Insecticides and pesticides for mwihoko farm

Patrick Nguku

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Patrick Nguku

Member since

December 2017

On-time repayments

41 installments  •  100%

About Me

My name is Patrick Wambua Nguku.I was born in Kamanzi Village , Kangundo location in Machakos county-Kenya.I am the second born among eight others.I schooled in Kamanzi primary school and Manyatta secondary school.I was raised by a single mother and went through many challenges including school fees.I left home for the capital city Nairobi where i had part time jobs which were not able to cater for my needs.I later started a small business to distribute cakes .I later become a pastor and started the current business of Green grocers which i am currently involved in.The land in Machakos is very fertile .I have a family which i am also taking care of together with my mum .

My Business

I usually plant maize and beans.I chose this type of business because it is very profitable and in high demand.Our county and country usually requires alot of food through out the year and especially during the dry span.I usually make a profit of 50% to 80% in a given season.I want to be buying more for sale to add to what i am already doing.I intend to use the profits to buy a greater farm and expand the business.

Loan Proposal

I kindly request for a loan to buy pesticides for Mwihoko farm.This will cost $35.This will benefit me because i will get better yields which in turn i will use in my family and sell the rest to my neighbours.I will use the proceeds to support my family and improve the farm.I expect a 10% increase in my profit.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$20.53

Date disbursed

Mar 14, 2018

Repayment status

On Time

Projected term

4 months

Cost to entrepreneur

Service fee: $0.86

Credit risk payment: $1.73

Lenders

MarktheMormon

Sandy, Utah, United States

J

JMK

United States

Mr Chris Turner

Cambridge forever England, United Kingdom

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