Lease of a bigger parcel of land and purchase of farm inputs

James Mwanzia

Nairobi ,donholm, Kenya

17% repaid

Entrepreneur

Name

James Mwanzia

Member since

September 2017

On-time repayments

20 installments  •  55%

About Me

My name is James Mwanzia David.I am an electrical Engineer with the Kenya power and Lighting company .I grew up and schooled in Machakos County then later came to Nairobi for my college where after that i got employed.I started my farming bussiness because i felt that a single salary was not enough for me and my family.I leased a farm at a place called Ngoliba about 80 kms from nairobi town which is near a permanent river that supplies my farm with water.Over the weekends i am at my farm and on weekdays when at work my farm manager takes care of things.

My Business

My business is farming as well as supply of farm produce to the market here in Nairobi.I am also employed with kenya power and lightining company as an electrical Engineer.I therefore would like to borrow to add on my farm acrage and buy seeds and fertilizers as well as farm chemicals.
Below is what i would like to do with my new loan

Ferilizers @usd 100 his includes CAN,DAP and top dressing
Chemicals @USD100her are a wide range of this from fungicides o acaricides
Increasing farm land @ USD100.we lease at ksh 10000 per year which is wo rain seasons.
he remaining USD100 plus wha i have saved his far will go labour

Loan Proposal

With the above loan i would like to buy
fertilizers ie DAP,CAN and NPK for usd 100
farm chemicals ie Belt,Confidor and folliar feeds at usd 100
Lease of an extra piece of land for usd 100
labour for land preparation @usd 50
petro for water pump @usd 50
after all this is done my crop will soon be out in the market and the ones in the nursery will now be transplanted to the new piece of land.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$335.00

Date disbursed

Jan 30, 2018

Repayment status

Late

Projected term

2 months

Lenders

Dianne

Maryville, United States

R

Raabo

Rungsted, Denmark

dcorbetta

Carate Brianza, Italy

N

Nicole

Pittsburgh, United States

Stephan W

Witten, Germany

Ed

Howells, United States

Vratik Krocik

Prague, Czech Republic

Paul Buchheit

Mountain View, United States

F

freytsis

United States

T

TP

United States

Michael Bauschke

Dresden, Germany

J

JB

Germany

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