Farm products

Lawrence Otieno

Kisumu, Kenya

27% repaid

Entrepreneur

Name

Lawrence Otieno

Member since

December 2018

On-time repayments

21 installments  •  62%

About Me

Am Lawrence Ouma a business man a Kenyan as well an agriculturalist venturing in mainly crop production and business though still in small scale due to poor financial support but it has a great future in raising the production to a dream limit and am looking forward to moving together to move together with you for the achievent both in agriculture and business.

My Business

My business rotates around livestock production and marketing as well as crop productions and marketing that are mostly produced within but with limited customers due to low exposure to the new products from livestock and crop products especially during this pandemic period

Loan Proposal

Am a businessman with my business revolving around supply of farm products to local farmers at an affordable price and small units that can not be gotten in the large agrovets. Secondly, I also do plenty of charcoal supply in bulks where when the business is at peak especially during the rainy seasons the profits exceed a hundred percent,whereby one sack gotten at six hundred Kenya shillings then sold out at one thousand five hundred Kenya shillings.

Income Source

My business is not a starting business therefore it has already built market therefore the work is meeting their demands. Then most of the operations like ordering I have availed them online where you order then I deliver so the business is in good terms and touch with the customers and can be considered like stable and extra expenses can't easily destabilize it.

Feedback

2

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Loan Info

Project Type

Classic Loan

Disbursed amount

$360.00

Date disbursed

Oct 31, 2020

Repayment status

Late

Projected term

2 months

Cost to entrepreneur

Service fee: $32.59

Credit risk payment: $26.07

Lenders

A

Aleks

United States

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