Mushrooms for a medical purposes

Rachel

Nairobi, Kenya

15% 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

Hi,
Thank you for the time to read this. I plan to have mushrooms at a large scale and rent more rooms for growing to cover the orders I have been receiving.
With this I will be able to employe two permanent casual labourers thus improving their lives.
I project a profit of 20-25% margin.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,191.00

Date disbursed

Oct 6, 2017

Repayment status

Late

Projected term

27 months

Lenders

PG

Paul Graham

United States

Carlo Cruz

Cincinnati, OH, United States

Craig Newmark

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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