Name
Rachel
Member since
January 2015
On-time repayments
307 installments • 77%
My full name is Rachel Wanjiru Njuguna. I am married with one son. I grew up on a farm with my 4 siblings. My dad is a farmer and he has been very kind in mentoring me and showing me how to go about farming. I have done potato farming for the last two years. I started with one acre and last year I did two acres.
I have a diploma in marketing management. Apart from farming, I work as an accounts clerk in a hotel.
I started potato farming with my savings. My dad encouraged me to think outside of the box and start farming.
In 2011, I gave birth to my son and I decided to be a stay at home mum until January 2014 so that my son could get the best care. It was not easy because my husband's income was not much. I started saving from the money he left me for daily use. I joined women's groups and this has really helped me to save and support my family.
From this experience, I have become very passionate about women's empowerment and I really encourage the women I interact with to save and work hard. I hope one day to have an organization that supports women.
I do potato farming. Potatoes are always in demand in Kenya. Apart from the french fries which are consumed daily in hotels, potatoes have many other uses. I chose potato farming because, having grown up in a farm, I have seen how farming can change peoples' lives. My dad was able to educate the 5 of us through farming. Farming also has good returns when done properly.
The typical costs in potato farming are: seeds, fertilizer, labour and pesticides. One spends like 35,000 in an acre and you get a profit of 30,000 to 40,000 within 3 months. I use the profit I get in educating my son, for reinvestment and for house expenses.
My plan is to be able to do more than 50 acres with time. I am requesting this loan because I believe I can start small and go very far.
best stock dudu 1 kg-6 dollars
omex 1litre- 9 dollars
zentil 1 litre-14 dollars
ivory 1kg -15 dollars
The loan will help me improve the living condition of my family. I will be able to pay school fees for my son, get good medical cover for my family,decent shelter and a balanced diet. I will also be able to offer help to those in need.
I expect to get a profit of ksh 30,000 per acre in 3 months. am planning to do to acres. i will combine the loan i get with the money i have in order to achieve this.
my name are Rachel wanjiru. I am a farmer and a businesswoman. I am also employed as an accountant.
I am a single mum with one child who is now 8 years old. I separated from my husband 2 years ago and it has not been easy especially financially.
I work Soo hard to provide for my son so that he can have a good education and life in general.
This year has been particularly challenging because of the economic situation in Kenya and also the weather change
The last loan I got really helped me financially. The weather was not good the the crop production was not good.
I also started chicken farming in August and that helped a lot with my financial situation.
This year in January I opened a shoe shop and it has been doing very well.
I also have a monthly salary where I am employed as an accountant.
best stock dudu 1 kg-6 dollars
omex 1litre- 9 dollars
zentil 1 litre-14 dollars
ivory 1kg -15 dollars
The loan will help me improve the living condition of my family. I will be able to pay school fees for my son, get good medical cover for my family,decent shelter and a balanced diet. I will also be able to offer help to those in need.
I expect to get a profit of ksh 30,000 per acre in 3 months. am planning to do to acres. i will combine the loan i get with the money i have in order to achieve this.
Positive
4
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jan 14, 2015
Repayment status
On Time
Projected term
2 months
Other loans
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Amount repaid
$51.06
Amount remaining
$0.00
Date repaid
Mar 29, 2015
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jan 25, 2015 | $5.10 | Jan 25, 2015 | $5.10 |
Feb 1, 2015 | $5.10 | Jan 25, 2015 | $0.01 |
Feb 1, 2015 | $5.09 | ||
Feb 8, 2015 | $5.10 | Feb 8, 2015 | $5.10 |
Feb 15, 2015 | $5.10 | Feb 8, 2015 | $0.01 |
Feb 15, 2015 | $5.09 | ||
Feb 22, 2015 | $5.10 | Feb 15, 2015 | $0.02 |
Feb 22, 2015 | $5.08 | ||
Mar 1, 2015 | $5.10 | Feb 22, 2015 | $0.01 |
Mar 1, 2015 | $5.09 | ||
Mar 8, 2015 | $5.10 | Mar 8, 2015 | $5.10 |
Mar 15, 2015 | $5.10 | Mar 8, 2015 | $0.01 |
Mar 15, 2015 | $5.09 | ||
Mar 22, 2015 | $5.10 | Mar 15, 2015 | $0.01 |
Mar 22, 2015 | $5.09 | ||
Mar 29, 2015 | $5.15 | Mar 22, 2015 | $0.01 |
Mar 29, 2015 | $5.13 |
Katja Mar 29, 2017
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