Entrepreneur
Name
Osbon
Member since
February 2015
On-time repayments
62 installments • 42%
About Me
Between me and my wife we have four children , both my wife and i we are from magada village in vihiga constituency, this is where i grew up as a boy, back in those days growing up in the village , i didn't have access to information, my parents passed on while i was very young, i was about 9 years, my brothers and sisters and i we were raised by my uncle and we couldn't have priority over his children,my siblings and i we repeated one class twice because we were being offered help, and as beggars we couldn't refuse otherwise we would end up in the streets, i only finished class 7 while at my uncle's, after this i joined the workforce as a handy man, after i got married my wife and decided to venture in farming and retailing our harvest, this has given me and my children pride.
My Business
My business is purely in the farming category i grow and retail my kunde, managu, terere , sagheti, sweet potatoes, cassava, yarns, i grow them and after we harvest we retail them we have to transport them to the kangemi market. i am in the process of grooming my children to also have knowledge of business, i make 1000 kshs on a daily basis as a flat rate, on a good day i make up to 5000 kshs, depending on the variety and the supply.My profits take care of my children fees, basic needs, maintain my farm by purchasing manure, paying rent of my kiosk.
Loan Proposal
The loan will be used to buy 6 tonnes manure worth 6034 kshs, i treasure my business and its source is the farm i have to maintain it as advised by the agricultural officer from the Kenya agricultural research institute.This is why i only practices organic farming, and rotational, with a fertile land i will get the best harvest, i will used less resources in the long run, those increasing my profits and capital to plant.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Apr 17, 2015
Repayment status
On Time
Projected term
5 months
Other loans
Lenders
Italy
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