Crop farming

Lydiah

Bibirioni, Kenya

6% repaid

Entrepreneur

Name

Lydiah

Member since

January 2013

On-time repayments

18 installments  •  17%

About Me

i am married woman and a mother of four children. Three are my biological children but the 2nd born is an orphan, my aunt’s child who had passed on due to malaria. My first born is in class four, class two the second born, baby class and an infant. i live in a 2 and a half acre piece of land in bibirioni. I am a farmer and that has enabled me raise my children. I use the cash i obtain to pay their school fees, buy their clothing and mainly for their medical expenses. I studied up to form four after which I decided to venture into fruit selling business. This was not as profitable and I gave up the business and decided to venture sorely in farming.

My Business

I am a farmer by profession and mainly farm on 2 1/2 acres piece of land. I mainly grow maize and vegetables. I use both organic and inorganic fertilizers while planting. I use animal (cows and hens) dung for the vegetables and fertilizers for the maize. This not only makes farming cheap but also health and is preferred by most people in my region. I harvest about 50bags of maize and sell each at 1500 shillings. This gives me about 75000. i use 32600 to buy fertilizers and pesticidesand 64,550for the labour. This gives me about 40,000 shillings profit on horticulture, and 30,000 on maize making it 70,000 shillings in a year.

Loan Proposal

Hi lenders, am grad for your assistance up to this point. Am now developing and i wish for more as i get assistance for you. as we approach rainy season, am planning to continue practice farming. i will use the money to buy 2 bags of maize seeds @ kshs 1800 per bag, 2 bags of fertiliser @ kshs 3,500, seedlings for horticulture @ kshs 1,200 and plough the land @ 2500.thank you a lot.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$93.00

Date disbursed

Feb 28, 2014

Repayment status

Late

Projected term

2 months

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