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
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$1,191.00
Date disbursed
Oct 6, 2017
Repayment status
Late
Projected term
27 months
Other loans
Lenders
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
Summary
Amount repaid
$180.13
Amount remaining
$1,009.40
Expected completion
Jan 18, 2020
Status
Repaying late
Installment amount
$1.98
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Oct 14, 2017 | $12.87 | Oct 15, 2017 | $12.87 |
| Oct 21, 2017 | $12.87 | Oct 26, 2017 | $12.87 |
| Oct 28, 2017 | $12.87 | Nov 22, 2017 | $12.87 |
| Nov 4, 2017 | $12.87 | Nov 22, 2017 | $12.87 |
| Nov 11, 2017 | $12.87 | Dec 2, 2017 | $12.87 |
| Nov 18, 2017 | $12.87 | Dec 2, 2017 | $12.87 |
| Nov 25, 2017 | $0.00 | ||
| Dec 2, 2017 | $0.00 | ||
| Dec 9, 2017 | $0.00 | ||
| Dec 16, 2017 | $0.00 | ||
| Dec 23, 2017 | $0.00 | ||
| Dec 30, 2017 | $0.00 | ||
| Jan 6, 2018 | $4.95 | Jan 20, 2018 | $4.95 |
| Jan 13, 2018 | $4.95 | Jan 20, 2018 | $4.95 |
| Jan 20, 2018 | $1.98 | Feb 13, 2018 | $1.98 |
| Jan 27, 2018 | $1.98 | Feb 13, 2018 | $1.98 |
| Feb 3, 2018 | $1.98 | Feb 13, 2018 | $1.98 |
| Feb 10, 2018 | $1.98 | Feb 13, 2018 | $1.98 |
| Feb 17, 2018 | $1.98 | Feb 13, 2018 | $1.98 |
| Feb 24, 2018 | $1.98 | Feb 13, 2018 | $1.98 |
| Mar 3, 2018 | $1.98 | Mar 3, 2018 | $1.98 |
| Mar 10, 2018 | $1.98 | Mar 3, 2018 | $1.98 |
| Mar 17, 2018 | $1.98 | Mar 3, 2018 | $1.98 |
| Mar 24, 2018 | $1.98 | Mar 24, 2018 | $1.98 |
| Mar 31, 2018 | $1.98 | Mar 24, 2018 | $1.98 |
| Apr 7, 2018 | $1.98 | Mar 24, 2018 | $1.98 |
| Apr 14, 2018 | $1.98 | Apr 19, 2018 | $1.98 |
| Apr 21, 2018 | $1.98 | Apr 19, 2018 | $1.98 |
| Apr 28, 2018 | $1.98 | Apr 19, 2018 | $1.98 |
| May 5, 2018 | $1.98 | Apr 19, 2018 | $1.98 |
| May 12, 2018 | $1.98 | Jun 30, 2018 | $1.98 |
| May 19, 2018 | $1.98 | Jun 30, 2018 | $1.98 |
| May 26, 2018 | $1.98 | Jun 30, 2018 | $1.98 |
| Jun 2, 2018 | $1.98 | Jun 30, 2018 | $1.98 |
| Jun 9, 2018 | $1.98 | Jun 30, 2018 | $1.98 |
| Jun 16, 2018 | $1.98 | Jun 30, 2018 | $1.98 |
| Jun 23, 2018 | $1.98 | Jun 30, 2018 | $1.98 |
| Jun 30, 2018 | $1.98 | Jun 30, 2018 | $1.98 |
| Jul 7, 2018 | $1.98 | Jun 30, 2018 | $1.98 |
| Jul 14, 2018 | $1.98 | Jun 30, 2018 | $1.98 |
| Jul 21, 2018 | $1.98 | Aug 18, 2018 | $1.98 |
| Jul 28, 2018 | $1.98 | Aug 18, 2018 | $1.98 |
| Aug 4, 2018 | $1.98 | Aug 18, 2018 | $1.98 |
| Aug 11, 2018 | $1.98 | Aug 18, 2018 | $1.98 |
| Aug 18, 2018 | $1.98 | Aug 18, 2018 | $1.98 |
| Aug 25, 2018 | $1.98 | Aug 18, 2018 | $1.98 |
| Sep 1, 2018 | $1.98 | Sep 23, 2018 | $1.98 |
| Sep 8, 2018 | $1.98 | Sep 23, 2018 | $1.98 |
| Sep 15, 2018 | $1.98 | Sep 23, 2018 | $1.98 |
| Sep 22, 2018 | $1.98 | Sep 23, 2018 | $1.98 |
| Sep 29, 2018 | $1.98 | Sep 23, 2018 | $1.98 |
| Oct 6, 2018 | $1.98 | Sep 23, 2018 | $1.98 |
| Oct 13, 2018 | $1.98 | Sep 23, 2018 | $1.98 |
| Oct 20, 2018 | $1.98 | Sep 23, 2018 | $1.98 |
| Oct 27, 2018 | $1.98 | Sep 23, 2018 | $1.98 |
| Nov 3, 2018 | $1.98 | Sep 23, 2018 | $1.98 |
| Nov 10, 2018 | $1.98 | Nov 2, 2018 | $1.98 |
| Nov 17, 2018 | $1.98 | Nov 2, 2018 | $1.98 |
| Nov 24, 2018 | $1.98 | Nov 2, 2018 | $1.98 |
| Dec 1, 2018 | $1.98 | Nov 2, 2018 | $1.98 |
| Dec 8, 2018 | $1.98 | Nov 2, 2018 | $1.98 |
| Dec 15, 2018 | $1.98 | ||
| Dec 22, 2018 | $1.98 | ||
| Dec 29, 2018 | $1.98 | ||
| Jan 5, 2019 | $1.98 | ||
| Jan 12, 2019 | $1.98 | ||
| Jan 19, 2019 | $1.98 | ||
| Jan 26, 2019 | $1.98 | ||
| Feb 2, 2019 | $1.98 | ||
| Feb 9, 2019 | $1.98 | ||
| Feb 16, 2019 | $1.98 | ||
| Feb 23, 2019 | $1.98 | ||
| Mar 2, 2019 | $1.98 | ||
| Mar 9, 2019 | $1.98 | ||
| Mar 16, 2019 | $1.98 | ||
| Mar 23, 2019 | $1.98 | ||
| Mar 30, 2019 | $1.98 | ||
| Apr 6, 2019 | $1.98 | ||
| Apr 13, 2019 | $1.98 | ||
| Apr 20, 2019 | $1.98 | ||
| Apr 27, 2019 | $1.98 | ||
| May 4, 2019 | $1.98 | ||
| May 11, 2019 | $1.98 | ||
| May 18, 2019 | $1.98 | ||
| May 25, 2019 | $1.98 | ||
| Jun 1, 2019 | $1.98 | ||
| Jun 8, 2019 | $1.98 | ||
| Jun 15, 2019 | $1.98 | ||
| Jun 22, 2019 | $1.98 | ||
| Jun 29, 2019 | $1.98 | ||
| Jul 6, 2019 | $1.98 | ||
| Jul 13, 2019 | $1.98 | ||
| Jul 20, 2019 | $1.98 | ||
| Jul 27, 2019 | $1.98 | ||
| Aug 3, 2019 | $1.98 | ||
| Aug 10, 2019 | $1.98 | ||
| Aug 17, 2019 | $1.98 | ||
| Aug 24, 2019 | $1.98 | ||
| Aug 31, 2019 | $1.98 | ||
| Sep 7, 2019 | $1.98 | ||
| Sep 14, 2019 | $1.98 | ||
| Sep 21, 2019 | $1.98 | ||
| Sep 28, 2019 | $1.98 | ||
| Oct 5, 2019 | $1.98 | ||
| Oct 12, 2019 | $1.98 | ||
| Oct 19, 2019 | $1.98 | ||
| Oct 26, 2019 | $1.98 | ||
| Nov 2, 2019 | $1.98 | ||
| Nov 9, 2019 | $1.98 | ||
| Nov 16, 2019 | $1.98 | ||
| Nov 23, 2019 | $1.98 | ||
| Nov 30, 2019 | $1.98 | ||
| Dec 7, 2019 | $1.98 | ||
| Dec 14, 2019 | $1.98 | ||
| Dec 21, 2019 | $1.98 | ||
| Dec 28, 2019 | $1.98 | ||
| Jan 4, 2020 | $1.98 | ||
| Jan 11, 2020 | $1.98 | ||
| Jan 18, 2020 | $896.57 | ||
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