Entrepreneur
Name
Alfred
Member since
November 2017
On-time repayments
12 installments • 92%
About Me
My name is Alfred Cherotwo Murunga. I am Kenyan citizen born on 4/5/1969 in Kitalale village within Trans-nzoia county.
I am the first born in a family of six. I went to school in 1977 to 1985 for primary level and 1986 to 1989 fro secondary school then 1998 -2003 fro college level. I am married to one wife and we are blessed with six children . Three being boys and three being girls.
My Business
I am now a church pastor since the yer 1997 up to date. I also practice farming on a 5 acre peace of land dealing family with maize production and beans. The average returns from my maize farming is Ksh 100,000 which is approximately 1000 us dollars.
I chose this kind of business because it also guarantees food for my family and it has a readily available market within.
I use my profits to reinvest in subsequent farming as well as selling and taking care of my family.
Loan Proposal
My farm is ready for planting and I plan to use the loan to purchase seeds.
My farm planting requires 10,000 which is approximately 100 dollars for seeds and fertilizer so I will top up the money to acquire enough planting seeds for my farm.
The timely planting also ensure timely harvest thus early market.
The profit for early market are normally realistic and thus my target of 25 percent profit is guaranteed.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$4.00
Date disbursed
Mar 23, 2018
Repayment status
On Time
Projected term
3 weeks
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