Farmcare agro supplies

Simon

Nakuru, Kenya

Funds disbursed

$0 to go

100% funded of $31 goal

0

days left

Entrepreneur

Name

Simon

Member since

August 2017

On-time repayments

8 installments  •  25%

About Me

Hi,
I am Simon Kinyenje working as a business man at Nakuru town. I reside at Nakuru pipeline just 1km from Nakuru pipeline company. my life i have spend at Nakuru from primary education to university level as i attended anestar sec and egerton university.
the hardship i overcome is fund to capitalize in my business. To start my business i borrowed a soft loan which the interest was very high hence discouraged more borrowing also from my career point of view i have done Agribusiness management which ignite me to invest on businesss, this is due to skills in learnt in that course work. The unique thing in our culture is how everybody believe in business investments. On career of my children is they like being Doctors and Nurses. My Unique hobby is reading kenya gazzette and watching soccer. My mission is to professionally exploit my skills, energy and experience towards quality and quantity output in the
field of Agriculture and Business related fields, with high level of competence and integrity for the
betterment of Kenyan people and the world at large.

My Business

My business deals with agrochemicals, that is i buy products from main distributors and sell the to stockiests and i supply thro motorbike. These products are very usefull to farmers as i deal with products from twiga chemicals, bayer east africa, osho chemicals and sygenta ltd. I like this business because it help me grow as i meet more farmers do do marketing about the products. Averagely total cost and revenue varies with seasons as the farming is all about seasonality but it is around 80,000 cost and frofit per month is approximately 15,000-20,000. My profit i use it for daily bread, incooperating back to the business, schoolfees to my kids and home improvement.

Loan Proposal

I will use the loan to buy stocks to to my business for example i will buy 1kg of fungicide at 1.2$ and sell at 1.3$. This profit helps me on the growth of my business as to my customers they are able to get farm inputs easily and use them to increase farm produce.
If i continue to get loan my profit will increase and hence my business grows.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$31.00

Date disbursed

Sep 15, 2017

Repayment status

Late

Projected term

6 weeks

Lenders

MR

Michiel Rauws

San Francisco, Netherlands

PG

Paul Graham

United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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