Business growth

Eric

Kikuyu, Kenya

11% repaid

Entrepreneur

Name

Eric

Member since

November 2014

On-time repayments

61 installments  •  34%

About Me

Am 25 yrs old,Grew up at Mwea, went to Ngurubani primary school and attended Thiba secondary, an year later i joined Utalii College where I got a certificate in Food and Beverage sales and service. Was lucky to get a job at Samburu Intrepids for 6 months under a contract. since then have got few jobs in Nairobi until i thought of keeping myself busy during my off days, growing and selling plant seedlings which i sell to some of the restaurants.

My Business

I grow plant seedling and flowers, which goes for as little as ksh 80 per seedling depending on the size and plant type. I get orders from companies to supply tree seedlings which intern give good results. Am hoping to expand with time to grow big.
The business is ideal because its enviromental friendly. The demand gets high most of the time when there is a construction for land scaping and also when people wants tree seedling as their fence. I use the money i get for my rent and for my equipments.
Since my last loan i have grown a bit more so financially thus more resonsibilities and that is why i need to expand more.

Loan Proposal

last time was a bit hectic after the rains washed away my plants, now i need to at least buy more seedlings, plant them and afterwards replace what was destroyed for my customers on top i need to buy a 2300ltr tank plus pvc pipes for harvesting water thus generating an income if i sell the water or i can opt to use the water then save the money that was to be used.

Feedback

4

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Loan Info

Project Type

Classic Loan

Disbursed amount

$171.00

Date disbursed

Sep 23, 2015

Repayment status

Late

Projected term

9 months

Lenders

Namaste250

Pittsford, United States

camilberlin

Berlin, Germany

F

flaguy999

Tampa, United States

JO

Johan O

Borlänge, Sweden

Thomas

Sweden, Sweden

BC

Bruno Costa

São Paulo, Brazil, Brazil

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