Expand cultivated land for growing cabbages

Sammy Muluvi

Roadblock-eldoret, Kenya

10% repaid

Entrepreneur

Name

Sammy Muluvi

Location

On-time repayments

263 weekly installments  •  86%

About Me

I was born in Roadblock village of Eldoret North,Uasin Gishu County 25 years ago.I grew up with a vision and greater ambitions of becoming a lawyer so as i advocate and lobby for the disadvantage in our society as a country as well as Africa.But wait,what happen to this great dream?.I started my primary education and completed my class eight with a certificate of kenya primary school education.(KCPE).In 2007,I join a local secondary school where i worked both hard and smart so as tl realize my dream of becoming a lawyer.In 2010 I completed my secondary school and passed with a mean grade of B(plain) but could not join university due to financial constraints.Instead I decided to become an entreprenuer doing a business of selling polythene bags in Eldoret market.After two years of saving,Ihad enough to start my own Glossary in Edoret,where i sell fruits and vegetables.

My Business

As I have fore mentioned already in my profile,I currently sell fruits and vegetables (glossary).Currently Eldoret town being the headquarters of Uasin Gishu County.This has attracted many people into the town who engage in various activities and at the end of the day they pass through my kiosk to buy some fruits and vegetables.This has made it worthwhile to sell my vegetables at a friendly prices which makes them to go faster.After restocking my business using the 1st loan I secured from Zidisha my current business is worth 150 dollars.This has given me morale even to expand further my business since am currently competing favorably in the market economy.And in that I say thanks to zidisha for the great financial support you gave me.To speak I have made a net profit of 130 dollars within my five months of operation after I received my first loan. I anticipate that these will grow up to at least 160 dollars profit.The profit obtained I have been using it to support my siblings and this anticipated profit I will continue to dive support to my siblings and pay university fees next year to do a business course.

Loan Proposal

I would like to hire a land about 5hectres ,buy seeds,get workers ,and prepare the land so that I can plant my own cabbages for sales rather than going to buy from wholesalers and coming to supply them to my customers. The land that I want to hire I will pay 20,000 shillings to use it for a year .and 5hectres if land preparations is done properly, weeding , fertilizer application , pruning I will have made a great profit from of over 100,000.
Again I will be able to sell some as a wholeseller and others I will take them to the market for my customers .

Feedback

2

None

None

  • BernadetteV    May 30, 2020

    I’m happy to support Sammy who works hard and repaid all his previous loans.

    Log in to reply • Share
  • BernadetteV    May 23, 2016

    Regular repayments and the loan was repaid early. Very positive experience. We appreciated the regular updates about the business.

    Log in to reply • Share


Loading...

Lenders

Anya

Redmond, Washington, United States

Sayuri

United Kingdom

Heather

Taree, NSW, Australia

Vratik Krocik

Prague, Czech Republic

Sundstroms

Falun, Sweden

EA

Eric Albert

United States

JH

Joseph Hwang

Houston, United States

TN

the noob

United Kingdom

CF

Conor F

United States

P

Paul-S

United Kingdom

KM

Kirk Moore

Cerdanyola del Vallès, Spain

B

Berni

Germany

Show all

Loan Info

Disbursed amount

$336.49

Date disbursed

Jul 19, 2021

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: 5% of $336.49 = $16.82

Ask Sammy a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Payments Forward

Amount returned to the platform for this project

Pay It Forward Projects funded by Sammy

$0 (0 Projects)

Projects funded by Sammy's Pay It Forward recipients

$0 (0 Projects)