Expand my vegetable farm

Dorothy Mbaka

Meru, Kenya

100% repaid

Entrepreneur

Name

Dorothy Mbaka

Location

Meru, Kenya

On-time repayments

48 weekly installments  •  52%

About Me

Hello I'm a business woman, I started on a local grocery 30years ago and it helps me pay school fee for my five kids. I also Daily farming where I have a dairy cow, 2 goat and several chicken. More to that I have my land where I cultivate on my own. I also have a tea farm where I sell a get money every end month.

My Business

I get money from selling vegetables some from home and others bought in wholesale then I sell in retail. I also sell milk from my cow every morning and evening which is approximately 10 litres per day. 1l = 28ks currently I have a nursery seed bed which has over 15000 seedlings ready to be transplanted in 8days from now.

Loan Proposal

Helloo, from the previous loan I have 50 chicken now, I have a seedling project with about 15000 seedlings which i will be selling next two weeks. I want to expand my vegetable farm and also increase the market cover up. I will also buy some feeds for my dairy cow. I will also add some horse pipes for irrigation

Income Source

COVID-19 has highly affected my business. It has been three months since the country was put under lockdown. The first month was tough but the second month we started a new normal of selling farm products at home.The government has also increased working hours and for sure I have adapted the new normal. I feel like everything is just alright.

Feedback

1

None

None

  • Sabrina    Aug 1, 2020

    Thanks a lot for repaying the loan even before it was due! Good luck with all your projects.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$94.90

Date disbursed

Jun 12, 2020

Repayment status

On Time

Projected term

3 weeks

Cost to entrepreneur

Service fee: 10% of $94.90 = $8.53

Credit risk payment: $8.53

Lenders

MarktheMormon

Sandy, Utah, United States

Anna Hoad

Toronto, Canada

JR

Jose Ramirez

World, Spain

DK

Daniel Kalla

Saint Paul, United States

M

Mirko

Yugoslavia

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