Donkey and cart

Linet Lusia

Migosi, Kenya

Funds disbursed

$0 to go

100% funded of $301 goal

0

days left

Entrepreneur

Name

Linet Lusia

Member since

February 2016

On-time repayments

50 installments  •  72%

About Me

I am the second born in a family of five children, 4 boys and I am the only girl. I went to odede primary school and joined Kamusinga girls for secondary. I then went to Bukura agricultural college for my diploma in agriculture.
After completing my course ,I was not lucky enough to get any job,getting start up capital was also a problem. I talked to a friend and told her I wanted to venture into horticulture but had no money to start. she advised me to join there self help group and after six months I qualified for a loan of $200 that I invested in the farm preparation and seeds and grew assorted vegetables that I started selling a month later. the agribusiness did very well and I was able to get money to repay the loan and reinvest. I now have 1 acre under assorted horticulture.
I am a born again christian, and choir leader, I also singing and looking forward to record my my first album soon.

My Business

I have assorted vegetables i.e cabbages,kale's,spinach,onions and traditional leafy African vegetables., . the demand for my produce is high because of my good quality ,cleanness and fair prices.
I decided to do farming business because ,it is easy to manage and run and I also had knowledge of farm management having studied agriculture at the college.
my monthly typical costs are $150 and my monthly revenues are $300 on average. I spend the money on educating ,my brother, helping my mum,business expansion and home improvement.

Loan Proposal

Given the loan of $300 I would use the money to buy a donkey at cost of $200 and a cart at cost of $100. The donkey will help me ferry my produce from the farm to the market hence cut my operation costs by $80 per month. It will also be source of income though hiring to neighbors and I expect to generate $100 every month

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$301.22

Date disbursed

Nov 18, 2016

Repayment status

Late

Projected term

3 months

Cost to entrepreneur

Service fee: $12.42

Lenders

S

Staf

Humbeek, Belgium

Jan de Wit

Utrecht, Netherlands

WE

Wendy Emlyn

Devon, United Kingdom

PG

Paul Graham

United States

PR

Paul Rausch

United States

John Minges

United States

MS

Mike Sutherland

United Kingdom

JA

Jan Andresen

Hamburg, Germany

Craig Newmark

United States

The Zinc Team

San Francisco, United States

WS

Warren Shen

United States

Humble Bundle Community

San Francisco, United States

Donald

United States

A

Anonymous

United States

D

Dalton

San Francisco, United States

C

Campbell

New Zealand

HCPSPIRIT

Helsinki, Finland

NH

Nancy Hull

United States

A

Anonymous

United States

David

Canada

R

RMIM

United States

Paul Buchheit

Mountain View, United States

M

Mary

United States

S

Sarah

Arlington, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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