Entrepreneur
Name
Davis
Member since
January 2015
On-time repayments
26 installments • 46%
About Me
My name is Kwoba Davis. I went to Esirisia primary school and later joined Esirisia secondary school where i successfully completed secondary education.since we were many in the family my father believed o-level education was enough for one to survive. Armed with my form four certificate,I went to capital city Nairobi searching for greener pastures. I tarmacked for several days and no job seemed to come my way. I final decided to go back home to my rural area. Life became unbearable and so I decided to try my hand in bee keeping and horticulture farming.
I cut timber and made traditional hives and after three months the investment paid off. I sold my harvest and with a loan from my youth group ,bought my first modern hive. that is how I become a bee farmer.
I have two kids Michael and Hellen. Mike want to be a doctor while Hellen wants to be a nurse. I do my best to keep them in good schools so that they can achieve their dreams.
I like making new friends and blogging during my free time.
My Business
I am bee keep and so my products include honey and wax. I sell my products to the local supermarkets and local markets.
Honey is one of the best natural sugar available in the market. Most people prefer honey as source of sugar because it does not have chemicals . My society also uses it for treating wounds and fever.
I choose this business because it is easy to manage and required less capital to start.There are also little costs in running this business.
In a month i use $20 for buying sugar to feed the bees that is only during dry seasons. My monthly income was$150 but it increase to $270 after receiving my second and third loan.
I use my revenues ,for saving,buying basics for my family and paying school fees for my two kids .
Loan Proposal
Dear lenders,I am happy to report the business is doing well and the market has expanded.I am overwhelmed by the high demand of my good quality honey. I am looking forward to buy four top bar hives.these will increase my production by 100% and revenues by smiler amount in the next two months. step by step my farm is growing and I thank you for supporting me always. Good health and success in your endeavors.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$428.00
Date disbursed
May 14, 2015
Repayment status
Late
Projected term
3 months
Other loans
Lenders
Tromso, Norway, Norway
United Kingdom
Doha, Qatar
United States
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