Entrepreneur
Name
Robert
Member since
February 2016
On-time repayments
44 installments • 70%
About Me
I am the third born in a family of three children,I went to Asenge primary school and Kolanya secondary school.I then joined kibabii technical college but did not complete my course in business administration due to lack of money.
I went back home and worked as a farm hand for a neighbor ,these is when I realized farming was also an opportunity to get rich as long as you planned well to minimize production costs and increase revenues. I worked for six months as saved to start up capital. With the experience and $200 start up capital, I decided to plant kale's in my fathers farm,the kale's did well and I have been doing kale's and bananas. I dont regret and I have now resumed my studies as evening student.
most the people from the community I come from are farmers,we grow alot of bananas here.
I am soccer fun and spend my free time watching soccer and training my local team since I am there coach.
My Business
I provide vegetables and bananas to my clients, I have 2 acres under bananas and 0.5 acres under kale's.
Due to food scarcity and ever growing population th demand for agricultural products has been growing.
I choose farming business because it was the most profitable venture to engage on.
my monthly typical costs are $200 and my monthly typical revenues are $500. I spend the money on my fees,buy basics and take care of my wife and kid.
Loan Proposal
Hello lenders,I am kindly requesting for a loan to help me expand my farm through leasing two more acres at cost of $150 ,buy manure and seeds at %150 and use $100 for land preparation.I am planning to plant water melon which mature at 75 days. I expect to sell the produce at $1200.Thank you
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Loan Info
Project Type
Classic Loan
Disbursed amount
$400.00
Date disbursed
Oct 16, 2016
Repayment status
Late
Projected term
61 months
Other loans
Lenders
United States
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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