Entrepreneur
Name
Philip
Member since
May 2017
On-time repayments
83 installments • 55%
About Me
Am Philip Odhiambo living in Kenya.Am happy to find myself here as the right place for me to develop myself. Am hard working and I have moved from farming to shop retail business. I have been faced with financial challenges but has not made me to loose hope.I have a family of six and I struggle to keep them.
My Business
I started retail shop business and my brother supported me with 100,000 kshs. This year prices have gone up and now limits my power of purchase. I look forward for lending institutions to me get loans which will help in boosting my business.
Loan Proposal
This time I will use the loan to pay for harrowing five acres of land. This is in preparation for planting chi plant. Chia is a nutritious and a money making crop. I will pay for harrowing by tractor. One acre yield 400kg and I hope to make Profit of fo 490 dollars per acre if all goes well. Thanks.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$169.00
Date disbursed
Apr 26, 2018
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
Germany
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