Generator for watering crops

Titus

Kololo, Kenya

100% repaid

Entrepreneur

Name

Titus

Member since

February 2016

On-time repayments

42 installments  •  71%

About Me

I am the third born in a family of 7 children ,I went to ebusakami primary school and then joined sigalame boys,I passed well my KCSE and scored B-, I am currently pursuing degree in business administration.I started my farming business after completing my secondary education,my fathers cows died and he could not therefore pay my fees,I borrowed money from my uncle that I used to buy seeds and asked my family members to help me prepare the farm,however since I was practicing rain fed agriculture ,i could not get more because of glut in the market.I currently reduce my production during rainy season and increase production during drought and irrigate my crops to get premium prices.
Our land is hilly and most people keep livestock for living and few practice farming.
I love reading novels,travel ling,nature walk and singing.

My Business

I provide vegetable to my customers who are mainly members from my community,and a neighboring school,the demand is very high and I sometimes send away customers.
I choose farming business it is easy to manage and run as well as it required less capital to start.
my monthly typical costs are $150 for manure and fuel for generator and my monthly revenues are $400. I use the profits from the business to pay my fees and take care of my mother.

Loan Proposal

dear lenders,please lend me $192 to help me buy a generator that i would use to draw water from the rivers to the farm and hence help me water my farm. The genertor would be fuel efficient and would help me prevent losses occasioned by extreme weather.thank you

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$192.00

Date disbursed

Jul 25, 2016

Repayment status

On Time

Projected term

46 months

Lenders

AF

a f

washington, United States

S

Senryu91

caldogno, Italy

paulclinton

malaga, Spain

Paul Buchheit

Mountain View, United States

N

Nora

Germany

PG

Paul Graham

United States

Taylor

Memphis, United States

K

Kenny

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

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