Buy fertilizer and more seeds to extend my farming
Margaret
Olkalou, Kenya
43% repaid
Entrepreneur
Name
Margaret
Member since
April 2014
On-time repayments
178 installments • 39%
About Me
I am the third born in a family of five aged 24 years. I completed my studies and joined my mother in her farming activities due to some financial problems which could not allow me continue with my studies. However, the agriculture has fared so well that I now look forward to commercialize it. I currently practice mixed farming whereby I farm different types of crops including potatoes, maize, beans and vegetables. I have also started a small poultry rearing project and have a great plan to expand it.
My Business
I am practicing mixed farming whereby I have a poultry rearing project as well as farming. The land is located on a sloppy place with a small all weather stream running at the boundary. This has facilitated vegetable farming by making it easier to water them using a jerrycan every morning and evening.
I therefore intent to buy some more seeds for the vegetables (cabbages and kale). I will also be in a position to cultivate a larger portion of land. I will also use the funds to purchase fertilizer and insecticide to spray at the early stages.
I therefore call upon you all to support me so as to achieve my goals. I will work in ultimate effort to ensure the growth of Zidisha through all aspects.
Loan Proposal
Dear Lenders, I first thank you for your continued support. I have achieved much with the previous loan and have scaled to a higher level in my farming project. I am practicing agribusiness and have prepared a larger potion of land to grow potatoes. I have also introduced a zero-grazing section and have bought a cow. I now wish to purchase more seeds and fertilizer to be fully prepared for the season that is just ahead in mid August. This will propel me to a greater earning and I believe I will contribute much to the food sustainability in the region. Thank you so much as you lay your helping hand towards my project.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$149.00
Date disbursed
Aug 7, 2014
Repayment status
Late
Projected term
39 months
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