I plan to use the zidisha loans to acquire one extra acre of land. the cost of hiring land is sh. 5000 per acre per year...

Judith

Keringet, Nakuru, Kenya

100% repaid

Entrepreneur

Name

Judith

Member since

January 2014

On-time repayments

116 installments  •  34%

About Me

I am a hardworking lady, married and with a child. I was born and raised in Olenguruone but I now live in Keringet, Nakuru County. I went to Morop Girls Secondary School for my Kenya Certificate of Secondary School. I was brought up in a Christian setup and I have a strong a strong believe in Christian values. Keringet is a good place for agriculture because of its favorable climate. The area receives good rains and dry season hardly affects the crop production. Among the crops grown here are potatoes, maize, kales, vegetables, pyrethrum and peas. The place also has good infrastructure: there is a road enabling use access to access the nearest major towns like Nakuru and Kericho. Government offices are easily accessible because Keringet is the headquarters of Kuresoi District. It holds a major market place in the region.

My Business

I have taken advantage of various benefits Keringet offers. I have ventured into agriculture and although I am still growing in it I see myself making considerable steps in the next few years. The fertile soil coupled with good weather conditions all year round motivated me to do crop farming. This is something that is not done by many in the area despite being in high demand. I do plant kales, cabbages, onions and potatoes. I also have a cow that produces 10 litres of milk daily. I like doing this type of farming because I make money at the convenience of my home. I easily sell the crops, except potatoes, locally to those who go and sell at retail price. For the potatoes, they are ready to be harvested after 3 months and an acre produces over 40 sacks. A sack goes for Sh. 3000 on average. To plant an acre of Potatoes requires a minimum of Sh. 50000. On average, on a good month, I get a profit of Sh. 30000. The main challenge with crop farming here is frost due to temperatures which go down. This doesn’t come often though. Which the Zidisha loans I hope to turn my farming to large scale one. Thank you for all the lenders who will help see this dream.

Loan Proposal

I have ventured into agriculture and although I am still growing in it I see myself making considerable steps in the next few years. The fertile soil coupled with good weather conditions all year round motivated me to do crop farming. This is something that is not done by many in the area despite being in high demand. I do plant kales, cabbages, onions and potatoes. I plan to use the Zidisha loans to acquire one extra acre of land for the same purpose. The cost of hiring land is Sh. 5000 per acre per year. The remaining Sh. 6000 will be used to buy the seeds and fertilizers for the said crops. This will help me supply more of these to the market. Thank you to all the Zidisha lenders.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Feb 12, 2014

Repayment status

On Time

Projected term

10 months

Other loans

Lenders

G

Gastao

Covilhã, Portugal

Scott

Oregon, United States

FriendinOregon

Hillsboro, Oregon, United States

R

RohitSingh

Montreal, Canada

Matching Fund

Sterling, United States

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Summary

Amount repaid

$156.72

Amount remaining

$0.00

Date repaid

Mar 31, 2014

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Feb 23, 2014 $3.48 Feb 23, 2014 $3.48
Mar 2, 2014 $3.48 Feb 23, 2014 $0.02
Mar 2, 2014 $3.46
Mar 10, 2014 $3.48 Mar 2, 2014 $0.05
Mar 10, 2014 $3.44
Mar 17, 2014 $3.48 Mar 10, 2014 $0.07
Mar 17, 2014 $3.41
Mar 24, 2014 $3.48 Mar 17, 2014 $0.09
Mar 24, 2014 $3.39
Mar 31, 2014 $3.48 Mar 24, 2014 $0.02
Mar 31, 2014 $3.46
Apr 7, 2014 $3.48 Mar 31, 2014 $3.48
Apr 14, 2014 $3.48 Mar 31, 2014 $3.48
Apr 21, 2014 $3.48 Mar 31, 2014 $3.48
Apr 28, 2014 $3.48 Mar 31, 2014 $3.48
May 5, 2014 $3.48 Mar 31, 2014 $3.48
May 12, 2014 $3.48 Mar 31, 2014 $3.48
May 19, 2014 $3.48 Mar 31, 2014 $3.48
May 26, 2014 $3.48 Mar 31, 2014 $3.48
Jun 2, 2014 $3.48 Mar 31, 2014 $3.48
Jun 9, 2014 $3.48 Mar 31, 2014 $3.48
Jun 16, 2014 $3.48 Mar 31, 2014 $3.48
Jun 23, 2014 $3.48 Mar 31, 2014 $3.48
Jun 30, 2014 $3.48 Mar 31, 2014 $3.48
Jul 7, 2014 $3.48 Mar 31, 2014 $3.48
Jul 14, 2014 $3.48 Mar 31, 2014 $3.48
Jul 21, 2014 $3.48 Mar 31, 2014 $3.48
Jul 28, 2014 $3.48 Mar 31, 2014 $3.48
Aug 4, 2014 $3.48 Mar 31, 2014 $3.48
Aug 11, 2014 $3.48 Mar 31, 2014 $3.48
Aug 18, 2014 $3.48 Mar 31, 2014 $3.48
Aug 25, 2014 $3.48 Mar 31, 2014 $3.48
Sep 1, 2014 $3.48 Mar 31, 2014 $3.48
Sep 8, 2014 $3.48 Mar 31, 2014 $3.48
Sep 15, 2014 $3.48 Mar 31, 2014 $3.48
Sep 22, 2014 $3.48 Mar 31, 2014 $3.48
Sep 29, 2014 $3.48 Mar 31, 2014 $3.48
Oct 6, 2014 $3.48 Mar 31, 2014 $3.48
Oct 13, 2014 $3.48 Mar 31, 2014 $3.48
Oct 20, 2014 $3.48 Mar 31, 2014 $3.48
Oct 27, 2014 $3.48 Mar 31, 2014 $3.48
Nov 2, 2014 $3.48 Mar 31, 2014 $3.48
Nov 9, 2014 $3.48 Mar 31, 2014 $3.48
Nov 16, 2014 $3.48 Mar 31, 2014 $3.48
Nov 23, 2014 $3.48 Mar 31, 2014 $3.48
Nov 30, 2014 $3.48 Mar 31, 2014 $3.48
Dec 7, 2014 $3.48 Mar 31, 2014 $3.48
Dec 14, 2014 $3.48 Mar 31, 2014 $3.48
Dec 21, 2014 $3.48 Mar 31, 2014 $3.48
Dec 28, 2014 $3.48 Mar 31, 2014 $3.48

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