Maize buying

David

Nairobi, Kenya

100% repaid

Entrepreneur

Name

David

Member since

June 2015

On-time repayments

304 installments  •  98%

About Me

I was born in a rural town in Kenya called Machakos. I spent most of my early childhood observing my grandparents as they did farming, though at that time most it was mostly subsistence farming. It's from this that I grew to love farming. Even after moving to the city, I still had that passion. That is why I took on farming as a hobby and eventually I have turned it into a money making venture.

I'm an information system administrator in the hospitality industry. In this role,
I'm tasked with assisting the IT manager in the provision of IT services for the hotel and the deployment of IT department requirements. I'm a qualified Computer technician and hold a diploma in computing from NCC education level 4 (QCF).

My Business

At the moment, I'm doing horticulture farming i.e., tomatoes and corianders as well as maize farming. Basically, I farm anything which is in the season and which has the prospect of giving me a good return. Initially, I was doing this as a hobby but after seeing that it gives good returns, I turned it into a business. Currently, I have employed several people who are managing my rented farms as I don't do it full time.
Most of the profits I get from the business I have invested back into it by expanding the size of the farm I rent and buying machinery I need. At the moment I'm saving money so that I can buy my own land.

Loan Proposal

I want to start buying maize as this is this season of maize harvesting i want to buy maize so that i can store them and sell them once maize price improve. the maize i intend buy from Laikipia area where Maize is in plenty and at the moment the price is low. when i buy the maize I will sell it around February when the price is expected to improve.

Show original English  

About Me

I was born in rural town in Kenya called Machakos and spent most of my early childhood observing my grandparents as they do farming though at that time most it was mostly subsistence farming. Its from this I grew to love farming and even after moving to the city I still had that passion. That is why I took farming as hobby and eventually I have turn into in to a money making venture.
I'm an Information system administrator in hospitality industry. In this role,
I'm tasked with assisting the IT manager in the provision of IT services for the hotel and the deployment of IT department requirements.
I'm a qualified Computer technician with and holds a diploma in Computing from NCC education level 4 (QCF).

My Business

At the moment I'm doing horticulture farming I.e Tomatoes and corianders as well as Maize farming. Basically I farming anything which is in the season and which has prospect of give me a good return.
Initially I was doing this as hobby but after see that it gives good returns I turn it into a business. currently have employed severals people who are managing my rented farms as I don't do it full time.
Most of the profits I get from the business I have invested back into it by expanding the size of the farm I rent and buying machinery need. At the moment I'm saving money so that I can buy my own land.

Loan Proposal

I want to start buying maize as this is this season of maize harvesting i want to buy maize so that i can store them and sell them once maize price improve. the maize i intend buy from Laikipia area where Maize is in plenty and at the moment the price is low. when i buy the maize I will sell it around February when the price is expected to improve.

Feedback

3

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$97.00

Date disbursed

Nov 3, 2015

Repayment status

On Time

Projected term

6 weeks

Lenders

J

JohnH

Livonia, Michigan, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

H

howard

Vence, France

dlpringle

Denver, United States

N

Nicole

Pittsburgh, United States

MW

Matt Willis

United States

WE

Wendy Emlyn

Devon, United Kingdom

P

Peter

Germany

K

Kaleb

United States

R

Richard

Netherlands

Ask David a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Please log in to comment.

  • David    Jul 8, 2024

    Cash flow problem. I’m unable to pay the full installment amount

    Log in to reply • Share
  • David    May 8, 2024

    Difficult economics times . Cashflow is not good and weather effects are negative

    Log in to reply • Share
  • David    Mar 4, 2024

    Due to hard economic situation in Kenya currently affect cash flow.hopefully things will improve soon

    Log in to reply • Share
  • David    Jan 8, 2024

    To compensate for low cash flow, many people have travel for vacation and still recovery is very slow from last year drought

    Log in to reply • Share
  • David    Nov 7, 2023

    liquidity issues and less cash flow. The cashis expected ti improved with hervesting season in november

    Log in to reply • Share
  • David    Sep 6, 2023

    managing the cash flow and ensuring I do not default

    Log in to reply • Share
  • David    Jul 3, 2023

    Cash flow is affecting my payments but once things improve i will increase the instalments payments

    Log in to reply • Share
  • David    Apr 4, 2023

    Cash flow still not good. and the benefit of rain is still to be felt. But i have hope things will improve soon

    Log in to reply • Share
  • David    Mar 11, 2023

    To All my funders i really appreciate you trusting every-time a request for funds. As usual I will not disappoint you I will use the funds for the intended purpose. Now I can do my farming without the worry of water.

    Log in to reply • Share
  • Priscovia    Mar 9, 2023

    Wishes you all the best on your project sir.

    Log in to reply • Share
  • David    Mar 8, 2023

    With The just completed project i used the funds to increase my stock in my farm and with current drought that is currently being experienced, I used the rest to buy feeds and water. My tomato farm is not performing well also due to water shortage. With this fund i plan to make small water pan and drill a bore hole.

    Log in to reply • Share
  • David    Dec 27, 2022

    Cash flow issue and to make sure that I'm able to make payments on time without fail.

    Log in to reply • Share
  • David    Nov 12, 2022

    Cash flow is stil not very good and hopefully with the festival season sales will increase

    Log in to reply • Share
  • David    Sep 11, 2022

    cash follow challenges, the business is still unstable

    Log in to reply • Share
  • David    Jul 10, 2022

    to manage to pay on time on and to delay or default

    Log in to reply • Share
  • David    Jun 10, 2022

    manage cash flow and avoid defaulting and improve the score

    Log in to reply • Share
  • David    Apr 12, 2022

    Thank you all for the support i will be getting the new cow this week

    Log in to reply • Share
  • David    Mar 20, 2022

    Thank you all who funded my loan, this will help me to replace the cow i sold off during covid-19. I will also refurbish the cowshed which has been damaged and I could not do it because of cashflow issues.
    Again thank you all for always supporting me

    Log in to reply • Share
  • Mimi Rothschild    Mar 9, 2022

    Trust in God.

    Log in to reply • Share


Loading...

Loading...

Loading...