Entrepreneur
Name
Stella
Member since
November 2015
On-time repayments
61 installments • 59%
About Me
My full name is Stella Wambura Mwangi. I am 23 years old. I am the first born in a family of five.
My childhood education was not easy. I faced a lot of challenges.
This was because my parents were were not financially stable.
We were living from hand to mouth.
All the same I put extra effort in education despite all odds.
Finally I managed to join high school which was my aim since my parents didn't achieve this.
Immediately after high school I had to engage myself into business so as to help my parents and siblings.
In our land there are varied cultures due to interaction between different people but the outstanding culture is farming.
I would like my future children to grow and become responsible people in the society.
I like singing very much.
My Business
In my business I deal with selling seedlings and flowers in our local market. The main seedlings I sell are mainly softwood which grow very fast. Some are for beautifying the environment and for making hedges.
I engaged myself in this business because I have passion for the environment. It also didn't require alot of capital to start.
In our locality there's been the culture of conserving the environment. Therefore the seedlings are on higher demand.
Of late people from far places are to purchase seedlings. I would like to be able to grow a lot of seedlings in the nursery beds.
The little profit I use it to help my parents pay school fees for my siblings.
Loan Proposal
The main aim for this loan is to improve and expand my business of tree planting project where I raise different trees in nursery beds and then pack them in polythene bags as seedlings for sale.
I will use this loan specifically to:
-employ two assistants $200
-land preparation $100
-buy seeds $90
-buy polythene bags $50
-buy irrigation tins $150
This loan will create job opportunity and also enable me grow variety of tree species which will encourage people more to plant them thus helping in conserving the environment.
It will also increase my earnings since there will be more buyers. This will be favored by the variety tree species because some people are specific to certain tree species especially for those which mature within a short period of time.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$564.00
Date disbursed
Mar 23, 2016
Repayment status
Late
Projected term
60 months
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Jake Gibson and Beverly Picardo
San Francisco, United States
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