Name
David
Member since
July 2018
On-time repayments
4 installments • 75%
Being born and raised in a Kenyan rural setting means that agriculture would part and parcel of your family activities. From this humble beginnings, I pursued studies in the field of finance with intense interest on how to improve our community. Nonetheless, through exposure and experience, it dawned to me that Agriculture gives a perfect platform for one to impact a larger demographic area and thereby achieve the desired development goals at a considerable scale.
The focus here is to raise the living standard of families by increasing the purchasing power of women; who comprise 90% of the work force.
In the past 3 years I have been able to setup a thriving Eggs Distribution business. This venture is located in the coastal region of Kenya where very few farmers carry out poultry farming hence a I noticed a substantial market for eggs. By managing the logistics involved in Sales and Distribution while fishing for numerous opportunities through a High sense of creativity and Inventiveness, we have achieved notable growth.
The typical costs are transport and labor that take 6.8% of our sales revenue.
The retained profits are directly reinvested in the growing business by steadily increasing stock inventory in-order to meet the ever growing market demand.
Obtain organic fertilizer and carry out manual weed control in order to increase crop health while maintaining my Organic Farm Concept.
Positive
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Neutral
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Project Type
Classic Loan
Disbursed amount
$1.00
Date disbursed
Jul 7, 2018
Repayment status
On Time
Projected term
1 week
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