Fertilizer and seedlings to expand my vegetable farm
Beatrice
Kiamunyi- Nakuru, Kenya
11% repaid
Entrepreneur
Name
Beatrice
Member since
December 2014
On-time repayments
112 installments • 7%
About Me
My name is Beatrice Jerono from Kiamunyi- outskirts of Nakuru town in Nakuru county. I am 30 years old and married with three children.
I studied a certificate course in general agriculture from Rift valley institute of science and technology but have never been employed.
I spend most of my time managing our small vegetable farm that is our main source of income. During the evenings, I sell vegetables in a grocery shop outside my flats.
My Business
We have a small farm where we cultivate mostly vegetables especially kales. It is our main source of income for the family. I sell them both on wholesale and retail. My main customers are the grocery owners within the estate and the neighboring estates.
I also have a small grocery shop that I use to sell the same vegetables on retail especially during the evenings when the demand is good.
The business is good and only to expand the size of my vegetable farm
Loan Proposal
Since the small piece of land on vegetables has been impressive, I would like to expand my vegetable farm by planting a newly cultivated 1/8 acre that was previously used for maize production.
Therefore, i will use the loan to buy seedlings, fertilizer and manure. To save on time and ensure quality, I often buy ready seedlings from neighborhood. The $88 loan will help me in the following;
$33 on seedlings
$28 on fertilizer and
$27 on manure
The new farm will improve revenue that will go repaying the loan and savings for other investments in and off the farm.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Dec 30, 2014
Repayment status
Late
Projected term
26 months
Lenders
Portland, Oregon, United States
Elwood, United States
United Kingdom
Jake Gibson and Beverly Picardo
San Francisco, United States
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