Entrepreneur
Name
George
Member since
October 2014
On-time repayments
12 installments • 92%
About Me
My name is George Olubai from Amoni Village,Teso south,I was born in a family of 12, and i was the third born.I went to Amoni Primary school upto class 8.Due to financial constrains I cld not proceed to secondary school,so i ventured into farming and has never looked back.I do my best with meager revenues from the farm to pay for my kids fees so that they may have a better future.
I come from the Iteso community in western Kenya.I love our culture and I am proud to be a Teso,you are welcome home to see for yourself the interesting culture.
My eldest son has always admired farming,he wants to be a farmer just like me but he wants to make it more commercial and adopt latest technology.The second born wants to be a pilot
I love my family and so most of my free time i spend with my two kids teaching and telling them stories.
My Business
I am a commercial farmer dealing with vegetables. This are fast moving consumer goods and the demand is always high throughout the year. I choose this business because it was more profitable and need small capital to start.
I spend about $50 in a month to buy pesticides and labor my monthly revenue is $200.I use my revenue to pay for my children school fees
Loan Proposal
Thanks lenders for my first loan,I have taken quite some time before applying for a new loan because i had to plan well on how to utilize the funds.My bicycle was stolen today at the market place ,leaving me with no means of transport to the market.I am requesting for a loan to buy another bicycle as soon as possible to avoid losses by hiring riders to supply my produce. I am looking forward to your support once again.Thanks in advance.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$132.00
Date disbursed
Jan 16, 2015
Repayment status
Late
Projected term
6 weeks
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