Hole digging and manure purchase for banana plants improvem
Erick
Soymet, Kenya
17% repaid
Entrepreneur
Name
Erick
Member since
February 2017
On-time repayments
79 installments • 53%
About Me
I am a 25 year old boy born in the year 1994 at yaganek village in Sotik district Bomet county. Did my K.C.P.E in the year 2009 and joined form one where i passed through many challenges of lack of school fees since my brothers and sisters were also in school and needed money for their fees, severally i was being sent home which affected my studies but thanks to God i passed through my hardwork.After my K.C.S.E I stayed at home helping my parents in the farm work where i learnt that farming earns alot, so i requested a piece of land from my father to plant my own crops where he did unquestionably due to the work they saw in me. l involved in planting indigenous crops such as the spider plant and other vegetables like carrots which did well. l joined Egerton University to pursue teaching as my career but the challenge of fee still accompanied me but my savings from my farm project help me and was able to join campus. To continue with my farm project i went home each weekend to monitor the work being done through the funding from a fund i requested from my uncle.The project deed well and my father added me one and a half hecta piece of land to manage. The earnings from the farm paid my fees and abit of my sipplings but saving a little each month. This will help me make my children to be successful in life and be able not to face challenges in paying there fees since I dont want them to pass through what I passed. Now i am at my final year without the challenge of fee.God has done great things.
My Business
my business is what i refer to as KILIMO BIASHARA since farming is where i get my daily bread. Planting crops such as cabbages, sukuma wiki, carrots, spinach and some indigenous crops has earned me a minimum of ksh12000 per week which i see as an improvement from ksh1500 per week at the start. I sell my crops locally to local retailers.More so I have engaged in banana farming the tissue cultured variety where I have planted a one hecta plantation and planning to increase the plantation with time. This has done well and have been given a tender to supply 3 crates each week by a school in my neighbourhood which I see as Gods blessing. This has improved my weekly income ranging from ksh12000 to ksh15000. In general zidisha has helped me a lot grow economically.
Loan Proposal
With my farm planning on the banana plantation progress, I would like to plant new twenty banana plantation which requires twenty holes to be dug costing $40 and $20 for planting. Manure to use during planting and in boosting the existing plantation costing a minimum of $230 is required where I add on what I usually prepare. Also to prevent deseases caused by small insects that spike the banana fruits, some insecticides costing $95 is in need for spraying so as to get quality fruits. This will at the end make customers attracted by the fruits and thus increase on the income with minimised loss.
Feedback
Positive
2
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$391.00
Date disbursed
Dec 13, 2017
Repayment status
Late
Projected term
36 months
Other loans
Lenders
Hong Kong, Hong Kong
Stamford, USA, United States
Fontvielle, Monaco, Yemen
Taiwan
United States
United States
San Francisco, Netherlands
Sweden
United States
United States
Sweden
New York, Ny, United States
United States
Switzerland
United States
United States
Ask Erick a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
BernadetteV Nov 11, 2017
Erick Nov 11, 2017
BernadetteV Jul 9, 2017
Loading...