Buying and installing a drip.irrigation kit

Moses

Matasia/bara Mpya, Kenya

100% repaid

Entrepreneur

Name

Moses

Member since

May 2014

On-time repayments

135 installments  •  87%

About Me

My Name Is Moses Oywech.I am a salesman and a distributor of beverages and agricultural products e.g cucumbers, kales,tomatoes etc.I come from Kenya also known as Obama land,I overcame unemployment by investing in farming and lately I secured employment in a beverage company as a distributor.I attained my college degree in 2014 in Marketing,my best hobby is gaming and I love charity as well.My childhood was simple I was very shy but later I matured through various social interactions.

My Business

My business is distribution of water agricultural crops and sodas.I started this year in 2016 in regard to sodas and water its been a challenge but profits are slowly trickling into my business. I used my savings from farming to set it up at a cost 250000kshs.I use the profits to reinvest in the project to increase volumes of sales and customer's.I have also rekindled my agricultural business whereby I cultivate in open and closed field farming.

Loan Proposal

With a loan of 4315 KES I would like to purchase a new set of drip irrigation kit for my new greenhouse in order to cultivate more tomatoes and pepper.The new kit will boost my revenue by 80 percent as I sell a kilogram of tomato and pepper at 3 US Dollars.I will be earning a gross revenue of about 800USDmonthly.The price is 25 USD per kit.I need a double kit which costs 45 USD .

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$43.00

Date disbursed

Mar 22, 2016

Repayment status

On Time

Projected term

10 months

Lenders

Matt B

Stratford Upon Avon, United Kingdom

IC

Ian Coutts

Chicago, USA, United States

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