Purchase of seeds for agribusiness

Kiptoo

Keringet, Kenya

25% repaid

Entrepreneur

Name

Kiptoo

Member since

December 2014

On-time repayments

66 installments  •  18%

About Me

My names are Kiptoo Bett. I live in Nakuru County, Kuresoi south constituency in a village called Kapkores. I come from a family of nine children. I am the last born in our family. I am a Christian with Catholic Church. I went to Keringet Boys high school and finished in the year 2011. I am single man. I decided to do cybercafé service to offers service to remotes areas. From the small amount I attain from Cybercafé, I am able to support my family.
I was born in the year 1992 7th December, i a Kenyan citizen of aged 23 years old. I have been working in a cybercafé for the last 2 years. I do hereby submit my applications to apply for the loans to enable me expand my business (buying of Milk).
I am still single working in a cybercafé offering various services to both Secondary School, Universities and Colleges. I further emphasis on myself that being given the loan I will used to explore for better business opportunity.

My Business

My business provides( both Computer & Agri-farming) customers with computer and farming products. I choose this two business due to the skills I have acquired when taking a Diploma course in the field of agribusiness and Information and Technology. The Services that are at high demand by customers are the teaching services for Computer Packages, Internet, Passport, instant Photographs Scanning, Typesetting and printing . however, to the agribusiness the service I am offering to the people are Educational tour especially to school’s students and pupils. My daily basis that is per day is roughly estimation of shillings 1500 thus it depends on days of the week. The loan I will used to explore for better business opportunity. Nevertheless, the Profits from this business, I keep them in a savings account to facilitate my school fee and my family at large.

Loan Proposal

In my area its not so many people are willing to do farming, so I decided to do this type of business thus it has a lot of farming hence no experience needed. In addition, our home is located middle of all school, so chances of tour visiting my farm is very high hence gained a lot of money.
After I get the loan, I will use to purchase more seeds hence the demands products.
Am intending to make a profit of $1300 if this project succeeds i will appreciate and thankful so much if I will get this loan as I plan Through zidisha and lenders I will go far achieving my dreams Thank you for your good work lenders and zidisha be blessed again and again as you fund my loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$98.00

Date disbursed

Apr 6, 2015

Repayment status

Late

Projected term

14 months

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