Kip's Farm

Kipngetich

Koitalel, Kenya

8% repaid

Entrepreneur

Name

Kipngetich

Member since

October 2014

On-time repayments

21 installments  •  0%

About Me

I'm 27yrs of age,born from a christian background.i have certificate in national archives and records management.Being from a poor family,i had to work thru lots of challenges to complete my secondary school level...a times i had to work as a sand harvester during my holidays so as to get my school fees.a times even,i had to go plucking tea for my neighbours so as to get money for the school.in the year 2011,i got a casual job at a road construction company where i saved a small amount of money and start a maize supplying business in late 2012,where i used to go to places like chepseon and londiani where they produce maize,collected maize and selling to my neighbours...there is really enough potential here for agribusiness,because people only relies on selling tea leaves.i'm not married at the moment,but i hope soon.me wildlife is my passion and i always like watching these animals..it is my wish to let other people realize the importance of farming as a business.

My Business

As am talking now,am running a small shop with $300 capital,i have 2acre farm of potatoes,1/2 acre farm of beans...and over 50 houses of tea seedlings nurseries that takes around 60,000 seedlings,and by april next year,is when the seedlings would be matured for transplant at$ 0.89 per seedling...and the money am going to get here is what am going to use expand my business and to purchase an incubator because i have put up a poultry farm....and some to help my young siblings education.it is also my idea to start a watermelon farming because it is really marketable in our area yet no one is interested on planting it.

Loan Proposal

To expand on my potato farming..and am also intending to start a water melon farming which really is bringing alot of profit yet people have not start practising its farning in our place..as my loans grows and with the profit am going to get,i have start poultry farming too.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Nov 10, 2014

Repayment status

Late

Projected term

4 months

Lenders

Romojo

Paraparaumu, New Zealand

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