Cash-crop farming (sugarcane)

Raphael Akelo

Kisumu, Kenya

Funds disbursed

$0 to go

100% funded of $109 goal

0

days left

Entrepreneur

Name

Raphael Akelo

Member since

April 2020

On-time repayments

16 installments  •  19%

About Me

I am called Raphael Akelo Owango, Kenyan citizen. I do practice large scale farming as my economic income,and I do earn a lot from Agriculture.I am a successful farmer in the history of Kenya, as I am one of the local sugarcane producers to the various local sugercane industries. I am a christian who fear God most and I am discipline in nature. Through farming I have created jobs to most of the youths within our area,they do offer labour at a pay.

My Business

Agriculture is my source of income. I am practicing large scale farming, mainly I am dealing with sugarcane planting.

Loan Proposal

I will spend the loan in purchasing the farm imputs and, equipments so that I may ease labour program and the time taken in farm management practices. The portion of the loan I'll also spend in paying my workers , and also to hire some additional number of workers so that I could have an easy time in managing other economic activities that I have been also running as my side hustle.The imputs that I will be purchasing with some portion of the bill loan will help in maintaining the good quality of the crop ,also ease their growth rate, so be that I could be able to yield on time , and with higher amount of profit .

Income Source

Being that their is global pandemic ; Corona virus my business will boom still since I have been saving aside money for any emergency that might pop up abruptly in the process of dealing with my business. So I'm always cork sure that with me my business is ever protected against any lose or interference, and this have me to stand and operate fully and always. Following the above reasons that I alluded there, I'm assuring you that I could still be able to pay the loan on time , and cater for other things also.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$109.59

Date disbursed

Jul 30, 2020

Repayment status

Late

Projected term

3 months

Cost to entrepreneur

Service fee: $9.23

Credit risk payment: $9.23

Lenders

B

Bpryse

Long beach, United States

Jason

Auckland, New Zealand

Vratik Krocik

Prague, Czech Republic

JH

Joseph Hwang

Houston, United States

J

Jason

West Palm Beach, United States

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