Improve my agriculture in tea farming.

Victor

Bomet, Kenya

Funds disbursed

$0 to go

100% funded of $10 goal

0

days left

Entrepreneur

Name

Victor

Member since

August 2018

On-time repayments

4 installments  •  25%

About Me

Am Victor Cheruiyot a kenyan citizen by birth. I was born in the year 1994-13-01 at Konoin District, Cheptalal Division, Kiptenden Location, Tabain village. At my tender age, our teacher used to teach us about business and how to work hard for the betterment of tommorrow. At my secondary school level i was the best in Business subject and i knew what business really entails in the normal life. After school i saw it better to venture into business to sustain myself and our family. I am a good time keeper and i work to my best to ensure good running of my business.

My Business

I have a tea plantation whereby i am paid my monthly proceeds at the end of every month and i always weigh 800 KGS per month and I kg of fresh tea leaves cost 25 Kenya shillings. At every month i pocket approximately sixteen thousand after subtracting the costs i use. Again I am a poultry farmer and i own 70 chicken and i got a tender to distribute eggs to one of the performing hotels in our county. I always consider saving money and making huge profits in order to educate my sisters and grow my business big.

Loan Proposal

When i get a loan i will use it in improving my agricultural sector as in buying fertilizers to spread to my tea plantation so that it may enable me me get more kilos from plucking. Again i will use the loan in buying more kilograms of tea leaves from farmers to increase my monthly cumulative to boost my monthly proceeds. I will use 100USD dollars in purchasing 4 sacks of fertilizers whereby 1 sack costs 25USD. Again i will use another 100USD in buying ready tea leaves from farmers whereby 1 kilogram of ready plucked tea costs 2.5USD. This will now enable me get get huge profits and build trust with Zidisha and pay my loan on time.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$10.00

Date disbursed

Oct 3, 2018

Repayment status

Late

Projected term

3 weeks

Other loans

Lenders

A

Anonymous

United States

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