Expansion of my farm

Entrepreneur

About Me

My name is Magret Nandera ,I was born in Eastern Uganda near Busia border,we later migrated and settled in Busia Kenya.I was third born in a family of 7.I went to Angorom Primary school and later joined Eregi Girls .There after i studied Agriculture at Egerton university.
On my third year of study I learn t that i could make money through farming,I started by planting cabbages in a quarter acre of land and it paid off.Thereafter I have never looked back.
I come from a farming community where people value of farming ,however it has not been commercialized.
I have 4 kids,they both want to be doctors when they grow up.I am doing my best to ensure they realize their dreams.

My Business

My name is Magret Nandera Otieno,I come from Angorom village Teso south Busia County, in western Kenya .I am a small commercial farmer, engaging in traditional African vegetables. I provide fresh, and high quality vegetables to my clients.
I have about 1 acre of land but currently I only utilize quarter of the land, since I don’t have the resource for expansion. I grow traditional African vegetables and sell it to fellow villagers and wholesalers who come to my farm. The business is profitable because the vegetables grow very fast and that means more money for me. I rarely use fertilizer and that has greatly increased my revenues, since I cut on the cost of production.
My business does not really face any great threat since the vegetables are rarely attacked by diseases and pests, the demand is equally high, however occasionally thieves steal my vegetables and that always reduce my revenue.
I spend $130 as production costs each month, (buying seeds and labor) .My monthly revenue is $280 and so in a good month I make a profit of $150.
I use my profits to pay fees for my kids and take care of my family.

Loan Proposal

My name is Magret Nandera ,an horticulture farmer.I grow my crops in 1/4 acre of land,though i have an acre of land.I wish expand my farm once i get resources to an acre.I will use the $100 for bush clearing and land tilling virgin land for expansion purposes.my revenues will increase significantly once the expansion process is executed.Thank you

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