Boosting my tea business

Chelangat

Nairobi, Kenya

Funds disbursed

$0 to go

100% funded of $150 goal

days left

Follow Chelangat

How it Works

Entrepreneur

Name

Chelangat

Member since

August 2015

On-time repayments

16 installments • 0%

About Me

I am chelangat rotich 26 of age,a first born in a family of five to a single mother.i come from nakuru county,olenguruone division.i went to kaplamai primary and emitik girls for my o level,after my o level, i could not proceed to collage due to insuficient fund.i depend on busaries and well wishers for my fees.my mother is not employed,we depend on outcome from farming thus making her not able to provide all fees and basic needs for all us.this has been a challage to me thus making me to venture in tea business so as to meet my needs and assist my mother to raise school fees for our youngs one for better education.

My Business

I started tea business after my o level in the year 2010.this is the selling of tea seedling,one seedling is sold at 0.1 USD and i nomally sell 800 seedlings per month thus earning me 80 USD.in my nursary now i have 10000 seedlings that will take me throughout the year.i will be glad for my first loan because i will use it to buy more planting tubes.one packed of planting tubes has 1200 pieces costing 5 USD per packed.my loan will buy 14 packets thus making 16800 pieces.this will raise my monthly sales from 800 to 2200 thus earning me 220 USD per month.thanks as i with for your assistance

Loan Proposal

I will use my first loan in buying of tea planting tubes.each packed of planting tubes that has 1200 pieces is sold at 5 USD.my loan will buy me 14 packets with a total of 16800 pieces.this will improve my business by 90%