Entrepreneur
Name
Levis
Member since
July 2015
On-time repayments
45 installments • 16%
About Me
I am Levis:).I am a young enthusiastic entrepreneur who is always motivated to fill any economical loophole within me and my capacity. At age of 21,I have managed to start my own business of farming after i lost my employment as an unskilled laborer at the age of 19 years. Since then, am striving to achieve my goals in business and thank God to the outcome.
My business has helped me raise my university fees for the last 3 years and now I am a law student in my Third year. I am planning to be a corporate lawyer running my own businesses and companies in 3 years from now.
My Business
In my entrepreneurial life, I found a large unsatisfied market niche in agricultural products. So I am investing in Farming.I have acquired 3 acres of land where I practice my farming in the agricultural lands of Meru region in Kenya. My farm products are major agribusiness products like capsicum and maize. I am planning to extend to garlic farming as well due to the high demand in the market. I choose this business due to the high demand for the products especially in towns and cities where they basically purchase 100% of foodstuffs in the houses.
Farming is a nice business to invest in since it assures 300% profit in a period of 3-5 months. My seasonal investments ranges from shillings 30,000-60,000 and this gives me an output of shillings 120,000- 240,000 within 3-5 months.
This is basically my business. My profits are majorly source of reinvestment capital and some portion I channel it to my university school fees. Am grateful and wish to thank all lenders and well wishers in advance.
Loan Proposal
My intention for the loan is to upgrade my style of farming from old technology to a modernized technology.So, I will purchase a green house tent for maximum productivity to boost my out put.
Initially to test the depth of its viability, i will purchase a small greenhouse and continue practicing the agribusiness farming in there. Once i way the out put i will extend to a bigger one. I plan this with the hope that well wishers and lenders will support me to realize my dream.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Sep 13, 2015
Repayment status
Late
Projected term
10 months
Lenders
Taiwan
United States
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