Kahonzi
Tombe, Kenya
0% repaid
Name
Kahonzi
Member since
July 2017
On-time repayments
17 installments • 18%
I am 29 years old from community where agriculture is mainly practiced. During my childhood and education I managed to learn many things concerning agriculture. I went through education program that's from primary then to secondary. The knowledge and the skills that I gained during this time gave me a good start on my business. In our land there is on thing that is unique which is the use of traditional methods of agriculture which still work well maintaining high food Security.
I ventured into agriculture practice with the knowledge that I had gained so that I can make a living.I decided to choose this kind of business because I had a good know how and in fact it was so cheap to initiate because all the requirements were readily available. Agriculture products also have a high demand in the near town where farming is less practiced. First I prepared the land personally and then bought seedlings costing $3 which I managed to make a profit of $10. I will use the profit to expand my business.
I will use this loan to buy a sprayer pump and pesticides for farming in my farm. The pump that I will buy will cost about $250 and then the remaining amount I will buy pesticides for spraying my crops against the pests. I will be able to harvest high yields from the form due to controlled pests. My profit is projected to increase by 50% of my current earning. Other people will benefit by getting vegetable readily available in the market.
Positive
None
Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$546.00
Date disbursed
Dec 9, 2017
Repayment status
Late
Projected term
3 months
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