Beehives

Francis

Nairobi, Kenya

Expired

$0 to go

100% funded of $321 goal

0

days left

Entrepreneur

Name

Francis

Member since

April 2017

On-time repayments

128 installments  •  51%

About Me

my name is francis itengo omongoluk and i am interested in your services. I went to kakapel primary school in western Kenya where i completed my primary education. Life was not so easy that time whereby i used to walk several kilometers every morning to school. you can imagine walking that long bear foot with too much cold in my mountain location. My focus in life and hard work propelled me to completing my primary education. I managed to pass well and emerged the first in my school and i went to kolanya boys high school for my secondary education. I worked hard and also managed to complete secondary education. After high school i never wanted to stay idle after lacking money to go to college. I had to look for some job to do to earn a living. I landed a small job in a private security firm and that is what i have been depending upon to support me financially. i saved some money monthly till it was enough to buy some groceries for sale and that is how my small business came up.

My Business

I sell groceries to the people around my locality. I decided to sell groceries because i came to learn that they are the ones on daily use in many households. i chose to deal with these goods because they are readily available all year long in the market. I use some of the profits other house needs and i spare some for business growth.
From the grocery business I have been doing I am glad to say that I discovered a new business opportunity and that is beekeeping. I decided to spare some cash from my business in addition to the loan I received from zidisha and managed to purchase some beehives. I currently have ten beehives in my apiary. With the harvest coming from the beehives I am sure my revenue will increase.

Loan Proposal

With this loan i plan to purchase seven (7) more beehives for my apiary as I look forward for more income. I have realized that by adding more beehives, it is an investment that will enable me earn more in the near future when all of then will colonize. Beekeeping is so beneficial to me as well as others. This is because bees in as much as I get honey and money, they also help in crop pollination. Therefore, the more bees i will keep, the more money i will earn and the more crop production. With the increase in harvest in the near future, I expect my profit to increase by up to 5%.

Income Source

I understand that with the current economic climate many businesses are having it rough to make sales. On my part I intend to work tirelessly to make sure i make it through during this difficult moments. I will double between my grocery sales and the beekeeping whereby I will combine the income from the two ventures to make sure that I raise enough to enable me repay my loan. I am sure the t in the near future I wont be struggling in terms of repaying the loan when the beekeeping part stabilizes.

Feedback

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Loan Info

Project Type

Classic Loan

Amount requested

$321.00

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