Agribusiness loan

David

Nairobi, Kenya

55% repaid

Entrepreneur

Name

David

Member since

January 2014

On-time repayments

17 installments  •  35%

About Me

I am 27 years of age who I grew up from a humble background where my parents were peasant farmers back in the village.. I am the first born among three children . I completed a diploma course in Agricultural Education and Extension from Egerton University and graduated in 2012.
I am optimistic person who is a person of faith and believe in the existence of God. being first born, am always hard working, creative and responsible.

My Business

My business entails agricultural production and marketing. I buy vegetables and fruits from farmers and deliver in towns to consumers . my products ranges from local vegetables, tomatoes, onions fresh milk and various fruits. being my professional field, i understand quality and preferences of the consumers. i also know where to source my products and the best periods both in terms of demand and supply.
The challenges mostly i encounter is due to perishability of the products that i deal with. vegetables and fruits need proper storage and quick delivery to the consumers. mostly i use public means which is a bigger challenge. having realize that the business is viable, my major plan is to increase the size of the business by increasing capital. this will help me to meat my target of purchasing a moto bicycle by ay 2015. this will help me deliver the products promtly and more efficiently.
I have also rented farming land where am doing vegetable production in Homa Bay county.

Loan Proposal

I will be glad to receive this loan from zidisha. my plan is to increase the amount of fruits that i supply to the consumers as the demand for fruits such as water melons and pineapples is very high at this warm periods. this will help me to increase my profit margins and meat my goals and objective.
Currently am only able to supply a few estates in Nairobi that is Langata estate and Nairobi west only. and some retails in Kisumu and Homa Bay. the amount will help me to start expanding the business as my aim and ambition is to develop the enterprise into one of the biggest companies dealing with real vegetables in the country.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Feb 9, 2015

Repayment status

Late

Projected term

4 months

Lenders

J

johan

Oslo, Norway

torelizer

Reggio Emilia, Italy

P

Philippe

Adliswil, Switzerland

L

lmuenchen

Munich, Germany

R

rcmssr

Woodbury, United States

BJ

Brandon Joz

North Carolina, United States

Jeff

Portland OR, United States

T

tmsaddress

Orlando, Florida, United States

S

sbower33

United States

SE

Sven E

Mannheim, Germany

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  • David    May 19, 2015

    Hello zidisha team, am very sorry that my repayment programme is pathetic. i take this chance once again to request for more time to complete the loan. It was unfortunate the I got sick when the business just started picking.

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  • David    Mar 31, 2015

    I have increased my stock from the amount i got from zidisha . thank you all lenders.

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  • David    Mar 31, 2015

    Hallo lenders, I trust you are all doing well. i would once again appreciate your help. my business is doing well and your assistance is helping me towards achieving my dream. am always willing to partner with lenders so as to able to sustain myself.

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  • David    Mar 23, 2015

    am making the following changes to help me pay my loan on time. i have been sick for the last three weeks and have not been able to submit my contribution on time. I therefore apologize for the inconveniences i have made to zidisha team especially the lenders. Am back to work and hope to maintain the payment on time considering the following adjustments. thank you for your continued support.

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  • David    Feb 20, 2015

    Hallo, am so glad that i received my first loan last week and i have increased the number of fruits i take to market by 150 pieces .

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  • David    Feb 8, 2015

    hi, zidisha team. Am very greatful to all my lenders. hope i will be able to increase my fruits stock once i recieve the funds and do the repayment on time. i appreciate the kindness and friendship of the lenders.

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