Daniel
Eldoret, Kenya
$0 to go
100% funded of $84 goal
0
days left
Name
Daniel
Member since
September 2016
On-time repayments
15 installments • 40%
my names are Daniel ochieng i was born in the nyanza province a small village called Awasi, i moved to Eldoret town after completing my education, Am married with two children both boys whom are now in their early education.
My father used to work in eldoret this made me to move and join him while studying at the university of eldoret. Am an agriculture graduate and i like farming activities.
After school i decided to focus on farming where i major on beans and maize.
They is demand for maize and beans especially when the produce is less in the market what i do is after harvesting i store the maize i also buy maize from farmers during harvesting season when prices are cheap and store until the prices rise, I sell at a better price and make double profits.
Last year i made 700 us dollars from the business.
The money i use to educate my boys and family upkeep after investing in shares for a farmers Sacco which am a share holder
Granted the loan of 82 us dollars which is equivalent to 8,300 Kenya shillings, i will buy two sacks of beans at 73 us dollars and use 10 us dollars to transport to my buyer, I secured a tender to supply beans to a small boarding primary school in my neighborhood. After selling the beans i will make a profit of 30 us d, I will be using the capital to buy other beans and sell and make 30 us dollars profit after every 4 days.
Thank you.
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Project Type
Classic Loan
Disbursed amount
$84.00
Date disbursed
Nov 11, 2016
Repayment status
Late
Projected term
2 months
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