Slyvia Otieno
Bunyala, Kenya
100% repaid
Name
Slyvia Otieno
Member since
February 2015
On-time repayments
25 installments • 44%
My name is Slyvia Atieno, I was born in Bunyala in the shores of lack victoria,my parents died when I was only five years old,leaving me with my aunts who took me to school. I went to Nabula primary school,and joined samia girls for my o-level.
my aunt who was taking care of me passed on while I was in my final year in secondary school,she passed on while I was just about to sit my final exams ,these had great impact in my performance and so I missed government sponsorship to join college. After secondary education I did not have any source of income yet I had bills to clear, I was forced to work in peoples farms to get $1 a day just for food and other basic needs. My former secondary school teacher, gave me $40 ,that I used to prepare my farm to grow traditional African vegetables,I source my water from a nearby stream and irrigate my farm.The returns are good.
My community is mainly made of fishermen ,the unique culture is fishing.
my hobbies include,reading,farming,making new friends,and boat riding.
I grow and sell vegetables which are very demandable. most people here are fisher men and so the vegetable supply is very low,only few people do vegetable farming and that is why the demand is very high.
I choose this business because , I had experience in crop farming and I knew the products will move.
I spend $100 on labor seeds and manure.My revenues are $250.
I use my revenues to pay rent for my house,take care of my basic needs and pay for my fees in Bumbe technical college where I do Diploma in farm management.
How are you today?? I hope fine. I am doing fine here. I am requesting you to finance my loan so that i can easy the transport sector in my business through buying a wheelbarrow that i will use for transport within the farm and a bicycle that i will use to deliver orders to the market.These will be a major breakthrough in my farm since the,operating costs will reduce by 50% and that means my profits will increase by 50%. I would really appreciate your support once again.thank you.
Positive
3
Neutral
None
Negative
1
Project Type
Classic Loan
Disbursed amount
$200.26
Date disbursed
May 10, 2015
Repayment status
On Time
Projected term
6 weeks
Cost to entrepreneur
Service fee: $6.89
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