Distributing organic fertilizers and high-yielding seeds to farmers
Victor
White House Estate,nakuru, Kenya
7% repaid
Entrepreneur
Name
Victor
Member since
April 2014
On-time repayments
262 installments • 6%
About Me
I`m Victor Otieno, yet to marry. I live in Kenya, Nakuru County, Whitehouse estate. I`m an Administrator by profession but never practiced it, instead I joined business field. I started business because I wanted to be my own boss and be able to stretch my innovation during my extra time. I supply fertilizers to farmers in the wider Rift Valley farms for the last 2 years .From my earning, I get profit and part of it I plough back into the business for expansion of capital. The remaining profit I use for maintenance, settle bills and daily up keep. I like mentoring and motivation, therefore, free time I do capacity building in different institutions. Since we are in 21st C where education is not everything ,I`ve started a project of imparting business knowledge in collages in Kenya so that while people study, they need to focus and mould their minds towards creating opportunity not necessarily just seeking employment so that we end up with more inventions in this world.
My Business
Since I supply fertilizer which is a basic input to farmers in my region, I`ll be in a position to make profit and settle my loan. Fertilizers have demand because the main economic activity in this region is farming. Customer service and relation plays a key role in sustaining clients to beat competition. The main risk I face is smuggling of substandard fertilizers from the neighboring countries leading to price fluctuation in the market. Averagely I spend $200 with sales revenue of $ 120 and a profit ranging between $ 100 to $150 per month. I have part time income from capacity building in different institutions such that I can in turn use to repay the loan.Since I got the first loan from zidisha,my business has been affected in a positive way.For example: I was among the few nominated key suppliers to attend a farmers forum in my county region simply because,my supply had increased credibly.
Loan Proposal
When I get this second loan, I will buy bio degradable fertilizers and treated seeds which farmers told me to place an order for. This could not work earlier despite demand because I lacked funds to invest in that expansion field of interest. Funding me will boost my business and dream in such fields like, employing qualified person to assist me handle my clients which I believe will expand with time hence creation of employment.This in turn shall boost our economy. My business shall attract more farmers based on the rare farm input products which I shall supply. The seeds I want to buy cost averagely $1.5 per 2kg and are sold to farmers at $2 per 2kg.This will bring a profit of $0.5 per 2kg.My survey tell me, I can distribute at least 400kg in one month. This translates to averagely $200, a good revenue to cover my expenses, leaving me with a sweet profit. In addition, the organic manure I will buy cost $20 for 40kg.I sell at $30 per 40kg giving me a profit of $10 per bag. Estimated revenue from fertilizer per month is $300 which is huge given that they are used during planting, weeding and harvesting.Currently my profit ranges between $100 to $220 per month.I look forward to double that after findings.I`ll not forget the meetings, forums and even farmers shows I qualified to attend in the last few weeks. I believe my business is likely to attract more consumers thereby increasing my chances of participating in farmer’s forum. Thanks in advance to those loyal lenders who shall consider my humble request to boost my business. Be blessed.
Feedback
Positive
3
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$539.00
Date disbursed
Jul 9, 2014
Repayment status
Late
Projected term
60 months
Other loans
Lenders
Sarasota// Phnom Penh, United States
San Jose, United States
Madrid, Spain
Republic of Korea
Sweden
Australia
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Summary
Amount repaid
$60.93
Amount remaining
$787.83
Expected completion
Jun 26, 2019
Status
Repaying late
Installment amount
$3.49
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jul 16, 2014 | $0.00 | ||
| Jul 23, 2014 | $0.00 | ||
| Jul 30, 2014 | $5.81 | Jul 30, 2014 | $5.81 |
| Aug 6, 2014 | $5.81 | Aug 6, 2014 | $5.81 |
| Aug 13, 2014 | $5.81 | Aug 6, 2014 | $0.58 |
| Aug 13, 2014 | $5.23 | ||
| Aug 20, 2014 | $0.00 | ||
| Aug 27, 2014 | $0.00 | ||
| Sep 3, 2014 | $0.00 | ||
| Sep 10, 2014 | $3.49 | Sep 10, 2014 | $3.49 |
| Sep 17, 2014 | $2.79 | Sep 18, 2014 | $2.79 |
| Sep 24, 2014 | $0.00 | ||
| Oct 1, 2014 | $4.65 | Oct 6, 2014 | $4.65 |
| Oct 8, 2014 | $4.65 | Oct 6, 2014 | $1.16 |
| Oct 28, 2014 | $3.49 | ||
| Oct 15, 2014 | $4.65 | Oct 28, 2014 | $4.65 |
| Oct 22, 2014 | $0.00 | ||
| Oct 29, 2014 | $0.00 | ||
| Nov 5, 2014 | $0.00 | ||
| Nov 12, 2014 | $0.00 | ||
| Nov 19, 2014 | $0.00 | ||
| Nov 26, 2014 | $5.81 | Dec 25, 2014 | $5.81 |
| Dec 3, 2014 | $5.81 | Dec 25, 2014 | $5.81 |
| Dec 10, 2014 | $0.58 | Dec 25, 2014 | $0.58 |
| Dec 17, 2014 | $0.00 | ||
| Dec 24, 2014 | $0.00 | ||
| Dec 31, 2014 | $4.65 | Jan 10, 2015 | $4.65 |
| Jan 7, 2015 | $0.58 | Jan 10, 2015 | $0.58 |
| Jan 14, 2015 | $0.00 | ||
| Jan 21, 2015 | $0.00 | ||
| Jan 28, 2015 | $0.00 | ||
| Feb 4, 2015 | $0.00 | ||
| Feb 11, 2015 | $0.00 | ||
| Feb 18, 2015 | $0.00 | ||
| Feb 25, 2015 | $3.49 | Feb 28, 2015 | $3.49 |
| Mar 4, 2015 | $3.49 | Mar 16, 2016 | $2.33 |
| Mar 11, 2015 | $3.49 | ||
| Mar 18, 2015 | $3.49 | ||
| Mar 25, 2015 | $3.49 | ||
| Apr 1, 2015 | $3.49 | ||
| Apr 8, 2015 | $3.49 | ||
| Apr 15, 2015 | $3.49 | ||
| Apr 22, 2015 | $3.49 | ||
| Apr 29, 2015 | $3.49 | ||
| May 6, 2015 | $3.49 | ||
| May 13, 2015 | $3.49 | ||
| May 20, 2015 | $3.49 | ||
| May 27, 2015 | $3.49 | ||
| Jun 3, 2015 | $3.49 | ||
| Jun 10, 2015 | $3.49 | ||
| Jun 17, 2015 | $3.49 | ||
| Jun 24, 2015 | $3.49 | ||
| Jul 1, 2015 | $3.49 | ||
| Jul 8, 2015 | $3.49 | ||
| Jul 15, 2015 | $3.49 | ||
| Jul 22, 2015 | $3.49 | ||
| Jul 29, 2015 | $3.49 | ||
| Aug 5, 2015 | $3.49 | ||
| Aug 12, 2015 | $3.49 | ||
| Aug 19, 2015 | $3.49 | ||
| Aug 26, 2015 | $3.49 | ||
| Sep 2, 2015 | $3.49 | ||
| Sep 9, 2015 | $3.49 | ||
| Sep 16, 2015 | $3.49 | ||
| Sep 23, 2015 | $3.49 | ||
| Sep 30, 2015 | $3.49 | ||
| Oct 7, 2015 | $3.49 | ||
| Oct 14, 2015 | $3.49 | ||
| Oct 21, 2015 | $3.49 | ||
| Oct 28, 2015 | $3.49 | ||
| Nov 4, 2015 | $3.49 | ||
| Nov 11, 2015 | $3.49 | ||
| Nov 18, 2015 | $3.49 | ||
| Nov 25, 2015 | $3.49 | ||
| Dec 2, 2015 | $3.49 | ||
| Dec 9, 2015 | $3.49 | ||
| Dec 16, 2015 | $3.49 | ||
| Dec 23, 2015 | $3.49 | ||
| Dec 30, 2015 | $3.49 | ||
| Jan 6, 2016 | $3.49 | ||
| Jan 13, 2016 | $3.49 | ||
| Jan 20, 2016 | $3.49 | ||
| Jan 27, 2016 | $3.49 | ||
| Feb 3, 2016 | $3.49 | ||
| Feb 10, 2016 | $3.49 | ||
| Feb 17, 2016 | $3.49 | ||
| Feb 24, 2016 | $3.49 | ||
| Mar 2, 2016 | $3.49 | ||
| Mar 9, 2016 | $3.49 | ||
| Mar 16, 2016 | $3.49 | ||
| Mar 23, 2016 | $3.49 | ||
| Mar 30, 2016 | $3.49 | ||
| Apr 6, 2016 | $3.49 | ||
| Apr 13, 2016 | $3.49 | ||
| Apr 20, 2016 | $3.49 | ||
| Apr 27, 2016 | $3.49 | ||
| May 4, 2016 | $3.49 | ||
| May 11, 2016 | $3.49 | ||
| May 18, 2016 | $3.49 | ||
| May 25, 2016 | $3.49 | ||
| Jun 1, 2016 | $3.49 | ||
| Jun 8, 2016 | $3.49 | ||
| Jun 15, 2016 | $3.49 | ||
| Jun 22, 2016 | $3.49 | ||
| Jun 29, 2016 | $3.49 | ||
| Jul 6, 2016 | $3.49 | ||
| Jul 13, 2016 | $3.49 | ||
| Jul 20, 2016 | $3.49 | ||
| Jul 27, 2016 | $3.49 | ||
| Aug 3, 2016 | $3.49 | ||
| Aug 10, 2016 | $3.49 | ||
| Aug 17, 2016 | $3.49 | ||
| Aug 24, 2016 | $3.49 | ||
| Aug 31, 2016 | $3.49 | ||
| Sep 7, 2016 | $3.49 | ||
| Sep 14, 2016 | $3.49 | ||
| Sep 21, 2016 | $3.49 | ||
| Sep 28, 2016 | $3.49 | ||
| Oct 5, 2016 | $3.49 | ||
| Oct 12, 2016 | $3.49 | ||
| Oct 19, 2016 | $3.49 | ||
| Oct 26, 2016 | $3.49 | ||
| Nov 2, 2016 | $3.49 | ||
| Nov 9, 2016 | $3.49 | ||
| Nov 16, 2016 | $3.49 | ||
| Nov 23, 2016 | $3.49 | ||
| Nov 30, 2016 | $3.49 | ||
| Dec 7, 2016 | $3.49 | ||
| Dec 14, 2016 | $3.49 | ||
| Dec 21, 2016 | $3.49 | ||
| Dec 28, 2016 | $3.49 | ||
| Jan 4, 2017 | $3.49 | ||
| Jan 11, 2017 | $3.49 | ||
| Jan 18, 2017 | $3.49 | ||
| Jan 25, 2017 | $3.49 | ||
| Feb 1, 2017 | $3.49 | ||
| Feb 8, 2017 | $3.49 | ||
| Feb 15, 2017 | $3.49 | ||
| Feb 22, 2017 | $3.49 | ||
| Mar 1, 2017 | $3.49 | ||
| Mar 8, 2017 | $3.49 | ||
| Mar 15, 2017 | $3.49 | ||
| Mar 22, 2017 | $3.49 | ||
| Mar 29, 2017 | $3.49 | ||
| Apr 5, 2017 | $3.49 | ||
| Apr 12, 2017 | $3.49 | ||
| Apr 19, 2017 | $3.49 | ||
| Apr 26, 2017 | $3.49 | ||
| May 3, 2017 | $3.49 | ||
| May 10, 2017 | $3.49 | ||
| May 17, 2017 | $3.49 | ||
| May 24, 2017 | $3.49 | ||
| May 31, 2017 | $3.49 | ||
| Jun 7, 2017 | $3.49 | ||
| Jun 14, 2017 | $3.49 | ||
| Jun 21, 2017 | $3.49 | ||
| Jun 28, 2017 | $3.49 | ||
| Jul 5, 2017 | $3.49 | ||
| Jul 12, 2017 | $3.49 | ||
| Jul 19, 2017 | $3.49 | ||
| Jul 26, 2017 | $3.49 | ||
| Aug 2, 2017 | $3.49 | ||
| Aug 9, 2017 | $3.49 | ||
| Aug 16, 2017 | $3.49 | ||
| Aug 23, 2017 | $3.49 | ||
| Aug 30, 2017 | $3.49 | ||
| Sep 6, 2017 | $3.49 | ||
| Sep 13, 2017 | $3.49 | ||
| Sep 20, 2017 | $3.49 | ||
| Sep 27, 2017 | $3.49 | ||
| Oct 4, 2017 | $3.49 | ||
| Oct 11, 2017 | $3.49 | ||
| Oct 18, 2017 | $3.49 | ||
| Oct 25, 2017 | $3.49 | ||
| Nov 1, 2017 | $3.49 | ||
| Nov 8, 2017 | $3.49 | ||
| Nov 15, 2017 | $3.49 | ||
| Nov 22, 2017 | $3.49 | ||
| Nov 29, 2017 | $3.49 | ||
| Dec 6, 2017 | $3.49 | ||
| Dec 13, 2017 | $3.49 | ||
| Dec 20, 2017 | $3.49 | ||
| Dec 27, 2017 | $3.49 | ||
| Jan 3, 2018 | $3.49 | ||
| Jan 10, 2018 | $3.49 | ||
| Jan 17, 2018 | $3.49 | ||
| Jan 24, 2018 | $3.49 | ||
| Jan 31, 2018 | $3.49 | ||
| Feb 7, 2018 | $3.49 | ||
| Feb 14, 2018 | $3.49 | ||
| Feb 21, 2018 | $3.49 | ||
| Feb 28, 2018 | $3.49 | ||
| Mar 7, 2018 | $3.49 | ||
| Mar 14, 2018 | $3.49 | ||
| Mar 21, 2018 | $3.49 | ||
| Mar 28, 2018 | $3.49 | ||
| Apr 4, 2018 | $3.49 | ||
| Apr 11, 2018 | $3.49 | ||
| Apr 18, 2018 | $3.49 | ||
| Apr 25, 2018 | $3.49 | ||
| May 2, 2018 | $3.49 | ||
| May 9, 2018 | $3.49 | ||
| May 16, 2018 | $3.49 | ||
| May 23, 2018 | $3.49 | ||
| May 30, 2018 | $3.49 | ||
| Jun 6, 2018 | $3.49 | ||
| Jun 13, 2018 | $3.49 | ||
| Jun 20, 2018 | $3.49 | ||
| Jun 27, 2018 | $3.49 | ||
| Jul 4, 2018 | $3.49 | ||
| Jul 11, 2018 | $3.49 | ||
| Jul 18, 2018 | $3.49 | ||
| Jul 25, 2018 | $3.49 | ||
| Aug 1, 2018 | $3.49 | ||
| Aug 8, 2018 | $3.49 | ||
| Aug 15, 2018 | $3.49 | ||
| Aug 22, 2018 | $3.49 | ||
| Aug 29, 2018 | $3.49 | ||
| Sep 5, 2018 | $3.49 | ||
| Sep 12, 2018 | $3.49 | ||
| Sep 19, 2018 | $3.49 | ||
| Sep 26, 2018 | $3.49 | ||
| Oct 3, 2018 | $3.49 | ||
| Oct 10, 2018 | $3.49 | ||
| Oct 17, 2018 | $3.49 | ||
| Oct 24, 2018 | $3.49 | ||
| Oct 31, 2018 | $3.49 | ||
| Nov 7, 2018 | $3.49 | ||
| Nov 14, 2018 | $3.49 | ||
| Nov 21, 2018 | $3.49 | ||
| Nov 28, 2018 | $3.49 | ||
| Dec 5, 2018 | $3.49 | ||
| Dec 12, 2018 | $3.49 | ||
| Dec 19, 2018 | $3.49 | ||
| Dec 26, 2018 | $3.49 | ||
| Jan 2, 2019 | $3.49 | ||
| Jan 9, 2019 | $3.49 | ||
| Jan 16, 2019 | $3.49 | ||
| Jan 23, 2019 | $3.49 | ||
| Jan 30, 2019 | $3.49 | ||
| Feb 6, 2019 | $3.49 | ||
| Feb 13, 2019 | $3.49 | ||
| Feb 20, 2019 | $3.49 | ||
| Feb 27, 2019 | $3.49 | ||
| Mar 6, 2019 | $3.49 | ||
| Mar 13, 2019 | $3.49 | ||
| Mar 20, 2019 | $3.49 | ||
| Mar 27, 2019 | $3.49 | ||
| Apr 3, 2019 | $3.49 | ||
| Apr 10, 2019 | $3.49 | ||
| Apr 17, 2019 | $3.49 | ||
| Apr 24, 2019 | $3.49 | ||
| May 1, 2019 | $3.49 | ||
| May 8, 2019 | $3.49 | ||
| May 15, 2019 | $3.49 | ||
| May 22, 2019 | $3.49 | ||
| May 29, 2019 | $3.49 | ||
| Jun 5, 2019 | $3.49 | ||
| Jun 12, 2019 | $3.49 | ||
| Jun 19, 2019 | $3.49 | ||
| Jun 26, 2019 | $5.27 | ||
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