Mushroom farming

Rachel

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Rachel

Member since

October 2016

On-time repayments

120 installments  •  32%

About Me

My names are Rachel Mumbi. Am a single mother of three children 7 years, 5 years and 3 years respectively. I started mushroom farming when I left my marriage in end of 2014. It was a challenge for me with four mouths to feed and without support.
I have had ruthless people who wanted to bring my business down after partnering up with them, but glory to God am a fighter. I got up and still in the fight, my kids are my inspiration to hold on and work harder.
All I want is someone to have a little faith in me and trust that I can do it. My future plans years down the line is to one day have a company where I will be an exporter to supply different kinds of mushrooms all over the world.

My Business

I first learned of mushroom farming from a program on the Television. Then I was working as a graphic designer and my pay was too little. So I went for my training and later on did my market research where I learned about my buyers way before I started farming.
That really helped knowing I would be able to meet my daily orders and since its a very perishable food item I would have no trouble selling them off. I left my job in 2015 and started my farming.
I believe mushroom farming is an empire of wealth waiting to be well tapped. I can not regret venturing in mushroom farming because I can afford the necessities for my children. I only need a little help to move to the next level, buy equipment and tanks, fence the space I have rented out and buy more stock.

Loan Proposal

I plan to fence the piece of land I farm for more privacy $250, make a colonizing house to keep my bags in, the concrete house I use is too cold yet lot of warmth is needed in this stage $200. Make a big drum for steaming my hay at least 25-30 bales at a go, that would be of so much help $150. the rest of the money I will buy materials (hay, seeds, wheat bran and labour).
Financial stability in a family is very important, in that my children and the people I hire can have a comfortable life, (food, shelter, clothing and education).
My profit margin in the first month will be 50% increase and gradually increase in due time.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$1,007.00

Date disbursed

Oct 31, 2016

Repayment status

On Time

Projected term

19 months

Lenders

The Zinc Team

San Francisco, United States

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Summary

Amount repaid

$1,007.31

Amount remaining

$0.00

Date repaid

Nov 2, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Nov 11, 2016 $12.09 Oct 31, 2016 $5.04
Nov 2, 2016 $7.05
Nov 18, 2016 $12.09 Nov 2, 2016 $12.09
Nov 25, 2016 $12.09 Nov 2, 2016 $12.09
Dec 2, 2016 $12.09 Nov 2, 2016 $12.09
Dec 9, 2016 $12.09 Nov 2, 2016 $12.09
Dec 16, 2016 $12.09 Nov 2, 2016 $12.09
Dec 23, 2016 $12.09 Nov 2, 2016 $12.09
Dec 30, 2016 $12.09 Nov 2, 2016 $12.09
Jan 6, 2017 $12.09 Nov 2, 2016 $12.09
Jan 13, 2017 $12.09 Nov 2, 2016 $12.09
Jan 20, 2017 $12.09 Nov 2, 2016 $12.09
Jan 27, 2017 $12.09 Nov 2, 2016 $12.09
Feb 3, 2017 $12.09 Nov 2, 2016 $12.09
Feb 10, 2017 $12.09 Nov 2, 2016 $12.09
Feb 17, 2017 $12.09 Nov 2, 2016 $12.09
Feb 24, 2017 $12.09 Nov 2, 2016 $12.09
Mar 3, 2017 $12.09 Nov 2, 2016 $12.09
Mar 10, 2017 $12.09 Nov 2, 2016 $12.09
Mar 17, 2017 $12.09 Nov 2, 2016 $12.09
Mar 24, 2017 $12.09 Nov 2, 2016 $12.09
Mar 31, 2017 $12.09 Nov 2, 2016 $12.09
Apr 7, 2017 $12.09 Nov 2, 2016 $12.09
Apr 14, 2017 $12.09 Nov 2, 2016 $12.09
Apr 21, 2017 $12.09 Nov 2, 2016 $12.09
Apr 28, 2017 $12.09 Nov 2, 2016 $12.09
May 5, 2017 $12.09 Nov 2, 2016 $12.09
May 12, 2017 $12.09 Nov 2, 2016 $12.09
May 19, 2017 $12.09 Nov 2, 2016 $12.09
May 26, 2017 $12.09 Nov 2, 2016 $12.09
Jun 2, 2017 $12.09 Nov 2, 2016 $12.09
Jun 9, 2017 $12.09 Nov 2, 2016 $12.09
Jun 16, 2017 $12.09 Nov 2, 2016 $12.09
Jun 23, 2017 $12.09 Nov 2, 2016 $12.09
Jun 30, 2017 $12.09 Nov 2, 2016 $12.09
Jul 7, 2017 $12.09 Nov 2, 2016 $12.09
Jul 14, 2017 $12.09 Nov 2, 2016 $12.09
Jul 21, 2017 $12.09 Nov 2, 2016 $12.09
Jul 28, 2017 $12.09 Nov 2, 2016 $12.09
Aug 4, 2017 $12.09 Nov 2, 2016 $12.09
Aug 11, 2017 $12.09 Nov 2, 2016 $12.09
Aug 18, 2017 $12.09 Nov 2, 2016 $12.09
Aug 25, 2017 $12.09 Nov 2, 2016 $12.09
Sep 1, 2017 $12.09 Nov 2, 2016 $12.09
Sep 8, 2017 $12.09 Nov 2, 2016 $12.09
Sep 15, 2017 $12.09 Nov 2, 2016 $12.09
Sep 22, 2017 $12.09 Nov 2, 2016 $12.09
Sep 29, 2017 $12.09 Nov 2, 2016 $12.09
Oct 6, 2017 $12.09 Nov 2, 2016 $12.09
Oct 13, 2017 $12.09 Nov 2, 2016 $12.09
Oct 20, 2017 $12.09 Nov 2, 2016 $12.09
Oct 27, 2017 $12.09 Nov 2, 2016 $12.09
Nov 3, 2017 $12.09 Nov 2, 2016 $12.09
Nov 10, 2017 $12.09 Nov 2, 2016 $12.09
Nov 17, 2017 $12.09 Nov 2, 2016 $12.09
Nov 24, 2017 $12.09 Nov 2, 2016 $12.09
Dec 1, 2017 $12.09 Nov 2, 2016 $12.09
Dec 8, 2017 $12.09 Nov 2, 2016 $12.09
Dec 15, 2017 $12.09 Nov 2, 2016 $12.09
Dec 22, 2017 $12.09 Nov 2, 2016 $12.09
Dec 29, 2017 $12.09 Nov 2, 2016 $12.09
Jan 5, 2018 $12.09 Nov 2, 2016 $12.09
Jan 12, 2018 $12.09 Nov 2, 2016 $12.09
Jan 19, 2018 $12.09 Nov 2, 2016 $12.09
Jan 26, 2018 $12.09 Nov 2, 2016 $12.09
Feb 2, 2018 $12.09 Nov 2, 2016 $12.09
Feb 9, 2018 $12.09 Nov 2, 2016 $12.09
Feb 16, 2018 $12.09 Nov 2, 2016 $12.09
Feb 23, 2018 $12.09 Nov 2, 2016 $12.09
Mar 2, 2018 $12.09 Nov 2, 2016 $12.09
Mar 9, 2018 $12.09 Nov 2, 2016 $12.09
Mar 16, 2018 $12.09 Nov 2, 2016 $12.09
Mar 23, 2018 $12.09 Nov 2, 2016 $12.09
Mar 30, 2018 $12.09 Nov 2, 2016 $12.09
Apr 6, 2018 $12.09 Nov 2, 2016 $12.09
Apr 13, 2018 $12.09 Nov 2, 2016 $12.09
Apr 20, 2018 $12.09 Nov 2, 2016 $12.09
Apr 27, 2018 $12.09 Nov 2, 2016 $12.09
May 4, 2018 $12.09 Nov 2, 2016 $12.09
May 11, 2018 $12.09 Nov 2, 2016 $12.09
May 18, 2018 $12.09 Nov 2, 2016 $12.09
May 25, 2018 $12.09 Nov 2, 2016 $12.09
Jun 1, 2018 $12.09 Nov 2, 2016 $12.09
Jun 8, 2018 $12.09 Nov 2, 2016 $12.09
Jun 15, 2018 $4.03 Nov 2, 2016 $4.03

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