Hire land for expansion

Wegesa Mwita

Kuria, Kenya

53% repaid

Entrepreneur

Name

Wegesa Mwita

Member since

May 2017

On-time repayments

20 installments  •  80%

About Me

I have three grandchildren who I take of , I lost my husband early in life and I was left with five children to take of. I had to work very hard to provide for them and take them to school. I grew tobacco and vegetables that gave me some income to help me in life. I currently grow kales and tomatoes. I also help in midwifery during my free time and when need arises.

My Business

I sell vegetables that I personally grow on my farm,vegetables are liked by the locals here as they use them in the taking of ugali. Vegetables are taken daily, in every household and home. I chose it because they sell very fast. I use around KES 3000 on a half acre and get around KES 10000.I use the money to increase production, pay fees for my orphaned grandchildren and save the rest.

Loan Proposal

With the money I will hire a fertile peace of land from a neighboring farmer to plant more vegetables. I expect to hire a 0.5 acre land that will be used to plant 500 tomato plants and another 1000 kale plants. This will cost approximately 15 USD.
I also will buy more farm input eg seeds,fertilizer and insecticides that will cost another 10USD.
With this I will increase the production hence improve the profits and income.

Feedback

2

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Loan Info

Project Type

Classic Loan

Disbursed amount

$28.00

Date disbursed

Oct 10, 2017

Repayment status

Late

Projected term

2 months

Lenders

B

United Kingdom

Claire Lewis

Wales Uk, United Kingdom

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Summary

Amount repaid

$14.39

Amount remaining

$12.91

Expected completion

Dec 15, 2017

Status

Repaying late

Installment amount

$2.97

Repayment History

Expected Payments Actual Payments
Oct 20, 2017 $4.95 Oct 18, 2017 $1.39
Oct 24, 2017 $0.99
Oct 24, 2017 $0.28
Oct 27, 2017 $2.30
Oct 27, 2017 $2.65 Oct 27, 2017 $0.67
Oct 31, 2017 $1.98
Nov 3, 2017 $2.97 Nov 14, 2017 $1.07
Nov 21, 2017 $1.90
Nov 10, 2017 $2.97 Nov 21, 2017 $1.56
Nov 28, 2017 $1.41
Nov 17, 2017 $2.97 Nov 28, 2017 $0.85
Nov 24, 2017 $2.97
Dec 1, 2017 $2.97
Dec 8, 2017 $2.97
Dec 15, 2017 $1.88

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