Buying new tomato seedlings and farm inputs

John

Rombo, Kenya

25% repaid

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How it Works

Entrepreneur

Name

John

Member since

June 2015

On-time repayments

93 installments • 14%

About Me

I am John Ngasaki Leshan or Meng'orokini, i am 32 years old married with two children. i was born in Impopong village in Transmara sub county in Narok county Kenya. I am a farmer, i farm tomato,maize and beans. Becouse we are eight siblings and our land was so small i sold my only cow and moved to Kajiado county in place called Rombo. I do farming here by use of farrow irigation. I am working hard in this farm though i luck fund, tomotoes require alot inputs like agrochemicals and farterliser. I am farming in half acre farm. If my good friend in zidisha aproved my first loan i will be able to a new viriety tomato variety which i have been advised by my agriculture officet the variety do good in this area of Rombo. The new variety seedlings will cost me 90 us dollars of which if zidisha grant me around 55 US dollars after deducting membership fee. me and wife can raise 45 US dollars. I promise to repay my loan on time as i am a man of intergrity thanks and may God bless you as you approve my loan request.

My Business

I do farm tomato,beans and maize. I have been farming maize but i didnt get profit do to poor market and emerging maize deseases. Currently i am trying tomatoes in a half acre on farrow irigation. Tomato farming require alot fund as it require alot of inputs.in my half acre tomatoe farm i wii use a capital of 500 US dollars and get in return profit of 300 US dolla which i will use to repay my loan and educate my wife who is in local university and my youger siblings. If i get more fund i will expand my farm to be 1 acre and look for more good yielding varites., i believe my good friends will aproved my loan thanks.

Loan Proposal

If i get this loan i will use it to buy a new tomatoe variety currently available and expand my farm, the loan also will anable me buy other inputs like spraying pump, chemicals, aprons and many more,. When my loan increases after my fiirst repayment i expand my farm to 1 or 2 acres and get more profit as i have explain before.