Ann Kingori

Tetu-subukia, Kenya

Funds disbursed

$0 to go

100% funded of $1,359 goal

0

days left

Entrepreneur

Name

Ann Kingori

Location

Tetu-subukia, Kenya

On-time repayments

12 monthly installments  •  8%

About Me

Am a residence of Subukia-Tetu farm and Kenyan citizen. Tetu is on your way to Nyahururu about three Km to Subukia center from Nakuru Plot number 201 Tetu Farm where I got married and am a farmer. I have been in farming since the year 2000 dealing in maize planting for domestic use but in to year 2006 I changed my profession of farming maize to tomatoes farming which I saw was profitable.

My Business

Most of the farmers grow long term crops. We started as a group of five people in 2007 where we decided to specialize in horticulture products such as tomatoes & cabbages. We formed a group where we were able to plant tomatoes but did not do well the first time. We decided that we would plant out tomatoes in an odd time i.e. when there would be no supply at that time so we decided to be doing that during the sunny season when other farmers are preparing their farm for maize plantation. By doing so we were able to raise good profit margin here we divided among ourselves.

Loan Proposal

for
now i have cabbages and a green house of my tomatoes so when i get
the second loan i will buy another paper to prepare my green house and
also pesticides of my plants and increase the the plants for december
demand .for now i have cabbages and a green house of my tomatoes so when
i get the second loan i will buy another paper to prepare my green
house and also pesticides of my plants and increase the the plants for
december demand .

Feedback

13

None

2



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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,356.69

Date disbursed

Dec 3, 2012

Repayment status

Late

Projected term

12 months

Cost to entrepreneur

Lender interest: $1,356.69 at 9.25% annual rate over 12 months = $134.21

Service fee: $72.55

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