High-yielding seeds for my greenhouse farm

Joel

Njoro Town, Kenya

100% repaid

Entrepreneur

Name

Joel

Member since

June 2014

On-time repayments

200 installments  •  88%

About Me

I`m Joel Kandie,yet to marry.I come from a family of 7 children.I`m horticulturalist by profession having pursued a barchelors degree course in horticulture. Currently I`m employed with Hangzhou Agrochemical Industries East Africa LTD. I want to expand my part time investment which I started by constructing a greenhouse in my area then later started an agrovet shop for selling farm inputs and agrochemicals. I like working with charitable organizations in my community. I also like reading inspirational books like ``Understanding your potential by the late Dr. Myles Munroe`` that help uplift my motivational norm. I would like to be an employer in the future and help create employment opportunities to both graduates and non graduates.
Currently part time business builder.

My Business

It is now more than two years since I started my Agrovet shop where I sell various agricultural farm Inputs and equipment and I am glad that it is running well.I have increased the quantity of the products I sell because of huge demand as more youths have ventured to farming thus embracing agribusiness.
Due to the fact that many youth have embraced farming I am seeking funding to buy a more stock to meet with high demand for farm inputs.By providing steady supply of Farm inputs to farmers, I will have created confidence with them enabling me have an advantage over my competitors.My vision is to empower many jobless youth to embrace farming hence eradicating poverty.
.I project the net profit to rise by approximately 20% after the stock increase which I will reinvest in growing the business.
Kindly support futuristic dream.

Loan Proposal

When I get this second loan,I will first of all buy more seeds for onions,garlic and tomatoes which many people have had big demand on in the past. These crops have ready market as demand kept on increasing daily despite climatic changes.
I also plan to introduce new crops in the farm such as strawberry and cucumber which people kept on asking yet no source is available.
My main aim is to expand my small scale greenhouse to commercial farming which will enable me employ people hence create employment to my fellow graduates.
The cost price of these crops, farm inputs plus maintenance in the farm would cost me averagely $ 180.The output automatically overrides and is more than all input cost.I can project my output to be averagely double my input.
Kindly support my business venture.

Feedback

3

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Loan Info

Project Type

Classic Loan

Disbursed amount

$294.00

Date disbursed

Nov 21, 2014

Repayment status

On Time

Projected term

6 months

Lenders

R

Raabo

Rungsted, Denmark

investor

Candiac, Canada

ads68

Melbourne, Australia

K

kewlpluz

Moca, Puerto Rico

Cricketca

San Jose, United States

T

TodaRaba

Tacoma, United States

M

meric

Australia

D

DandS

United States

A

aliyabe

United Kingdom

DennisM

Netherlands

Mikers

Netherlands

SE

Sven E

Mannheim, Germany

John Altimate

Staffordshire, United Kingdom

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