Name
Alfred
Member since
November 2017
On-time repayments
12 installments • 92%
My name is Alfred Cherotwo Murunga. I am Kenyan citizen born on 4/5/1969 in Kitalale village within Trans-nzoia county.
I am the first born in a family of six. I went to school in 1977 to 1985 for primary level and 1986 to 1989 fro secondary school then 1998 -2003 fro college level. I am married to one wife and we are blessed with six children . Three being boys and three being girls.
I am now a church pastor since the yer 1997 up to date. I also practice farming on a 5 acre peace of land dealing family with maize production and beans. The average returns from my maize farming is Ksh 100,000 which is approximately 1000 us dollars.
I chose this kind of business because it also guarantees food for my family and it has a readily available market within.
I use my profits to reinvest in subsequent farming as well as selling and taking care of my family.
It is ploughing season and I plan to use my loan in topping to meet ploughing cost so that I be ready for planting.
Early preparation of the farm ensures early planting which results in good harvest apart from ensuring proper control on pests and weeds.
This will enable me fetch early market for my farm products thus getting double profit.
The total cost for ploughing is Ksh 6000 which is approximately 600 dollars. I want to use my loan to top up so that I complete ploughing on time.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$2.00
Date disbursed
Feb 17, 2018
Repayment status
On Time
Projected term
4 weeks
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