26 installments • 46%
My name is Deogratius Oteba, from ojamii village, Teso south sub county, Busia county western Kenya. I am the last born in a family of 9 and was raised with grandmother, after my parents passed on while I was 6yrs old. I schooled at the Ojamii primary school and later proceeded chakol secondary school where I completed my secondary Education, but missed university entry point with only three point.
I am currently I leaving with my grandmother, she has given me a small farm where I grow vegetables and sale them to get money to buy my basic needs and take care of her. The business has proven great potential should I get resource to expand it. I grow traditional African vegetables only, and the demand is very high, I always turn down many offers because I don’t have the potential to supply in large scale. Clients prefer my products because they are always fresh and clean. I have always maintained high standard of cleanness and quality so as to always be the most preferred supplier.
From my income I have been able to take care of my bills, and support my grandmother who is terminally ill.
During my free time, I always like playing basket ball and watching soccer. I love my garden and so I spend quite a lot of time working on it. My hobbies include dancing, swimming, socializing and eating.
I am a small commercial farmer, engaging in traditional African vegetables and kales. I provide fresh, and high quality vegetables to my clients.
Clients prefer my vegetables because i dont use fertilizers and therefore they are healthy and safe for consumption.
I choose this venture because it required little start up capital compared to other business.
I spend $50 as production costs each month, (buying seeds and labor) .My monthly revenue is $310 and so in a good month I make a profit of $250.
I use my money for saving to expand business and paying school fees for my siblings. I also contribute towards social welfare of the street children by providing $10 to a nearby children home.
I am requesting for a loan to buy a bicycle to transport my vegetables to the market. The loan will help me cut costs of transporting goods and also increase efficiency. I will utilize the $100 by buying a brand new bicycle for my business. Thank you sir/madam.
Jan 26, 2015