Steve
Gem Rae, Kenya
$0 to go
100% funded of $55 goal
0
days left
Name
Steve
Member since
July 2017
On-time repayments
21 installments • 14%
Hi Lenders.Am a Kenyan Citizen by birth. An economics and statistics graduate(Egerton University).Currently undertaking an Internship programme.My family and I have been doing rice and watermelon farming for years at Ahero Irrigation scheme.The proceeds have been used to pay my school fees up to university level.Am a goal oriented person passionate about business and farming.
My proposal
I do farming as a side business .I am requesting for a loan to purchase fertilizers and hire skilled labour.Since my family do not own land I depend on leased plots to help make my farming business a reality.
A plot costing $100 can produce bags and bags of rice.I also Intend to lease more plots and in future by one acre of land .
I would use the amount to buy more fertilizers and also hire skilled labour.Rice farming requires a lot of labour.This is a drought prone area hence we depend on irrigation.I also want to use modern irrigation methods such as drip irrigation to improve yield .In future I would want to buy one acre of land with this loan.Am looking forward to your partnership and support. Thank you
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$55.00
Date disbursed
Oct 1, 2017
Repayment status
Late
Projected term
2 months
Other loans
Ask Steve a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.