Business expansion loan

Ruth

Molo, Kenya

100% repaid

Entrepreneur

Name

Ruth

Member since

November 2017

On-time repayments

61 installments  •  25%

About Me

Was born in the year 1992 in Nakuru in a village known mzee wanyama.its here that I was raised up and got my education upto form four level after a lot of struggle due to financial problems.in the year 2012 I joined University of eldoret and pursued a degree in General Agriculture up to 2016.
Since I was young I loved agriculture and its one of my hobbies.
In the year 2017 I joined Elimika Group as an extension officer and few months later I thought and came up with an ideaof becoming a seed multiplier.
I leased a land,approached KALRO and they approved my idea.I purchased new improved shangii potatoes variety worthy kshs30000($300) that I now multiply and supply to farmers.Am ready for my second season.
I love associating with youths.

My Business

The business started in May 2017 Where I approached KALRO and got new variety of potatoes know as Super shangii,I leased an acre of land and planted the seeds.
The aim was to multiply the seed and sell to locals in molo and kuresoi region
I have done first season and was able to provide seeds to 53farmers.
In the season am ready to set by End of November am targeting 500farmers.
One90kg bag I sell at kshs 3000($30).

Loan Proposal

I will rent another Two acres of land.this will be purely for producing potatoes seeds to be sold to nearby farmers at a little lower price than other farmers have been getting.one 90kg bag will cost Kshs3300 lather than previous Kshs 3500.

Feedback

1

None

None

  • Joshi    Jan 9, 2018

    Wish you all the best. Will be glad to help you out in future.

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    • Ruth    Jan 11, 2018

      Thank you and am very gratiful for your support each and every moment

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Loan Info

Project Type

Classic Loan

Disbursed amount

$33.00

Date disbursed

Dec 15, 2017

Repayment status

On Time

Projected term

4 months

Lenders

Joshi

United States

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  • Joshi    Oct 24, 2018

    Hi Ruth,
    came here to see how you are doing? Did the cabbage crop work for you at all? Hope things are working out for you...

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  • Joan    Jul 29, 2018

    Ruth Njeri made a promise to resume making payments this coming week

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  • Joshi    Jun 19, 2018

    Ruth,
    how are things working out for you?

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  • Ruth    Feb 7, 2018

    Am currently facing some financial crisis

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  • Joshi    Feb 6, 2018

    Hi Ruth, how is the cabbage crop doing?

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    • Ruth    Feb 7, 2018

      Hi too joshi , hope you are well kept in the lord.
      My crops did not do that well as a result of drought so i suffered a huge loss but this is still part of life and one thing i am sure of is that i will never lose hope since today i lose tomorrow i will win
      thanks for your concern

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  • Ruth    Jan 16, 2018

    Thank you so much my leaders the loan has been disbursed and this has put a smile on my face since i know my project will continue growning . Thanks once again

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  • Ruth    Jan 16, 2018

    I didnt realize that i had choosen that much installment amount and it has hit me as a surprise . I thought i had choosen 200 sh per week and this is why i want to change the installment amount

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  • Ruth    Jan 15, 2018

    Thanks so much my leaders for funding my project.
    My the good God bless you so much

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  • Ruth    Jan 15, 2018

    Thank you so much for the loan . I will be able to buy crop protection products and also pay the laboreres in time. This will increase the yield as a result of better diseases and pest management of the crop. The increase in yield will result in increase of profit margin and hence improvement of the stardard of living of my family

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  • Ruth    Jan 15, 2018

    Hi
    Thanks so much my lenders , you are a great people in this beautiful zidisha community

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  • Ruth    Jan 11, 2018

    Hallo joshi
    much greating and thanks for the good work you are doing in supporting us

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    • Joshi    Jan 13, 2018

      Glad to help. What have you planted here?

      By the way, thats a nice quote. May all your dreams come true Ruth.

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      • Ruth    Jan 15, 2018

        I also do cabbage projects and i saw it good if i let you know. Currently am running the cabbage project and once i have harvested them i will plant the potatoes again , this is a way of doing crop rotation in molo. Thanks alot joshi am humbled

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  • Ruth    Jan 9, 2018

    Thank you so much zidisha for the loan awarded , i was able to purchase crop protection product that is ridomil @$19 and revus@ $15. This crop product will be used to spray the potatoes that will be planted this season of march 2018. Purchase of this product in good time will help me protect my crops from potato blight in time and hence maximising my profit limit as a result of high quality and quantity production. Thanks once again for your help, you are a people that i will always treasure for your help in improving my life and that of my family

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  • Joshi    Jan 4, 2018

    Ruth, just got your repayment. Looks like your potato crop is doing good! Wish you a great 2018 ...

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    • Ruth    Jan 10, 2018

      Yes the business is doing good . Thanks too and have a blessed and fruitful year

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  • Ruth    Dec 14, 2017

    I will use the loan awarded to me to buy crop protection product , that is ridomil and revus for the next planting season ( feb 2018). Ridomil cost $ 18.45 and revus $ 13.11.
    This crop protection products are essential for maximum protection of potato crop against potato blight which reduces the yields upto 50% and therefore i being able to purchase the chemicals in time will translate to better yield as a result of early prevention og my crop.
    I take this chance to thank mr joshi and the zidisha team for the good work you are doing to help me expand my business and also grow financially which will eventually help me reach financial stability and be able to support my family and my community. I am really grateful for your support this far. Thanks once again.

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  • Joshi    Dec 14, 2017

    Hello Ruth, wish you all the best in your potato seed business. Do let us know how things are working for you.

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    • Ruth    Jan 10, 2018

      Thank you and i will let u know all the progress and steps

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  • Ruth    Nov 14, 2017

    I will lease a land,where I will plant the new variety of potatoes.This will be a way to multiply them and distribute to farmers.

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