53 installments • 75%
I am currently in a stable relationship living with my girlfriend at Kahawa West.I work as a civil servant but also practise farming as a venture.I possess a Diploma in Purchasing and supplies from the Kenya Institute of Management(KIM).I started farming business to increase my earnings after realizing that the monthly salary was not enough.I also wanted to fulfill my want to become an employer and provide some source of livelihood to the unemployed.I use my business income to pay wages, cater for farm expenses and also help some needy people in our community.During my free time,i like to go swimming,watching football,taking adventurous trips and visiting the needy.
I am a civil servant but also practice farming as a business.i keep dairy cattle,keep layers and also horticultural farming(tomatoes,capsicum,kales,spinach and any other seasonal crop that is on demand in a particular season.The reason i choose these is that they are always in demand and their supply is never enough.the growing population always provides ready market for my produce.These customers prefer my fresh farm produce as it is well produced and they can attest to that.Challenges in these business include funding,emerging pests and diseases and insecurity.I try to manage the best i can to save my produce though sometimes it's tricky.On average,i run at monthly costs of $150 since am not that much established.i would like to expand this farm in order to improve the income.currently i make sales of about $400 hence making profits of about $250. I would like to increase these profits to over $1000 a month.I have never experienced losses in my business venture and therefore, i am confident that any loans from zidisha community will be serviced from my venture.in case of uncertainties,then my salary will help me repay my loans till the business picks up.
I intend to deworm my livestock,i have six cows and am milking all of them they produce an average of seven litres daily each,i take my milk at our local dairy they buy each litre at cost of $0.3,we are paid monthly my average pay in a month is $350-450.sometimes thy do not pay us promptly that why I need $200 for deworming,i have the half amount of $100,i will pay my loan promptly through my sale of milk,there are my neighbours who come to buy milk daily so I will use that money to offset my loan.Thanks in advance
Jan 2, 2015
Cost to entrepreneur
Lender interest: $99.16 at 9.28% annual rate over 1 month = $1.11
Service fee: $0.45