Increasing acreage for tomato farming

Donald

Nakuru, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Donald

Member since

February 2016

On-time repayments

172 installments • 51%

About Me

I'm Donald Kiplagat a family of five,grew up in a humble family.My parents managed to educate me to high school level and hereafter joint polytechnic on welding,where i had to be employed for two years and thereafter become self employed.
Having been raised at a rural place where i had passion in farming, so i started agribusiness to supplement my current business of welding to increase my income.

My Business

I started my business of planting Tomatoes after realizing their was a lot of demand and market within and outside the locality .My biggest challenge has been shortage of money to buy fertilizes and expand the pieces of land. My customers are the community within and those from various regions. In a good month i make profits of up to $ 200 which i invest back to the business 80% and the 20% i use to cater for my family needs.

My goal is to be a prominent in farming and have better life for me and my family in the coming days ahead.

Loan Proposal

If i get the loan i will buy the fertilizes and increase the size of the land at a cost of $205,to plant more Tomatoes and contract few of my community members on the farm work , i will also buy assortment of Agro chemicals for weed and insecticide.
I expect to make a profit increase of upto$300 per month.
I wiil be happy and my profit will increase considerably
Thank you.