Boosting my yields

George Wamai

Subukia, Kenya

100% repaid

Entrepreneur

Name

George Wamai

Member since

December 2016

On-time repayments

31 installments  •  29%

About Me

Am a kenyan aged 30yrs of age. I was born and raised up in Laikipia County. I started Schooling in a Primary School and later joined Secondary School. After Completing my Secondary education my ambition was to join a university and do Business management but couldint join since my Parents Couldint afford Paying the huge amount of money needed. I Started small businesses e.g Hawking,Selling fresh Farm Produce. With this I Could Sustain my Financial needs and even paid for College education nd did a Diploma Course in Agri Bussiness and management. Currently I Practise Farming of Fresh Produce and Daily Farming that I do sell the Produce Locally.

My Business

My main source of income is mainly from farming. I Practise Small Scale farming. This inlude growing of French beans,Kales,Cabbages and Tomatoes. The Markets do vary from time to time,due to Climatical Conditions,High influx of the Commodities in our Local Markets making it hard to get good Profits. At times the demand is Low while there is a high Supply. All in all I am happy with it since it Sustains my basic needs. Monthly I earn a total of 5000kshs . In addition I have managed to buy 1 daily Cow that gives me 4-5 ,Litres of milk Daily which I do sell at an average of 40 kshs locally.

Loan Proposal

The purpose of this Loan is to Buy Fertilizers so that i Can boost yields from my Tomatoes Currently in the Shamba. Most of my Friends do not have enough money to Sustain them All through the Season Prompting them to Quit Farming Since the total amount or the Cost of Farming goes much higher than what one gets from the Sale. After Observing this trend i opted to do it the better way and it means to dig dip into my pocket and make Sure that i do feed my Tomato Crops Well so that they Can give me yields that after Selling i shall be able to get back the total amount of money i used and eventually make a Profit so that Come next time i shall go for a Larger area and Farm a half of an acre.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$5.00

Date disbursed

Jun 27, 2017

Repayment status

On Time

Projected term

6 weeks

Lenders

dlpringle

Denver, United States

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