Inventory to buy farming materials fertilizer and seeds

Kosima

Kawangware Nairobi, Kenya

100% repaid

Entrepreneur

Name

Kosima

Member since

March 2015

On-time repayments

71 installments  •  66%

About Me

Hi Lenders my name is kosima mpapale born in western part of Kenya. I learned in Eregi primary school in kakamega county and after completing my Primary school Education i did not continue with education due to lack of school fees because my parents were poor. I started farming variety of food which includes maize, Beans, cabbages , tomatoes and Kales.
I started this business because it only requires small capital since I had already been given family land by my parents . This Business have assisted me achieve my goals and take my kids to school. My childrens wants to be Farmers when they grow up because what im doing has inspired them and they want to follow the foot steps of their father. Thank you.

My Business

I m a hard working farmer and what i do is to plant variety of crops and sell them to the community. This Crops are very useful to the community because many people in our village depends on them for food and cash crop. I choose this kind of business because you can provid man power for yourself and No much exprience is needed. The cost of this business is 200 dollars. The profits that i get from this business i use part of it to pay school fees for my kids and save the rest for the upkeep of the business And Expansion of the Business. Thank you.

Loan Proposal

Hi lender , Given this loan, I will buy fertilizer for top dressing my maize and vegetables . this fertilizer cost 100 dollars and i would be very greatiful for your suport. this will improve my farm production and create create employment to other people in the community. my business is after harvesting my crops I sell to the nearest market. This will increase my profit by 50% from 20 dollars that I used to get to 40 dollars and will enable me pay fees for my children and repay my Zidisha Loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$72.00

Date disbursed

Jun 1, 2015

Repayment status

On Time

Projected term

2 months

Lenders

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