Name
Joshua
Member since
June 2015
On-time repayments
105 installments • 84%
I am Joshua Mkara. I was born in Uasin Gishu County,in Eldoret ,kamukunji Estate in 1976.As usual, i started my elementary education in Kamukunji in a government school.
There were little hurdles along the way but finally i managed to finish class eight. I was supposed to proceed to secondary school even though i did not manage. I was born amongst many children and therefore my parents were not in a position to fund the education of all of us.Apart from the inadequacy of the finances,in my culture ,only the first born has a right to receive support from the parents.I therefore resorted to seeking employment in the local milk textile industry.
I have engaged in active employment for seven year .I then decided to run a small retail shop and do little farming from the savings i had . I have now decide to venture into large scale farming.
I also run itinerary shop that will also contribute partly to the funding of this farming venture. The reason why i do this is to cusson my daily family needs that cannot wait for the quarterly harvest of maize.Currently i have who are ding well in their education and they intend to do medicine in the University when they grow up.
My hobby is reading books and travelling . I also like watching movies and football.
Given that I hail from a farming background,i do farming as an agribusiness for food security and selling. since i have inherited five acres from my grandfather,i will not need to lease land.
i intend to do maize farming in this parcel of land.Maize being a staple food in this place,it has a high demand .Virtually in every household, maize is consumed on a daily basis.Some people boil maize mixed with beans to eat,others grind it into flour and used to make bread,Others roast maize or boil it while still in the cobs and it is eaten raw.
I chose to plant maize to provide food security to the community around. Maize is also easy to manage because it does need heavy rainfall and alot of farming inputs.
The costs that i will incur in maize planting include the following:
Cost of ploughing -10000
Seed(40kg)@400 -16000
Fertilizer -4000
Top dressing -8000
Harvesting cost -10000
Total -50000.
The total amount for this endeavor is 50000,this is an extra of about twelve thousand that i will fund my savings from the previous endeavors.
The proceeds from this venture will be spent as follows: Payments of the school fees for my kids ,taking care of my parents who depend on me entirely,reinvesting in the next seasons farming
when i get this money ,my first activity will be to hire plough men.The ploughing costs will amount to $.100. Having done this ,i will buy 40kg of seeds @ $ 4 totaling to $.160. i will buy 40kg fertilizer@$.1 totaling to $. 40. I will use $ 80 for top dressing ,then the harvesting costs will be $.100. This will totaling to $. 500. The extra $.120 will be generated from my little shop.
When this project is fully implemented,i will harvest an average of 200 bags of maize that i can sell to the community to avert the hunger that strikes our people during drought.
Financial freedom is the desire of every person and this is certainly going to give me financial freedom . i will feed my family well and my parents without straining. If i sell the 200 bags each at @30, i will get a total of $6000. The profit will be the school fees for my children and also sponsor other kid from the community that may not be able to access education.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$385.00
Date disbursed
Dec 7, 2016
Repayment status
Late
Projected term
64 months
Other loans
Amount repaid
$59.43
Amount remaining
$325.70
Expected completion
Oct 3, 2017
Status
Repaying late
Installment amount
$42.80
Expected Payments | Actual Payments | ||
---|---|---|---|
Dec 20, 2016 | $4.03 | Dec 11, 2016 | $4.03 |
Dec 27, 2016 | $4.03 | Dec 18, 2016 | $4.03 |
Jan 3, 2017 | $4.03 | Jan 15, 2017 | $4.03 |
Jan 10, 2017 | $4.03 | Jan 15, 2017 | $4.03 |
Jan 17, 2017 | $4.03 | Jan 15, 2017 | $4.03 |
Jan 24, 2017 | $4.03 | Jan 15, 2017 | $4.03 |
Jan 31, 2017 | $4.03 | Jan 15, 2017 | $4.03 |
Feb 7, 2017 | $4.03 | Feb 7, 2017 | $4.03 |
Feb 14, 2017 | $4.03 | Feb 7, 2017 | $4.03 |
Feb 21, 2017 | $0.00 | ||
Feb 28, 2017 | $0.00 | ||
Mar 7, 2017 | $0.00 | ||
Mar 14, 2017 | $0.00 | ||
Mar 21, 2017 | $0.00 | ||
Mar 28, 2017 | $0.00 | ||
Apr 4, 2017 | $0.00 | ||
Apr 11, 2017 | $0.00 | ||
Apr 18, 2017 | $1.01 | Apr 16, 2017 | $1.01 |
Apr 25, 2017 | $1.01 | Apr 23, 2017 | $1.01 |
May 2, 2017 | $1.01 | May 3, 2017 | $1.01 |
May 9, 2017 | $1.01 | May 9, 2017 | $1.01 |
May 16, 2017 | $1.01 | May 16, 2017 | $1.01 |
May 23, 2017 | $1.01 | May 31, 2017 | $1.01 |
May 30, 2017 | $1.01 | May 31, 2017 | $1.01 |
Jun 6, 2017 | $1.01 | Jun 5, 2017 | $1.01 |
Jun 13, 2017 | $1.01 | Jun 11, 2017 | $1.01 |
Jun 20, 2017 | $1.01 | Jun 21, 2017 | $1.01 |
Jun 27, 2017 | $1.01 | Jun 25, 2017 | $1.01 |
Jul 4, 2017 | $1.01 | Jul 4, 2017 | $1.01 |
Jul 11, 2017 | $1.01 | Jul 9, 2017 | $1.01 |
Jul 18, 2017 | $1.01 | Jul 18, 2017 | $1.01 |
Jul 25, 2017 | $1.01 | Jul 26, 2017 | $1.01 |
Aug 1, 2017 | $1.01 | Aug 2, 2017 | $1.01 |
Aug 8, 2017 | $1.01 | Aug 7, 2017 | $1.01 |
Aug 15, 2017 | $42.80 | Aug 13, 2017 | $1.01 |
Mar 5, 2022 | $1.01 | ||
Mar 6, 2022 | $1.01 | ||
Mar 8, 2022 | $3.02 | ||
Aug 22, 2017 | $42.80 | ||
Aug 29, 2017 | $42.80 | ||
Sep 5, 2017 | $42.80 | ||
Sep 12, 2017 | $42.80 | ||
Sep 19, 2017 | $42.80 | ||
Sep 26, 2017 | $42.80 | ||
Oct 3, 2017 | $32.14 |
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