Entrepreneur
Name
Charles Kerina
Member since
April 2015
On-time repayments
278 installments • 72%
About Me
Hello am Charles Kerina from Kenya, Kilifi County. As a child i grew up in an extended family with around 12 of my cousins. We could work at the farm after school so as to get bread on the table. This inspired me to start farming for vegetables to help fed the less privileged in our community.
My Business
I farm vegetables such as tomatoes, spinach, kales, onions and cabbages. With an investment of $ 1000.00 I can make a 40% profit after tax deductions and paying all workers (included agriculture experts). I use 40% of the proceeds to help the needy students from a local school called Majaoni Prinary School. The remaining 60% is ploughed back to the business.
Loan Proposal
If i get this Loan I will purchase the following.
1. Labour at $100.
2. DAP Fertilizer for $ 200.
3. CAN Fertilizer for $ 240.
4. Fungicides at $100.
5. Kale's Pesticide at $30.
6. Tomatoes Pesticide at $ 40.
7. Tomatoes Foliorfede at $70.
8. Kales eeds at $ 40.
9. Tomatoes seeds for $70.
10. Transport is $100.
TOTAL $990.
I hope to feed more people And employ more workers to take care of my Farm.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$593.17
Date disbursed
Apr 16, 2019
Repayment status
Late
Projected term
19 months
Cost to entrepreneur
Service fee: $23.54
Credit risk payment:
$94.19
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