Expansion into rabbit farming

Moses

Mundika, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Moses

Member since

November 2014

On-time repayments

281 installments • 9%

About Me

My name is Moses Mabiale Wabwire from Mundika ,Busia County.I went to Mundika Primary school and Koyonzo mixed secondary school.After secondary school I did not manage to get money for college fees.
After staying at home for quite some time,I started boda boda business (ferrying people using bicycle) it did not go well because it was tedious,that is when i tried my hand in farming and i am glad and passionate in what I am doing currently.
I do not have children at the moment but I have a sibling ,she wants to be a musician when she grows big,mine is to wish her well.
I play soccer and listen to music during my free time.

My Business

I am a commercial horticulture farmer,but currently I am growing carrots and cabbages,the demand for my goods is high because a University college has been constructed in the nearby town and so marketing is no problem.
I am currently preparing to a kale seed bed targeting January-may dry season when demand is always high and prices are premium.
In a month My revenues are $290 and my expenses are about $100.In a good month I make about $190 in profit depending on season.
I use my money to pay fees for my sibling and take care of my aging parents.
Thank you for visiting my profile and welcome home always when you visit Kenya.

Loan Proposal

I am glad for you support, It was really helpful and my income increased significantly. I am requesting for a second loan to buy materials for construction of hutch for rabbits. I will feed them on vegetables and they will provide manure for the farm,this is a venture i believe will increase my income further. Thank you and welcome to my farm any time you visit kenya.