Entrepreneur
Name
Erastus
Member since
September 2012
On-time repayments
76 installments • 95%
About Me
My name is Erastus Wakugwa Kamau. I come from Kahuho centre, Nakuru County where I reside. Kahuho is approximately 19 Km from Nakuru Town on your way to Nyahururu where you aright at Maili Saba and take a murram road towards St, John Primary School then Karunga trading centre then Kahuho Centre. You ask for Erastus. I am married and a father of 5 children and am a farmer.
My Business
I have 1 ½ acres of land whereby ¾ acre I have planted Ovacado fruits and a fruit tree nursery. When I harvest ovacado fruit I get a total of about Kshs. 70,000 and a fruit tree nursery gives me a profit of approximately Kshs. 100,000. In total I get an annual income of Kshs. 170,000. I have got livestock which gives me an income of about Kshs. 50,000 per year
Loan Proposal
hi lenders, am grade that at to this point i have improved my business at a rate that i was not expecting. am doing good and hope for more and more improvement. i would like to move a step further and add more stocks and start an Agrovet. i will use kshs 20,000 to buy fertilizer, animal feeds at kshs 20,000 and the rest i will buy farm inputs. i hope that this will work because we are approaching farming season. with this type of business i hope to get a lot of profit from it. thanks a lot.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$858.00
Date disbursed
Dec 19, 2013
Repayment status
On Time
Projected term
17 months
Other loans
Lenders
Sarasota// Phnom Penh, United States
United States
Germany
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