Cane farming project

Paul Obonyo

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Paul Obonyo

Member since

February 2020

On-time repayments

26 installments  •  88%

About Me

I am Paul Okello Obonyo, Kenyan citizen by birth. Am married to one wife and have 2 boys. Am holding higher Diploma in computer studies.

My Business

Am doing cane farming as a source of living after looking for a job for 10years and not getting the opportunity. Also I have a pool table that's generating me income.

Loan Proposal

The moment I received that cash, I will use it to purchase farm inputs like fertilizer, herbicides and part of the money will be directed to pay workers who are weeding.

Income Source

As indicated and explained that I have a business that normally generates 5000/= and net balance is 2,000/= per, this will be enough to repay my loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$96.65

Date disbursed

May 2, 2020

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Service fee: $8.14

Credit risk payment: $15.47

Lenders

Paul Buchheit

Mountain View, United States

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