Beautiful trees for tree lawns and compounds

Rutongot

Ndanai, Kenya

13% repaid

Entrepreneur

Name

Rutongot

Member since

June 2014

On-time repayments

76 installments  •  9%

About Me

i am a male aged 21 from a family of seven currently student at masinde muliro university
My parents are both farmers . They depend on growing maize which we use to feed then the rest they sell to gather for our education and other needs. It was because of this that i had to think of a way of getting my own money to see me through my education . In my parent's farm i created a tree nursery which through selling seedling from the nursery bed i got pocket money to spend. I love reading novels and acting out plays , which prompted me to pursue literature in the university . I also write plays and poems at my free time .

My Business

From my tree nursery i sell upto 4000 trees on average . this amounts to a monthly income of 40000 dollars in 3 to four months . I have many customers because i have the best of what they need because i put alot of effort during my holidays in my work , moreso sell to them indegenous trees which are seldomly found currently but to me easy to find because of my nearness to a hill and forest . Most risks that are face i insufficiency of water which is affoidable because i water the seedlings with the water i pump them from a nearby stream . Repaying the loan will be easy for me because in the same piece of land i grow maize of my own while during dry season we harvest dry them and sell.

Loan Proposal

with this loan i will hire a piece of land in which i will create more compost heaps. Here i will have more land to start another green house where i will put up more seed beds of different kinds . this will increase the number of seedlings i will be able to raise each month an approximate of 10000 trees which with this by selling this i will have roughly 100000dollars which will be a great deal for me and my family. I would like support because with this seedlings i will plant some on our unused hill so as to reclaim it with time , also donate some to the community for them to plant so as to conserve our environment .

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Jul 9, 2014

Repayment status

Late

Projected term

18 months

Lenders

SeeMeeFi

Ontario, Canada

Sarasota

Sarasota, Fl, United States

dlpringle

Denver, United States

CMK71

San Francisco, United States

J

JEllerby

United Kingdom

Sputnik

Switzerland

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