Watermelon farming

Muya Daniel

Ruai, Kenya

100% repaid

Entrepreneur

Name

Muya Daniel

Member since

April 2015

On-time repayments

150 installments  •  40%

About Me

Am a third born in a family of five. I grew up in the rift valley and all my elementally school was in that part of the country. My growing up was not without challenges. My upbringing was not so friendly as we were five of us and my parents really had to work hard for us. At times we would have to miss school just to go help out our parents in the farm as that was the only family income we had. I really thank God for that upbringing because it molded me to becoming a responsible young man and from there got to realize that agriculture is not really what I wanted in life but Agribusiness. However, i learn t early in life that giving up was never an option. This has remained my philosophy to date. That is why after college and formal employment was not forthcoming, i decided to get involved in what i grew doing, farming. I made up my mind to go back and start small scale farming with an objective to save reinvest back in the shamba until i succeed.
I am now farming kales, watermelon, capsicum, tomatoes etc. The area am farming is good because of convenience from my home ie I only use 20ksh from my home to the shamba and again the soil is fertile and therefore i will obtain a good harvest. I have been doing this business for several months and when I heard about zidisha I thought my dreams would come to reality though Zidisha. I want in the next few years to have my own farm as I am leasing one now and I would want it to be a demonstration farm not so long from now. I want my children to go get an education then later get to mechanized agriculture. My hobby is to go to the book shop I by book. later I reading books, re-reading them then reading them again and making my own copy.

My Business

My business in the line of agribusiness. At the moment am selling different farm produce, for example, i sell watermelon, i also sell kales, capsicum tomatoes among other thing that i plant in my farm. These products that i produce are in demand because where the farm is there is a small town a distance of about ten km. secondly i have a small dam that will allow me to produce all year round . Therefore when i produce during the dry season their supply will be low and therefore the demand will be high and also give me a good price.
The reason I choose this business was because I had farming skill that I had obtained long time ago when farming with my parents at home. The other reason is that I did not require high initial cost .I was also in a position to obtain a farm where I could start my business.to lease one acre of the farm it costs 15,000ksh for a period of one year.
The general costs are as follows
Leasing 15,000ksh for one year
Petro for pumping water 1500 per month
Seeds 4500 in one season this may go up or come down depending on the crop that am planting. Watermelon is the most expensive and kales are cheapest to farm because of very small initial capital that is needed.
At the moment am using the profits that I obtain from the business to grow the same business. My objective is for it to move from a small agribusiness to a vibrant farming enterprise in the next two years. I also plan to use the profit to get more training in the area of agribusiness to harness this enterprise. Finally some of the profit is normally used in my family for general upkeep as its general welfare.

Loan Proposal

The goal of requesting for these loan is to farm watermelons in my farm.
i will ding my land which will cost me about 80$
I will buy seeds at 40$
i will also buy insecticides and fungicides at 60$
the remaining amount will be kept for anything that may arise without it being expected.
The proceeds from this farming activity will be used to cater for the fees of my children.i also plan to use the profit to start a small business for my wife all which will improve the finances of my family. I also plan to use some of the profit to take my family for small vacation.
I want to do all that i can so that i get a good harvest. I expect to get about 1200 fruits if i sell each at about 50ksh which is about 0.5$ i well sell them about 600$ i will therefore have made a profit of about 400$

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$180.13

Date disbursed

Sep 10, 2015

Repayment status

On Time

Projected term

8 months

Cost to entrepreneur

Service fee: $7.48

Lenders

J

jgpryor

Williamsport, PA, United States

D

dkapplerb

Toronto, Canada

AdamP

Sunnyvale, United States

P

phangsang

Seattle, United States

F

Fredrik

Gothenburg, Sweden

Zidisha

Sterling, United States

F

fisaire

Ithaca, United States

G

grahamfamily

Guildford, United Kingdom

T

tonilends

catalonia is not:, Spain

S

SeanWolfPack

Raleigh, United States

D

Divergent

Bethesda, United States

IA

Ismini and Jerry

Stamford, USA, United States

P

penguin3694

Chicago, United States

T

the0bauman

Hillsboro, United States

K

keane2097

Ranelagh, Ireland

M

mmcclu111

San Francisco, United States

A

argos

Zurich, Switzerland

ads68

Melbourne, Australia

M

mkellerman

Shanghai, China

fairspirit

Utrecht, Netherlands

F

flaguy999

Tampa, United States

L

LindsayB

Sydney, Australia

Marktwain

Telford, United Kingdom

indrayudha

Jakarta, Indonesia

U

usualsuspect

Amsterdam, Netherlands

gseletko

South Perth, Australia

tonnyschonewille

Maastricht, Netherlands

Matthieu

Switzerland, France

H

harrymore

Townsville, Australia

HealthcareProvider

Baltimore, United States

H

Haavard

Bergen, Norway

M

MarkKrakow

Joliet, United States

S

spivurno

United States

S

science4sail

United States

B

bugdaniel

Switzerland

M

MaggieYG

United States

joshuacollinson

Vienna, Austria

J

jbhernan

United States

A

AlphaAres

Azerbaijan

D

DStateDDB

United States

Cassian Opara

London / Dubai, United Arab Emirates

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