Expand my farming business to large scale

Allan

Nairobi, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Allan

Member since

December 2014

On-time repayments

312 installments • 71%

About Me

I am Allan Obege. I am 29 years old. I live in Nairobi. Currently, I am in an unstable job but I have a farming business. Our land, Kakamega, is very fertile and productive for farm produce like maize, beans, coffee, tea, sugar cane and many other cash crops in Kenya. I am also eager to continue with my education, but raising the fees is quite a challenge that I intend to overcome with the expansion of my business.

My Business

I have a farming business where I keep chickens but it's on a small scale. I intend to raise more capital to expand my business by buying a brooder which will hatch more eggs and, in turn, assist me to get more funds to further my studies. The vaccination and disease prevention is rather expensive. The main reason I need this loan is to help me overcome such challenges and attain maximum productivity of the business.

Loan Proposal

Hi Lenders,

When i get this loan it will help me buy more Chickens, lease land to plant Maize in large scale and go to college. Currently my Chicken business of selling both chicken, eggs & manure give me a profit of usd 300 per month and that is how i earn a living. I know if i get this loan i will increase my profits to usd 500 per month and i will go for further studies and do my business in Large scale.

Thank you and God bless.

Regards,
Allan Obege

Show original English

About Me

I am Allan Obege. 29 years old. I live in Nairobi. Currently in an unstable job but have a farming business. Our land Kakamega is very fertile and productive for farm produce like Maize, Beans, Coffee, Tea, Sugar cane and many other cash crop in Kenya. Am also eager to continue with my education but raising the fees is quite a challenge that intend to overcome with expansion of my business.

My Business

I have a farming business where I keep chicken but it's a small scale. I intend to raise more capital to expand my business by buying a brooder which will hatch more eggs and in turn assist me get more funds to further my studies.
The vaccination and disease prevention is rather expensive the main reason I need this loan to help me overcome such challenges and attain maximum productivity of the business.