Improving my business of growing crops & raising poultry

Pacifica Matoke

Kisii, Kenya

Funds disbursed

$0 to go

100% funded of $848 goal

0

days left

Entrepreneur

Name

Pacifica Matoke

Member since

November 2017

On-time repayments

42 installments  •  79%

About Me

Hello, am Pacifica matoke, am 52 years old I reside in Kisii County. Am a house wife who mostly handles household chores but as part of earning extra income I managed a farm where I have planted bananas that I harvest twice per a month.
am blessed with two sons and the most money I generate from the farm helps to pay for their education.

My Business

My work mostly is with the my compound, as part of Making myself useful I started to plant bananas in the year 2013, at the moment I harvest bananas twice a month then sell them at a wholesale price to guys who take them to the city to sell.
I harvest 20 bananas per a harvest, then I sell at a wholesale price of KES 250 so in a harvest I make KES 5000, in a month I make at least KES 10000 from the bananas.
I use KES 100 to weed the farm and the rest I use it to for my sons' school fees and other expenses at home.

Loan Proposal

Hello, am applying for kes 89000, this amount will go to improving my farm to help me more profits.
My fence has fallen, I will use part of the loan to buy materials to install a better fence, I also intend to replace the old banana trees to ensure I sustain my income, I will replace the plants at intervals this will ensure I still have produce to supply to my customers.
From my previous loan I was able to add chicken, i will use part of the loan to stock feeds this will help me take care of them and avoid straining.
I will use, kes 25000 to buy posts for fencing, kes 5000 to buy nails and kes 15000 to buy a barbed wire for labor it will cost me kes 2000.
For replacing the banana trees, I will use kes 18000 to get banana trees, kes 5000 for manure that's added to the banana whole before planting and labor of kes 3500.
I will invest kes 10000, to buy feeds for the chicken, this a stock they will feed on for 2 months, the remaining kes 5000 I will use it to buy drinkers for the chicken, the ones I have are not enough and some have worn out.
Thanks for your support and be blessed.

Income Source

I have been delivering my bananas and eggs to my customers this has made it easier for those who are not able tcome to my farm. The delivery service has increased my customers and this has increased my income.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$848.55

Date disbursed

Aug 7, 2020

Repayment status

Late

Projected term

2 months

Cost to entrepreneur

Service fee: $71.51

Credit risk payment: $107.26

Lenders

PaulE

Cockeysville, MD, United States

C

cyrilleberger

Gammalkil, Sweden

JessieD

Alexandria, Va, United States

M

Mårten

Inden, Switzerland

ads68

Melbourne, Australia

Jason

Auckland, New Zealand

Stefano Bertolo

Luxembourg, Luxembourg

Scotts5320

New York, United States

D

DanielW

United States

Wouter Schoonveld

Amsterdam, Netherlands

Anna Hoad

Toronto, Canada

WE

Wendy Emlyn

Devon, United Kingdom

MR

Michiel Rauws

San Francisco, Netherlands

kt

Brush Prairie, United States

roark22

Geneva, Switzerland

P

PeterP

United Kingdom

GC

Greger Cronquist

Göteborg, Sweden

S

Sally

Australia

LR

Laetitia Rocha

United Kingdom

Seppo Ruohonen

Vantaa, Finland

Melanie White

United States

Sebastian

Australia

JH

Joseph Hwang

Houston, United States

B

Berni

Germany

F

Florian

Netherlands

RF

Ruth FT

Manchester, United Kingdom

Theo

Zürich, Switzerland

Michael Bauschke

Dresden, Germany

Chris

Fairfax County Virginia, United States

Jeff Tyler

Poquoson, United States

R

Richard

United Kingdom

SW

Sean Walsh

United States

Genuine Interest

Singapore, Singapore

KA

Kimmy and Chad

Los Angeles, United States

R

Roman

Slovakia

Jeanette

Fort Worth, Texas, United States

World Centric

Sonoma County, California, United States

G

Gabriel

Singapore

TN

the noob

United Kingdom

Kathleen Coleman

Oregon, United States

Eike Christian Lorenzen

Flensburg, Germany

A

Axel

Berlin, Germany

M

Martin

Switzerland

DD

David DeBry

United States

AL

Andreu Laguarda

Benaguasil, Spain

D

Dan

Australia

R

Ru

New York, United States

DK

Daniel Kalla

Saint Paul, United States

T

Thijs

Netherlands

Babbitt Family Foundation

Sioux Falls, SD, United States

SS

Stephen Stern

United States

K

Kuba

Poland

A

Andy

United States

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