Buy vegetable seeds plus chicken

Allan

Hamisi, Kenya

100% repaid

Follow Allan

How it Works

Entrepreneur

Name

Allan

Member since

July 2015

On-time repayments

38 installments • 34%

About Me

I am a businessman and a small scale farmer too
Currently working in an IT firm and doubling it up with agriculture (cash crops) and chicken rearing for my day-to-day business to support my family too.
I am therefore applying for this loan to strictly help me acquire more materials for my businesses and my farm.
I started my business way back in 2012 and despite some struggles in the beginning I was able to stabilize more so because of this platform and am managing well at the moment.

My Business

Poultry farming and mixed farming.
I am venturing in rearing birds on my farm - mostly chicken and planting cash crops (for sale and use at home)
Currently I wish to expand the poultry house to accommodate more birds (chicken) for the upcoming holidays.

Loan Proposal

I will basically use the money I get to buy vegetable seeds considering vegetable performance and demand is so high during this period and in return this will increase the profits by about 28% I make and also it will help in supply of food crops to myself and the neighboring communities. The money I get will be distributed as follows:-
17.8 US Dollars for purchase of various vegetable seeds.
9.89 US Dollars for human labour and cultivating the land plus fertilizers
19.78 US Dollars for buying few heads of chicken
8.44 US Dollars for miscellaneous expenditure