Agrosell

Lawrence Otieno

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Lawrence Otieno

Member since

December 2018

On-time repayments

21 installments  •  62%

About Me

Am Lawrence Ouma a business man a Kenyan as well an agriculturalist venturing in mainly crop production and business though still in small scale due to poor financial support but it has a great future in raising the production to a dream limit and am looking forward to moving together to move together with you for the achievent both in agriculture and business.

My Business

My business rotates around livestock production and marketing as well as crop productions and marketing that are mostly produced within but with limited customers due to low exposure to the new products from livestock and crop products especially during this pandemic period

Loan Proposal

This loan is specifically to help in increasing the agriculture stock for instance accessing top dressing fertilizer has become a challenge during this period hence getting the loan will help ensure that the produce gotten is as exprcted irrespective of the current situation worlwidely.Some of the cash is sprcifically to help get the necessary agro chemicals to help in controlling the pests and weeds that might lower the expected produce because there is also delay in the finance sources and upon reception timely payment is assured.

Income Source

The cash to be used is from agricultural sponsorship that is to ensure timely field activities irrespective of the situations.Currently there is a delay in the support most probably because of the pandemic but there is assurance of complete funding in not less than two weeks where all the farm debts and expenses will be fully funded.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$25.38

Date disbursed

May 21, 2020

Repayment status

On Time

Projected term

4 weeks

Cost to entrepreneur

Service fee: $2.13

Credit risk payment: $3.84

Lenders

D

Davieboy

Melbourne, Australia

Jason

Auckland, New Zealand

Joost

Noord Brabant, Netherlands

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