Fredrick

Scheme, Kenya

100% repaid

Entrepreneur

Name

Fredrick

Member since

March 2013

On-time repayments

9 installments  •  56%

About Me

Am 37 years of age married with four children one in form three,the second born at form two,third born at primary level class five and the last born at class four.On faith matters am a christian by faith i fellowship with the Africa Inland Church.On business matter i specialize in farming which i have done for long and it has sustained me in meeting my family needs both at home and in school fees.Having an interest on this field i have gone to various seminars on how to improve in food production and on the new and modern ways of farming with an objective to see i meet the high demand on fees and home up bringing.

My Business

I also farm for commercial with an acre preparation amounting to 4000 on tilling the land,2000 on seeds,3000 DAP fertilizer,2000CAN fertilizer and labor in time of plantation which needs eight people i use atleast 2000 when it comes to weeding which it is done twice to its full mature the total cost for the two times is 5000.When it comes to harvest time i have been using 2500,harvest to transport to the gallery when it comes to tomatoes the cost of land preparation goes at 4000 DAP 3000,CAN fertilizer 2000 the cost for plantation require ten people with each pocketing 250 bringing to a total of 2500 this farming we have been doing it in hand to hand with my husband of whom we having been working as a team to see the family flourish and being strong financially.When the market goes well i manage to sell an crate of tomatoes at a cost of 3000,while on maize a bag sells at 2300 per bag.An acre can produce 60 bags if well looked while an acre of tomatoes until its end of harvest can bring a total of 120 crates.

Loan Proposal

I also farm for commercial with an acre preparation amounting to 4000 on tilling the land,2000 on seeds,3000 DAP fertilizer,2000CAN fertilizer and labor in time of plantation which needs eight people i use atleast 2000 when it comes to weeding which it is done twice to its full mature the total cost for the two times is 5000.When it comes to harvest time i have been using 2500,harvest to transport to the gallery when it comes to tomatoes the cost of land preparation goes at 4000 DAP 3000,CAN fertilizer 2000 the cost for plantation require ten people with each pocketing 250 bringing to a total of 2500 this farming we have been doing it in hand to hand with my husband of whom we having been working as a team to see the family flourish and being strong financially.When the market goes well i manage to sell an crate of tomatoes at a cost of 3000,while on maize a bag sells at 2300 per bag.An acre can produce 60 bags if well looked while an acre of tomatoes until its end of harvest can bring a total of 120 crates.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$97.00

Date disbursed

May 10, 2013

Repayment status

On Time

Projected term

9 months

Lenders

artnking

College Place, United States

B

Bavarian

Bavaria, Germany

Z

Zimaxx

Graz, Austria

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