China chapaa

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

In future, I hope to be able to increase and qualify for a bigger loan.
I hope to be able to do this by making timely repayment .
But for now I will use the money disbursed to cater for utilities .
I will use it to pay up my telephone expense

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$4.00

Date disbursed

Aug 4, 2017

Repayment status

On Time

Projected term

5 weeks

Lenders

Paul Buchheit

Mountain View, United States

Ask Winnie a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...