Fertilizer for top dressing

Simon

Njoro, Kenya

100% repaid

Entrepreneur

Name

Simon

Member since

December 2017

On-time repayments

14 installments  •  64%

About Me

I am a male born in the year 1987.We are 8 children,5 girls and 3 boys.I am a high school leaver.I cleared my high school in 2007.We depend on farming and rental houses as our source of income. We started experiencing financial challenges when my father died in the year 2014.We stay In an area in Nakuru county, Njoro sub county where farming is very good.My hobby is farming both livestock and crop farming.I started agribusiness 2 years where I started rearing 4chickens.I now have 120 chickens

My Business

My business deals mainly with farming.I have greenhouse where I grow different crops.The crops include spinach and tomatoes.The business is highly profitable because in my area I am the only person with a greenhouse growing tomatoes. My customers are mainly schools and hotels which give me tenders in kilos.In a week,I sell about 100kgs of tomatoes at ksh80 per kg which equivalences to ksh40000 per month(about $400).I also sell spinach on weekly basis.I sell 7sacks of 90kg per of spinach.Each sack earns me about ksh1000(about $10).This gives me ksh7000 every week($70).In a month I get approximately Ksh28000.(about $280).I use the profit to pay school fees for my siblings and for maintaining the farm.

Loan Proposal

Purchase top dressing fertilizer for my spinach I will buy one bag 50kg fertilizer of urea .This is my peak season of sales I am expecting to increase my sales because my production will increase weekly supply to schools I have 2 schools that I have a tender to supply 2sacks of vegetables per week since this is a dry season the price and demand for vegetables is very high sale 90kg at 3000ksh. which is 30 dollars per sack in one week I sale 4sacks which is 120 dollars in a month its 480 dollars which is 48000 ksh Kenyan money

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$18.00

Date disbursed

Jan 23, 2018

Repayment status

On Time

Projected term

2 weeks

Lenders

PB

Powered by me

European Union, Netherlands

Ask Simon a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...