Expansion of farm and build own product store

Ronald Bundi

Rateti, Kenya

100% repaid

Entrepreneur

Name

Ronald Bundi

Location

Rateti, Kenya

On-time repayments

18 weekly installments  •  28%

About Me

I am Ronald Tonnie a young gentleman, energetic entrepreneur from Kenya with interest and passion in farming . I have set up a farm. I have identified a gap in the large number of young organizations and the community within Kenya with little resources but play fundamental role in social and community development. My role is therefore to provide low cost in providing goods and services to these resource limited organizations.
However what inspired me is parents and my involvement in community service projects in the last four years and through this I identified need in this sector.

My Business

My business majorly entails farming i have 4 goats that i am rearing and apart from that i normally lease a land and cultivate it ,and i grow maize beans and sweet potatoes which eventually after harvesting i sell them to organisations and the communities where there is demand for them To achieve this goal, I have therefore set up my targets and i have enrolled in a three month course in livestock and agricultural farming Management . The course will commence in May 2015 and last for a period of 3 months. I love farming and e i enjoy doing it as it is part of my hobbies

Loan Proposal

Through my savings, I have been able to set aside money for my expansion of the farm as i want to lease more land and eventually build my own store for my products and I am therefore pleading for an urgent request from lenders to match my savings with 9,034 KES. towards my project.

I will refund the loan through my farming activities which i am undertaking.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.38

Date disbursed

Feb 23, 2015

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Lender interest: $100.38 at 1.87% annual rate over 3 months = $0.61

Service fee: $100.38 at 5% annual rate over 3 months = $1.63

Upon joining Zidisha, Ronald paid a lifetime membership fee of $26.58.

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