A loan to expand my small scale farming business

John

Nakuru, Kenya

13% repaid

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How it Works

Entrepreneur

Name

John

Member since

January 2014

On-time repayments

119 installments • 36%

About Me

I am a dedicated person who believe in me ability to make things happen by starting small for high future prospect. I do personal business. i Started business due to my great passion in seeing things happen originating from inside me. I am a finance graduate which complement my passion to manage my business. maintaining a floating cash flow in business is always the drive behind my been in business.
am brought up in a family background that promote strong personal value and total believe in the power that is within us.

My Business

I do farming business. I grow vegetables, maize and beans. I want to taker a loan to expand my farming business to include farm animals. specifically I want buy layers (chicken). there is a rising demand for chicken and eggs not only in my locality but also outside my region. this is the motivation behind this idea. I also do online articles writing and business plan advisory to various people. this acts as my extra source of income. shall use the proceed that i get from writing online article to repay for the awarded loan. I will also use the proceeds from my vegetables to pay for one portion.

Loan Proposal

The loan will be used to finance buying of spays and irrigating tank. I intend to focus on growing tomatoes in my green house and my current project involve buying a tank than will facilitate irrigation. the tank will be erected meters above the ground in order to provide sufficient pressure to irrigate the whole green house instead of using watering cans. the loan will finance purchase and erecting of this otherwise vital part of my agriculture success story.