Name
George Wamai
Member since
December 2016
On-time repayments
31 installments • 29%
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 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.
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.
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Project Type
Classic Loan
Disbursed amount
$5.00
Date disbursed
Jun 27, 2017
Repayment status
On Time
Projected term
6 weeks
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