Bicycle for transporting my vegetables to market

Nancy Asihya

Butere, Kenya

100% repaid

Entrepreneur

Name

Nancy Asihya

Member since

July 2015

On-time repayments

168 installments  •  7%

About Me

I am the second born in a family of 3 children.I went to Kogonye primary school and later joined Bulimo secondary for my secondary education,I went up to form and passed well . Unfortunately i got pregnant and my boy friend disowned me when i refused to abort. Being a young single mother .with no source of income ,i had to work extra hard to put food on the table.My parents were morally supportive,even though they didn't have the money.
I started selling dry fish to my fellow villages but it didint work since people could take fish on credit and fail to repay. I had to quickly get another viable option ,I was thinking of second hand cloths when members from Farm concern International visited our village. I was one of those who were thirsty for education and went for it.we were thought various benefits of farming and they even offered to give as a demonstration plot.I left the meeting rich in ideas but short of capital. I mobilized the little resources I had and started growing traditional African vegetables in a quarter plot that I had,the investment did not disappoint. I reinvested the money into the farm ,and I now own 3/4 acre farm and wishing to expand it to 3acres.
I have one child he is four years old she still does not know what she wants to be but I am working round the clock to let her grow in an environment that would be conducive to nurture her dreams.

My Business

I grow vegetables ,kale's,capsicum, traditional vegetables and cabbages depending on the season and sell them in the neighboring school and sell the surplus to the nearby market. the demand for vegetables is high due to rising population.
I choose these business after undergoing a three hour training that has changed my fortunes. I learnt the pros ans cons of agribusiness and was convinced that these was the best agribusiness to do.
In a month I spend an average $100 and my monthly revenues are $250. I use my profits to pay fees for my child,buy basics needs for myself and my parents and support my young brothers secondary education.

Loan Proposal

Hello lenders , I am new to zidisha and looking forward to great future.I am asking you to kindly finance my first loan so that I can buy a bicycle that would help me transport my produce to the market easily. With the new bicycle I will cut the the costs of transport and save $60 per month.the will be a plus in my revenue and will help me improve my business.Thank you in advance.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Aug 1, 2015

Repayment status

On Time

Projected term

6 weeks

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