Name
Monica
Member since
February 2014
On-time repayments
221 installments • 54%
I live in Nairobi . I got interested in business because it will make me be independent and even create employment for others. For the past three years i ventured in agribusiness and it has really made me grow because I managed to purchase a small piece of land, thanks to my kind lenders. I now wish to venture into a new project of dairy farming and continue creating employment for the locals as i also grow and help educate my school going kids.
I Previously had an agribusiness project whereby I planted potatoes and vegetables such as cabbages, sukuma wiki, spinach as well as tomatoes. This agribusiness enabled me to purchase a small pieceof land at the village . I would like to construct a cowshed and now diversify into dairy farming. Dairy farming is a lucrative venture in our village and it is also dependable since it runs throughout the year. It also has ready market. The approximate cost of the cowshed is KES 70,000 .With your kind support, I will complete building a cowshed and when i finish paying of the loan, I will request another loan to purchase two or three cows to add on to the ones I have . Thank you so much as you purpose to lend.
Thank you.
I currently do small scale farming of potatoes. Am currently doing one care due to limited finances . Given the loan , i will lease two more acres at a cost of KSH 6,000 per year Each . Then i repay the loan and lend the next amount of KSH 38,000 that will enable me buy farm inputs for the two additional acres . I will have done 3 acres in Total and within three to four months , i will harvest the potatoes and move to the next cycle.
Thank you for support.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Mar 13, 2014
Repayment status
On Time
Projected term
5 weeks
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