Growing tea

Patrick

Sotik, Kenya

100% repaid

Entrepreneur

Name

Patrick

Member since

October 2017

On-time repayments

14 installments  •  29%

About Me

I am kiplangat patrick chepkwony a graduate of horticulture from Egerton university.
I have been been consulting small scale farmers for the past two year and wish to scale up the business reach more farmers.

My Business

I earn my income through agricultural consulting services i also own an acre of tea farm in my home village which give me an average of 100,000 kshs a year i also do vegetable farming and poultry keeping.

Loan Proposal

Thanks to Zidisha for there relentless efforts, my plan is to diversify to poultry business as an alternative source of income to the tea business I am currently undertaking. I currently have a revolving cash of about 39000 and if I get zidisha loan it will form part of the capital. I would wish to buy 10 layers at 400ksh and spend 5000ksh on food and another 1000ksh on immunization. I have to construct a poultry house at 5000 since I have other construction materials readily available. The total spending will be approximately 15000ksh. It is projected that this will will yield at least 9 eggs every day, if the eggs are sold at 15 ksh each then it give 135ksh a day and about 945 every week. The remaining balance will remain in the tea business which I belief will yield a profit of 3500-5300.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$2.00

Date disbursed

Jan 10, 2018

Repayment status

On Time

Projected term

2 weeks

Lenders

RM

Roddy Murray

United Kingdom

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