Entrepreneur
Name
John Mbugua
Member since
October 2017
On-time repayments
53 installments • 11%
About Me
I am a 42year old Kenyan farmer that exports Chillies to UK, Germany and Norway from my leased farms in Kajiado and Embu Counties.
I am an ex-banker with 15yrs working experience from Barclays, ABC and Jamii Bora Banks in Nairobi City County.
Currently, I combine agribusiness and real estate agency as my core income generating activities.
My Business
1. Agribusiness I: I grow various types of Chillies for export markets in leased farms in Kajiado and Embu counties.
2. Agribusiness II: I grow food crops including potatoes, maize, cabbages and carrots for local markets in leased farms in Nyandarua and Kiambu counties.
3. Real Estate Agency: I collect rent and manage properties in Kitengela, Kajiado County, at a commission or management fee. I also participate in sales of plots and houses in the same neighbourhood to gain sales commissions.
4. Project Finance Brokerage: Using my skills and networks in the banking industry, I assist in doing project proposal to attract funding to viable projects.
Loan Proposal
50% of this cash is needed to pay staff on site to harvest the chillies daily from 7th to 15th. December 2017.
50% of this loan will be utilized for transportation of bags of chillies from the farm to a packing house at the Jomo Kenyatta International Airport.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$28.00
Date disbursed
Dec 9, 2017
Repayment status
On Time
Projected term
10 months
Other loans
Lenders
San Jose, Costa Rica
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