Drip irrigation for my agri-business

Joe

Lodwar, Kenya

100% repaid

Entrepreneur

Name

Joe

Member since

August 2015

On-time repayments

130 installments  •  39%

About Me

hello lenders, I am githaiga Joseph aged 38 years. I am a family man with two kids-two boys. i am currently working with a local organization but also I have side jobs to earn extra income.

My Business

besides a salary I earn from my employer I also have small businesses to supplement on the income. I am engaged in selling cloth items at retail price.i buy new cloths and sell them through my friends and neighbors.basically it's a virtual boutique. Its a fairly new business venture but is able to bring some income and pay some bills.

Loan Proposal

I have already planted kales, tomatoes and capsicums seeds on a seed bed. They are now two weeks old. In another two weeks times, they will be ready for transplanting. I require fertilizer DAP-di-ammonium phosphate for planting, fungicides and also farm manure about planting the seedlings. The DAP costs about US dollar 10 per 20 kgs bag while the farm manure costs about US dollar 10 per small handcart. The assorted fungicides and pesticides costs about US dollar 10 in total for the whole season. The tomatoes and capsicums will also require propping after a month of transplanting which will require about US dollars 20 for the posts, labor and wire.
This project will benefit my family in terms of ensuring that we have constant food supply of vegetable sand tomatoes. i will also sell others to my neighbors and grocery owners around my town.
I expect to start getting about US dollars 10 every weekend from the sale of kales and spinach in a month's time from the date of transplanting. tomatoes i expect to sell about US 10 every three days after about two months of transplanting. Therefore i am assured of comfortably repaying my loan weekly since i also have some spinach and tomatoes (from previous season) which i sell weekly. I will appreciate you support. Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Aug 24, 2016

Repayment status

On Time

Projected term

8 months

Lenders

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

Ren

Minneapolis/StPaul, United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

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