Name
Moraa
Member since
October 2014
On-time repayments
13 installments • 46%
My name is Andrey Moraa born in a family of ten. I went to a local primary school called Mayenje primary school. I passed with flying colors and secured a scholarship in high school. I worked hard in school and my efforts saw me through education unlike my siblings. I later went to a medical training institute where i trained as a nurse. I completed my training and am yet to be employed.
I started banana farming to supplement my education funding. i used the revenues to fund almost half of my fees. Being in a community with high cultural value for bananas, i got an advantage to promote my banana farming. My child is exited with farming and she always dream of being a teacher in future. I often use my past time in educating my community on how to cultivate bananas of high quality as well as to value girl child education.
My business involves providing ripe bananas to my clients.I grow the bananas in quarter of an acre my mother owns.The venture is viable ,but I am financially constrained and so can not save enough money for expansion.
In my community bananas are the staple food hence demand far outweighs the supply.I always ensure i add manure in farm and add organic manure to ensure i get good ,healthy and admirable banana fruits.
I choose this business ,because the demand for banana fruits is high and that means more revenues and profits.The banana tree also mature fast and is less time consuming and therefore i could get time to study.
I spend $40 on farm maintenance,in a good month I make $150 profit.
I use my money to pay for my fees and take care of my siblings and my elderly parents.I also save some money for my expansion plan underway.
Hello ladies and gentlemen,my name is Moraa Andrea,a banana farmer.I am requesting for a loan to help me execute my banana farm expansion plan.I will use the money to add 50 tissue culture bananas in my farm expected to cover quarter an acre. I will really appreciate you assistance that will help me realize my dream.Thank you in advance
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Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Nov 14, 2014
Repayment status
On Time
Projected term
6 weeks
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