For building storage

Boniface Orenge

Nairobi, Kenya

2% repaid

Entrepreneur

Name

Boniface Orenge

Member since

June 2016

On-time repayments

53 installments  •  2%

About Me

am boniface orenge 27 years, i have six siblings, four girls and a brother, unfortunately our parents passed on while i was very young so my elder brother and sister had the responsibility of raising us, it was tough for them but in a way they saw us through.
after the struggles we had as kids i decided to do something that can help thats when i got it onion farming, i started with a small amount that my sister would sell in the local market, when i saw the demand was high thats when i started dong it in large scale, so people would come at home and make purchases.

in our land its really fertile and we can depend on rains so that made my work a bit easier since i did need to install an irrigation plan.

during my free time i love cooking so i usually love cooking for my family when am free, atleast to say thank you to them.

My Business

i sell my onions in crates and a crate goes at kes 700, in a month i harvest at least 40 crates this gives me an income of kes 30000 on a monthly basis. i distribute this into various portions to help out. i spend kes 10000 for weeding and pesticides, kes 10000 to pay rent and take care of my household bills kes 3000 goes to my sacco contributions and i make savings of kes 7000 every month for emergencies.

Loan Proposal

i need to build a storage house for my onions, this will help me get more returns since part of my harvest gets spoilt during the rainy season, building this will cost me $ 300,, this is to purchase timber, nails, roofing sheets and pay labor.

am able to raise $ 100 and am here to request a loan of $ 200 to help me finish my project. i promise to make payments on time . i will be grateful if you fund my loan.

thanks

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Jun 16, 2016

Repayment status

Late

Projected term

12 months

Cost to entrepreneur

Service fee: $8.23

Boniface opted to pay $58.90 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

W

winfried

Seoul, Republic of Korea

T

Tec69200

Jacksonville, United States

L

Ladysmom

Dallas, United States

J

jonastang

Hong Kong, Hong Kong

Z

zvrk2014

Brookline, MA, United States

N

NOWfund

Tokyo, Japan

J

jsbisa

New Orleans, Louisiana, United States

K

kennychit

United States

KM

KHS Microfinance

Tampa, United States

RM

Robbie McCullagh

Waverton, Australia

A

Alexander

Innsbruck, Austria

M

Morange

Republic of Korea

DF

Daniel Fehr-Krahn

Winnipeg, Canada

JA

Jared Anthony

CT, United States

KO

Kevin OBrien

Denver, CO USA, United States

George

Corvallis, Oregon, United States

CNV

United States

Cristina Huesch

Canberra, Australia, Australia

Carla

Amsterdam, Netherlands

Pedro R-C

Cambridge, United States

Aylsham Rotary

Aylsham, Norfolk, Uk, United Kingdom

KM

Keir M

London, United Kingdom

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