Purchasing seeds, fertilizer, and sprinkler for produce farm

Patrick

Githurai 45, Kenya

100% repaid

Entrepreneur

Name

Patrick

Member since

February 2015

On-time repayments

193 installments  •  20%

About Me

My name is Patrick.
My home town is the same as of our first and fourth presidents in the Republic of Kenya.
I am single and vegetables farmer.

I went to primary school but did not proceed with higher education due to financial constrains.

My people do subsistence farming but as for me, I had to make a living.

Without secondary education, I had to work extra hard and with my own hands earn my daily bread.
This was my passion to make my farming an income generating project.

I am a talented Keyboard player and I am actively involved in my church.

My Business

My business entails growing and selling fresh vegetables including: Onions, Spinach, Sukumawiki(Kales), corgets among others.

People love my products because they are fresh from the garden, grown with fresh water unlike many that are grown in sewer lines.

When I grew up I found this business is taking me well and I have continued to invest my time and resources in it.
My initial costs are:
>Buying seeds/seedlings
>Pesticides
>Buying a delivery cart
>Constructing a display shed
>Fertilizers
>Transport
All these would cost me USD 180 until maturity.
After selling I would get a profit of USD 100 which would be after 3 months in the garden.

The profit is what I live by. Paying rent, buying new seeds, and paying my part time music class.

Loan Proposal

When given the loan, I would invest to increase my production as follows:
1. Buy Overhead Sprinkler USD 30
2. Buy variety of seeds/seedling USD 25
3. Buy Fertilizers USD 30
4. Buy pesticides USD 5
5. Connect garden to water mains USD 10

It shall be a moment of great joy to me and my clients when this loan is funded.

Thank you team.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Feb 16, 2015

Repayment status

On Time

Projected term

5 months

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