Agribusiness tomato farming

Stephen

Meru, Kenya

100% repaid

Entrepreneur

Name

Stephen

Member since

September 2016

On-time repayments

64 installments  •  48%

About Me

Am Stephen kimathi age 27 having completed my primary school education in year 2006 at meru primary school I attended kanyakine high and Completed my secondary school education int the year 2011. I later joined maseno University to pursue a degree in Agribusiness Management , i have acquired sufficient knowledge in farm management systems to convert subsistence farming into modern agribusiness.

My Business

Tomatoes growing is my major farming activity.have ventured in it cultivation due to demand in the area and it daily requirements among the population... Growing a eighth of hectare of high yield kilele f1 with a cost of ksh10000 average returns is upto ksh80000. I used my portion of returns to reinvest back of the business and rest paid my school fees

Loan Proposal

First let me thank my lenders for funding my past project.if granted the loan i would use it for acquisition of additional dip pipes irrigation. The dip pipes irrigation system will cost up to 200 us dollars, with this kind of an irrigation system the farm accrues several benefits,first the irrigation system will help in reduction of spread of diseases ,Fertilizer and nutrient loss is minimized due to localized application and reduced leaching.
Water application efficiency.The inputs costs are brought to a minimum thus profits is expected to increase unto to 1000 dollars.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$36.00

Date disbursed

Mar 3, 2018

Repayment status

On Time

Projected term

7 months

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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