Buying a generator to water crops
Ugine Wandera
Khayega, Kenya
100% repaid
Entrepreneur
Name
Ugine Wandera
Member since
January 2016
On-time repayments
42 installments • 62%
About Me
I am Ugine Wandera. I am the first born in family of 4 children.
I hold a BSC in Natural Resource from Egerton University. After graduating, I tried looking for a white-collar job unsuccessfully. I joined ngao youth group where we were trained about fish farming, and I decided to try it out. Armed with my business proposal, I approached my uncle, who agreed to finance my first pond. I dug up a pond and stocked it with 1,000 fingerlings.
After 8 months, I sold them off and repaid my loan. I now have six ponds to ensure frequent income. I am also expanding my venture to include horticulture because I have enough water for irrigation.
I have one child: he is only 2 years old. He is aggressive [in a positive way] and I love him so much. My hobbies include football, watching documentaries, and guiding and counseling youths.
My Business
I am a small-scale horticulture and fish farmer. I provide vegetables and fish to my clients, who mainly include hotels and schools.The demand is high because of the lack of suppliers, as only a few youths dare engage in farming.
I choose the farming business after joining Ngao youth group and learning about fish farming. I then decided to do horticulture farming to utilize the water. I am very grateful and happy with my job.
I spend $100 to buy seeds and take care of the farm. My average income per month is $320. I use the proceeds from the farm to save for business expansion and support my family and parents.
Loan Proposal
Dear lenders,I am so thankful for the first loan.I am kindly requesting for a second loan to help me buy a generator for my new expanded venture that now includes 3/4 acre of vegetables the generator would cost $400 and I would top up with my savings.thank you in advance. These will help me minimize losses due to drought out and maximize profits.Thank you in advance.
About Me
I am ugine wandera, I am the first born in family of 4 children . I hold Bsc Natural resource from Egerton University. After graduating I tried looking for a white collar job unsuccessfully. I joined ngao youth group where we were trained about fish farming, I decided to try it out. armed with my business proposal I approached my uncle who agreed to finance my first pond. i dug up a pond and stocked it with 1000 finger lings,after 8 months I sold them off repaid my loan ,I now have six ponds to ensure frequent income. I am also expanding my venture to include horticulture because I have enough water for irrigation.
i have one child ,he is only 2 years . He is aggressive and I love him so much .
my hobbies include football,watching documentaries and guiding and counseling youths.
My Business
I am a small scale horticulture and fish farmer. I provide vegetables and fish to my clients who mainly include hotels,and schools.The demand is high because of lack of suppliers,as only few youths dare engage in farming.
I choose farming business after join Ngao youth group and learning about fish farming, i then decided to do horticulture farming to utilize the water. I am very grateful and happy with my job.
I spend $100 to buy seeds and take care of the farm,my average income per month is $320 .
I use the proceeds from the farm to save for business expansion and support my family and parents.
Loan Proposal
Dear lenders,I am so thankful for the first loan.I am kindly requesting for a second loan to help me buy a generator for my new expanded venture that now includes 3/4 acre of vegetables the generator would cost $400 and I would top up with my savings.thank you in advance. These will help me minimize losses due to drought out and maximize profits.Thank you in advance.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$283.00
Date disbursed
May 11, 2016
Repayment status
On Time
Projected term
60 months
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Lenders
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United Kingdom
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Canada
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Bruno Sanchez-Andrade Nuño (brunosan)
United States
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