| May 5, 2019 | $5.68 | May 13, 2019 | $5.68 |
| May 12, 2019 | $5.68 | Jun 28, 2019 | $5.68 |
| May 19, 2019 | $5.68 | Jul 25, 2019 | $5.68 |
| May 26, 2019 | $5.68 | Jul 25, 2019 | $5.68 |
| Jun 2, 2019 | $5.68 | Jul 25, 2019 | $5.68 |
| Jun 9, 2019 | $5.68 | Jul 25, 2019 | $5.68 |
| Jun 16, 2019 | $5.68 | Jul 25, 2019 | $5.68 |
| Jun 23, 2019 | $5.68 | Jul 25, 2019 | $5.68 |
| Jun 30, 2019 | $5.68 | Jul 25, 2019 | $5.68 |
| Jul 7, 2019 | $5.68 | Jul 25, 2019 | $5.68 |
| Jul 14, 2019 | $5.68 | Jul 25, 2019 | $5.68 |
| Jul 21, 2019 | $5.68 | Jul 25, 2019 | $5.68 |
| Jul 28, 2019 | $2.27 | Jul 30, 2019 | $2.27 |
| Aug 4, 2019 | $2.27 | Aug 7, 2019 | $2.27 |
| Aug 11, 2019 | $2.27 | Aug 13, 2019 | $2.27 |
| Aug 18, 2019 | $2.27 | Aug 26, 2019 | $2.27 |
| Aug 25, 2019 | $2.27 | Sep 3, 2019 | $2.27 |
| Sep 1, 2019 | $5.68 | Sep 13, 2019 | $5.68 |
| Sep 8, 2019 | $0.00 | ||
| Sep 15, 2019 | $0.00 | ||
| Sep 22, 2019 | $0.00 | ||
| Sep 29, 2019 | $0.00 | ||
| Oct 6, 2019 | $1.14 | Oct 9, 2019 | $1.14 |
| Oct 13, 2019 | $1.14 | Oct 25, 2019 | $1.14 |
| Oct 20, 2019 | $1.14 | Oct 25, 2019 | $1.14 |
| Oct 27, 2019 | $1.14 | Oct 30, 2019 | $1.14 |
| Nov 3, 2019 | $1.14 | Oct 30, 2019 | $1.14 |
| Nov 10, 2019 | $5.68 | Nov 6, 2019 | $2.27 |
| Dec 23, 2019 | $3.41 | ||
| Nov 17, 2019 | $5.68 | Dec 23, 2019 | $2.27 |
| Jan 25, 2020 | $3.41 | ||
| Nov 24, 2019 | $5.68 | Jan 25, 2020 | $5.68 |
| Dec 1, 2019 | $5.68 | Jan 25, 2020 | $2.27 |
| Jan 29, 2020 | $3.41 | ||
| Dec 8, 2019 | $5.68 | Jan 29, 2020 | $5.68 |
| Dec 15, 2019 | $5.68 | Jan 29, 2020 | $2.27 |
| Feb 17, 2020 | $3.41 | ||
| Dec 22, 2019 | $5.68 | Feb 17, 2020 | $2.27 |
| Feb 25, 2020 | $3.41 | ||
| Dec 29, 2019 | $5.68 | Feb 25, 2020 | $5.68 |
| Jan 5, 2020 | $5.68 | Feb 25, 2020 | $2.27 |
| Jan 12, 2020 | $5.68 | ||
| Jan 19, 2020 | $5.68 | ||
| Jan 26, 2020 | $5.68 | ||
| Feb 2, 2020 | $5.68 | ||
| Feb 9, 2020 | $5.68 | ||
| Feb 16, 2020 | $5.68 | ||
| Feb 23, 2020 | $5.68 | ||
| Mar 1, 2020 | $5.68 | ||
| Mar 8, 2020 | $5.68 | ||
| Mar 15, 2020 | $5.68 | ||
| Mar 22, 2020 | $5.68 | ||
| Mar 29, 2020 | $5.68 | ||
| Apr 5, 2020 | $5.68 | ||
| Apr 12, 2020 | $5.68 | ||
| Apr 19, 2020 | $5.68 | ||
| Apr 26, 2020 | $5.68 | ||
| May 3, 2020 | $5.68 | ||
| May 10, 2020 | $5.68 | ||
| May 17, 2020 | $5.68 | ||
| May 24, 2020 | $5.68 | ||
| May 31, 2020 | $5.68 | ||
| Jun 7, 2020 | $5.68 | ||
| Jun 14, 2020 | $5.68 | ||
| Jun 21, 2020 | $5.68 | ||
| Jun 28, 2020 | $5.68 | ||
| Jul 5, 2020 | $5.68 | ||
| Jul 12, 2020 | $5.68 | ||
| Jul 19, 2020 | $5.68 | ||
| Jul 26, 2020 | $5.68 | ||
| Aug 2, 2020 | $5.68 | ||
| Aug 9, 2020 | $5.68 | ||
| Aug 16, 2020 | $5.68 | ||
| Aug 23, 2020 | $5.68 | ||
| Aug 30, 2020 | $5.68 | ||
| Sep 6, 2020 | $5.68 | ||
| Sep 13, 2020 | $5.68 | ||
| Sep 20, 2020 | $5.68 | ||
| Sep 27, 2020 | $5.68 | ||
| Oct 4, 2020 | $5.68 | ||
| Oct 11, 2020 | $5.68 | ||
| Oct 18, 2020 | $5.68 | ||
| Oct 25, 2020 | $5.68 | ||
| Nov 1, 2020 | $5.68 | ||
| Nov 8, 2020 | $5.68 | ||
| Nov 15, 2020 | $5.47 | ||
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