Name
Samuel
Member since
June 2015
On-time repayments
22 installments • 14%
I am a Diploma ICT graduate - Jomo Kenyatta University of Agriculture & Technology -2003 and currently and ICT & Physics teacher.
I run a small 2 Acre farm in Mbooni growing Mangoes & Watermelons to make extra income to support my 3 boys.
Mangoes & Watermelons do very well in this area and have been doing so for the last 3 years and would like to take this venture to the next level and become a solid supplier to the local market and eventually export.
Some of the mango varieties i grow are: Kent, Ngowe, Apple , Tommy Atkins and Boribo. These do very well under the warm climate at Mbooni and attract great demand in the market hence proper profits.
I sell each mango for $0.1 - 0.2 each which gives me about $197 based on my last sales early this year when i harvested. I would like to expand and plant more trees and add watermelons too.
Having this loan will enable me purchase the much needed pesticides to help increase my yields by approximately 30% of what i have been yielding.
Capital is needed to fund buying of farm implements including a
drip irrigation kit - USD 490
pesticides - USD 200
dam liners - USD 600
Purchase of Spray diazinon 60EC plus white oil for the mangoes approx. 10 - 13 USD/Kg.
A total of 13KG of Diazinon 60EC is needed giving a total expense of USD 130.
This Spray will help me control the mango seed weevil that a threat to my mangoes and will help realize better yields.
Additionally i will purchase manure for my new piece of land intended for expansion of the same.
Positive
None
Neutral
None
Negative
1
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Dec 13, 2015
Repayment status
Late
Projected term
3 months
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Amount repaid
$60.00
Amount remaining
$97.68
Expected completion
Apr 3, 2016
Status
Repaying late
Installment amount
$10.00
Expected Payments | Actual Payments | ||
---|---|---|---|
Dec 20, 2015 | $30.00 | Dec 21, 2015 | $30.00 |
Dec 27, 2015 | $0.00 | ||
Jan 3, 2016 | $0.00 | ||
Jan 10, 2016 | $0.00 | ||
Jan 17, 2016 | $10.00 | Feb 3, 2016 | $10.00 |
Jan 24, 2016 | $10.00 | Feb 3, 2016 | $10.00 |
Jan 31, 2016 | $10.00 | Feb 3, 2016 | $10.00 |
Feb 7, 2016 | $10.00 | ||
Feb 14, 2016 | $10.00 | ||
Feb 21, 2016 | $10.00 | ||
Feb 28, 2016 | $10.00 | ||
Mar 6, 2016 | $10.00 | ||
Mar 13, 2016 | $10.00 | ||
Mar 20, 2016 | $10.00 | ||
Mar 27, 2016 | $10.00 | ||
Apr 3, 2016 | $17.68 |
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