23 installments • 22%
My name is Festus kibet .i am the first born in a family of five. I finished my college course last year with a diploma in purchases and supplies. I live in Nandi hills and that is where my parents too reside. For the last 6 years when I was still in high school i was doing farming and we are blessed with green, fertile and large land plantations.
I started farming as I actually inherited from my farther and I also loved farming. These also could assist me in education and other needs as far as assisting my family too.
This year I planted maize in my land as I was maturing wheat and beans. I am borrowing these loan to assist me in buying final fertilizes for top dressing.
At my free time I always engage myself in farming and also feeding our cows at home.
Sundays we normally attend to church.
My farming activities is extensively in wide variety .right from maize production and what I produced last year, the farm also produces beans, kales and more vegetables.
I always supply my farming outputs mostly to kapsabet boys high school which has really seen me prosper and enjoy the farming a lot.
I have been having demand from the school and also availability of cereal board in kapsabet makes my farming inputs have market without any constrain.
The risks mostly can be infections of diseases as mostly if rains fail which rarely do we do irrigate.
I normally get an income of about USD 3500 T0 USD 4000 having an expenditure of about USD 1500.
I WILL BE ABLE TO BUY TOP DRESSING FERTILIZER IF I WILL BE GIVEN AN OPPORTUNITY.
Thank you so much zidisha for giving me a chance to access loans from your institution.
These being my first zidisha loan,i would like to use the entire loan for farming.
farming has been part of my life since i was young till now.For my maize plantation,its time to perform top dressing and i will use ksh 10,000 about usd 120 to buy Calcium Ammonium
Nitrate (CAN) fertilizer to be applied as top dressing.
The remaining amounts will assist me to buy already mature seedlings for the vegetables and onions which i will directly plant them as soon as i get the loan.
its rainy and very promising to do any kind of farming as long as the farming fits with the climatic conditions.
I will be very grateful for your help lenders.
Aug 19, 2014
Cost to entrepreneur
Lender interest: $150.52 at 6.96% annual rate over 1 month = $1.21
Service fee: $0.62