Fund to buy seeds and pesticides

Teresa

Kisii, Kenya

100% repaid

Entrepreneur

Name

Teresa

Member since

December 2017

On-time repayments

30 installments  •  60%

About Me

I was born and raised in a kisii , I went to nyakongo primary school were I did my kcpe exams. I later joined Kenyoro high and did my kcse in 1993. Due to financial constrains I was unable to join university for further studies. I joined a polytechnic where I studied tailoring that enabled me meet my daily basic needs.
With the high demand of crops like carrots and onions I decided to venture into it.
The unique thing about our land is it is fertile and well drainage throughout the year giving room for farming.
I am blessed with a family of 4 ,3boys and one girl. My first born tells me that he wants to be an engineer when he grows up.
During my free time I like to watch and listen to music.

My Business

My business is about agricultural farming. I grow short term crops like onions carrots tomatoes.these goods are useful because there are ever needed I choose these kind of business because of availability of land and the constant available market.
My tipical costs are ; seeds of various kind say onions and carrots at 1000shs. Fertilizer 800. Pesticides 1500.
On a good hervest I manage to get 12000 in six months time.
The profit I get, I use it to pay school fees for my kids and other basic house requirements.

Loan Proposal

With these loan , I intend to top on what I have to buy seeds and pesticides for my onion farm.
These will enable me protect my onions from pests and also enable me get a good harvest at the end of the season. The pesticides is 5 rollers a packet and I need three which will cost 15 dollars. From the harvest I expect a return of 140 to 160 dollars. These will enable me meet my expenses of fees for my children and food for the family.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$14.00

Date disbursed

Mar 31, 2018

Repayment status

On Time

Projected term

5 weeks

Lenders

MarktheMormon

Sandy, Utah, United States

RM

Roddy Murray

United Kingdom

R

Roman

Slovakia

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