Fertilizer to top dress potato crop and improve yield
Rachel
Nakuru, Kenya
100% repaid
Entrepreneur
Name
Rachel
Member since
January 2015
On-time repayments
307 installments • 77%
About Me
My full name is Rachel Wanjiru Njuguna. I am married with one son. I grew up on a farm with my 4 siblings. My dad is a farmer and he has been very kind in mentoring me and showing me how to go about farming. I have done potato farming for the last two years. I started with one acre and last year I did two acres.
I have a diploma in marketing management. Apart from farming, I work as an accounts clerk in a hotel.
I started potato farming with my savings. My dad encouraged me to think outside of the box and start farming.
In 2011, I gave birth to my son and I decided to be a stay at home mum until January 2014 so that my son could get the best care. It was not easy because my husband's income was not much. I started saving from the money he left me for daily use. I joined women's groups and this has really helped me to save and support my family.
From this experience, I have become very passionate about women's empowerment and I really encourage the women I interact with to save and work hard. I hope one day to have an organization that supports women.
My Business
I do potato farming. Potatoes are always in demand in Kenya. Apart from the french fries which are consumed daily in hotels, potatoes have many other uses. I chose potato farming because, having grown up in a farm, I have seen how farming can change peoples' lives. My dad was able to educate the 5 of us through farming. Farming also has good returns when done properly.
The typical costs in potato farming are: seeds, fertilizer, labour and pesticides. One spends like 35,000 in an acre and you get a profit of 30,000 to 40,000 within 3 months. I use the profit I get in educating my son, for reinvestment and for house expenses.
My plan is to be able to do more than 50 acres with time. I am requesting this loan because I believe I can start small and go very far.
Loan Proposal
Its very important for every farmer to top dress their crop in order to increase the chances of having a very good harvest.
am requesting for a 2nd loan in order to buy fertilizer to top dress the potatoes. For the 3 acres I will need to buy 3 bags of DAP and 3 bags of UREA.
3 bags of DAP. - 28 dollars
3bags of UREA - 26 dollars
About Me
my name are Rachel wanjiru. I am a farmer and a businesswoman. I am also employed as an accountant.
I am a single mum with one child who is now 8 years old. I separated from my husband 2 years ago and it has not been easy especially financially.
I work Soo hard to provide for my son so that he can have a good education and life in general.
This year has been particularly challenging because of the economic situation in Kenya and also the weather change
My Business
The last loan I got really helped me financially. The weather was not good the the crop production was not good.
I also started chicken farming in August and that helped a lot with my financial situation.
This year in January I opened a shoe shop and it has been doing very well.
I also have a monthly salary where I am employed as an accountant.
Loan Proposal
Its very important for every farmer to top dress their crop in order to increase the chances of having a very good harvest.
am requesting for a 2nd loan in order to buy fertilizer to top dress the potatoes. For the 3 acres I will need to buy 3 bags of DAP and 3 bags of UREA.
3 bags of DAP. - 28 dollars
3bags of UREA - 26 dollars
Feedback
Positive
4
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$121.00
Date disbursed
Apr 21, 2015
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
Republic of Korea
United Kingdom
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Summary
Amount repaid
$127.21
Amount remaining
$0.00
Date repaid
Aug 22, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 3, 2015 | $5.52 | May 3, 2015 | $5.52 |
| May 10, 2015 | $5.52 | May 3, 2015 | $0.03 |
| May 10, 2015 | $5.49 | ||
| May 17, 2015 | $5.52 | May 10, 2015 | $0.07 |
| May 17, 2015 | $5.46 | ||
| May 24, 2015 | $5.52 | May 17, 2015 | $0.10 |
| May 24, 2015 | $5.42 | ||
| May 31, 2015 | $5.52 | May 24, 2015 | $0.13 |
| May 30, 2015 | $5.39 | ||
| Jun 7, 2015 | $5.52 | May 30, 2015 | $0.11 |
| Jun 6, 2015 | $5.41 | ||
| Jun 14, 2015 | $5.52 | Jun 6, 2015 | $0.14 |
| Jun 12, 2015 | $5.38 | ||
| Jun 21, 2015 | $5.52 | Jun 12, 2015 | $0.18 |
| Jun 21, 2015 | $5.34 | ||
| Jun 28, 2015 | $5.52 | Jun 21, 2015 | $0.21 |
| Jun 28, 2015 | $5.31 | ||
| Jul 5, 2015 | $5.52 | Jun 28, 2015 | $0.24 |
| Jun 30, 2015 | $3.11 | ||
| Jul 1, 2015 | $2.17 | ||
| Jul 12, 2015 | $5.52 | Jul 1, 2015 | $0.28 |
| Jul 11, 2015 | $5.24 | ||
| Jul 19, 2015 | $3.33 | Jul 14, 2015 | $3.33 |
| Jul 26, 2015 | $7.78 | Jul 18, 2015 | $2.22 |
| Jul 26, 2015 | $5.56 | ||
| Aug 2, 2015 | $7.78 | Jul 31, 2015 | $6.67 |
| Aug 3, 2015 | $1.11 | ||
| Aug 9, 2015 | $7.78 | Aug 8, 2015 | $7.78 |
| Aug 16, 2015 | $7.78 | Aug 15, 2015 | $7.78 |
| Aug 23, 2015 | $7.78 | Aug 19, 2015 | $1.33 |
| Aug 20, 2015 | $6.44 | ||
| Aug 30, 2015 | $7.78 | Aug 20, 2015 | $7.78 |
| Sep 6, 2015 | $7.78 | Aug 20, 2015 | $7.78 |
| Sep 13, 2015 | $8.69 | Aug 20, 2015 | $0.22 |
| Aug 22, 2015 | $8.47 | ||
Katja Mar 29, 2017
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