Loan for rabbits, pigs, tea and coffee farming
Erick
Kanja, Kenya
100% repaid
Entrepreneur
Name
Erick
Member since
November 2015
On-time repayments
155 installments • 21%
About Me
I am a 28-year old educated male, engaged in full time farming. I rear cattle, pigs, rabbits, and chickens besides practicing tea and coffee farming. After the loss of my parents, I was left with the responsibility of managing the farm. At the moment, I am facing a cash flow challenge and I looking forward to having a mutually beneficial relationship with the lenders.
My Business
I rear cattle, pigs, rabbits and chickens. I also have a tea and coffee farm that I inherited from my parents together with my other three siblings. Annual income from the tea and coffee farms is approximately 180,000 KES. I have not started realizing profits from my livestock yet because the venture is still in startup stages. However, I expect to be getting about 200,000 KES.
Loan Proposal
I have a challenge with cash flow and the money I am seeking will help me improve my cash flow. I need money to pay workers, purchase tools and equipments, and repair some dilapidated structures that I need in my farm.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Dec 29, 2015
Repayment status
On Time
Projected term
14 months
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