Business boost loan

John

Njambini, Kenya

100% repaid

Entrepreneur

Name

John

Member since

April 2017

On-time repayments

167 installments  •  23%

About Me

I was born and raised up in interior parts of molo in one parent setting.went banana primary and sitoito sevondry in the same area.I went for my degree in the University of Eldoret Kenya.since may 2016 I have been a successive entrepreneur and a farmer and finally being head of a group of youths seriously dealing with farming.

My Business

Its an agrovet where agricultural chemicals and animal products are sold.
The products are in demand as the business is in an agricultural rich zone
I am a graduate in agricultural course as an extension officer and I have already worked as an agronomist with one of the biggest chemical company.
I do commercial farming.
Profit is for reinvestment in growing the business.

Loan Proposal

When I will get the loan I will use to buy animal feeds to add to the existing stock of agrochemicals.A 50kg bag costs $30(dollars).I will then rebag this into 1kg pack which will sell at $0.8(dollars) thus a profit of $0.2(dollars) per Kg.This will help serve and meet demand of my customers who are mostly small scale farmers.

Feedback

None

None

2

  • PaulE    Mar 28, 2019

    Not paid off for over one year.

    Log in to reply • Share
  • Julie    Sep 14, 2018

    Made the first few payments, but no contact or payments now for several months.

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$92.00

Date disbursed

Sep 5, 2017

Repayment status

On Time

Projected term

7 weeks

Lenders

Isabella

UK, United Kingdom

Paul Buchheit

Mountain View, United States

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