Construction of an agro-chemical store
Kiprotich
Kapchebwaber Village, Kenya
26% repaid
Entrepreneur
Name
Kiprotich
Member since
July 2014
On-time repayments
184 installments • 28%
About Me
I come from Kericho County which is well known for tea production as the main source of income to its residents. To arrive to my home, from Kericho town you board a viechle heading towards sotik and alight 10 kms later at a market called Kapsuser and from there take a motorbike heading to Kipsolu and alight at Chepkoton junction near Kapchebwaber AGC. My home is 150 meters to the right from the junction.
I went to Kapsuser Primary and later joined Chepseon High School for high studies after which I joined Highlands College for a Diploma in Information Technology but due to lack of job opportunities I decided to venture into agribusiness and due to a good understanding in tea sector I decided to do tea farming.
My Business
I am mostly earning my income through tea farming which i get paid every month based on the total of kilograms delivered to the processing factory at the end of every month. I also earn through a motorcycle business which gives me Kshs 21,600 every month. I use some amount from the motorcycles in servicing them every month to ensure its excellent functionality. I have also started rearing poultry chicken though i still have to support it since it is still young, i currently have 30 mature chicken whereby 17 chicken are already lying eggs which i see at the nearby restaurants and i use the amount raised from the eggs in buying them feeds.
Loan Proposal
I will use the loan to construct an agro-chemical store for safe handling of the chemicals to avoid contamination from other materials, animals and even people from the family and around the neighborhood. The store will also help me in storing well farm materials.
I will buy 12 iron sheets at Kshs 8,400 (USD 84.00), Timber of 300 running feet for Kshs 9,000 (USD 90.00), 5 Kilograms of nails at Kshs 600 (USD 6.00), 3 Kilograms of Roofing Nails and labour at a cost of Kshs 10,000 (USD 100.00).
Thank you for your kind support.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$293.00
Date disbursed
Mar 15, 2017
Repayment status
Late
Projected term
64 months
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