Buying manure for my sugarcane plantation

Obara

Currently I Live In Maua Town In Meru County., Kenya

100% repaid

Follow Obara

How it Works

Entrepreneur

Name

Obara

Member since

April 2014

On-time repayments

344 installments • 96%

About Me

I am a businessman and a farmer at the same time.I operate a curio shop in Maua town found in Meru county.I also have dairy cows at my rural home in kisii county.

My Business

I have three dairy cows which give me around USD 825 per month on top of my earnings from a curio shop of $530 per month. My average cost to run the business per month is $177 for the shop and USD 150 in my dairy cow farming per month. I also do online assignment with Brainy Writers who pay twice in every month. I do get an average of $352 per month. Their payment is made on 5th and 25th of every month.The only cost I incur to do these assignments is $12 for internet bundles monthly. The only risk involved in my curio shop business is that i deal with fragile goods. For online assignment, the risk involved is that sometimes orders are few for one quarter in a year. This makes me make an average of $60 per month.

Loan Proposal

I am grateful for the first loan which enabled me pay for the wages incurred when ploughing my sugarcane plantation.It is at a stage which requires manure so that the yield will be high in terms of tonnage.This loan will enable me purchase ten sacks of mature and pay the wages for those who will assist me in applying the same.I will harvest June 2015 and start a new season for 18 months.Kindly assist me by financing this loan application.It will make me advance my farming ambitions.All the best.