Farm development

Karinga

Nyeri, Kenya

100% repaid

Entrepreneur

Name

Karinga

Member since

February 2018

On-time repayments

15 installments  •  33%

About Me

My name is Patrick Karinga Ngumi. Am a first in family of 5 oter siblings. When growing up i thought yellow maize was maize and a mixer of eggs. I realized at a latter part in life that it was relief food. when a joined a tertiary institute, i vowed that oneday i will do irrigation farming in our home area to help combat drought and poverty.

My Business

I started horticulture farming one year ago. Majoring more on tomato,Capsicum and courgette. They are first growing crops, with high demand and readily available markets. The reason i choose agribusiness is due to the availabity of a permanent source of water. Currently he demand for horticulture products is high due the dry season being experienced here in Kenya. My target market is the general populace and plan to cast the net wide to put on board institutions and supermarkets.
Mainly the revenue that i get is ploughed back into the farm as i plan to expand the size of the land and build apermanent watr reservoir in form of a dam.

Loan Proposal

The amount will be used to dig a water reservoir reservor in form of a dam and by a damliner and piping the farm. This will be a boost as it will cut the cost of pumping water when irrrigate as water from the dam will flow though gravity. This will cost around 15Kes. This will improve production by almost 40% and cutlabour by almost 50%.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$98.00

Date disbursed

Feb 14, 2018

Repayment status

On Time

Projected term

6 weeks

Other loans

Lenders

Paul Buchheit

Mountain View, United States

Ask Karinga a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...