China 2018

Winnie

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Winnie

Member since

July 2017

On-time repayments

48 installments  •  27%

About Me

I am a 32 year old.
I am looking for finance aid/ support my Agri business project.

I want to plant sugarcane next coming season(2023) in the month of Feb.

It's my hope that someone will find this project...

My Business

I want to plant sugarcane next coming season (2023).
The total cost estimate for this project is 70,000

1) Leasing of 1 acre piece of land=Ksh 20,000
2) Ploughing= 20,000
3) Fertilizer=14,000
4) Weeding ×2 = 14,000
Project estimated initial cost is Appx 70,000
The project duration will be one year. I expect to harvest atleast 50Tonnes from this piece of land..Each tonne of sugarcane harvested will give me a gross return of between 5,000 to 7,000 Ksh. I.e a gross of around Ksh 300,000

Loan Proposal

Pay for sundry expenses,
I wish I could get a larger loan for Ksh 50,000 so I can grow my business.
I import goods from China in bulk snd sell them to an already available market since most of the shipment is on pre-order basic

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$9.00

Date disbursed

Jan 10, 2018

Repayment status

On Time

Projected term

2 months

Lenders

MarktheMormon

Sandy, Utah, United States

Jonathan Ely

Aldershot, United Kingdom

RM

Roddy Murray

United Kingdom

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