Loan for seedlings

Granvile Karanja Wambugu

Gateiguru, Kenya

100% repaid

Entrepreneur

Name

Granvile Karanja Wambugu

Member since

May 2016

On-time repayments

107 installments  •  76%

About Me

I was born in the capital of Kenya, Nairobi, but we relocated to upcountry while I was still a kid. Growing up in the rural area forms the bulk of my history including my early school life. I vividly recall experience in public school and it wasn't easy.

Encouragements and guidance from my parents helped me pass my exams in primary and high school despite numerous challenges. Eventually, I joined the university to pursue a applied statistics with computing degree.

While I am a graduate, my ambition is to venture into agriculture and create employment. Over the years I have tried my hand in farming with ups and downs. Although the journey is challenging it is not without lessons. I believe in the near future everything will fall into place and the rewards will be worth the efforts.

My Business

As mentioned, I plan to start projects that can help me growth financial.

I am passionate about horticulture and vegetable farming. I have severally reaped a handsome income from farming activities. My plan is to boost my farming venture.

Eventually, I hope to do farming in greenhouses. I want to start small and hence I require some cash to add to my savings to realize my dreams. I am appealing to lenders to consider funding this endeavour.

Loan Proposal

I have continually expanded my farming business. This time I wish to start a tomato seedlings bed from where I will get tomato plants to sell to other farmers and to plant some during the harvest time. I will, therefore, invest all of the funds in purchasing tomato seeds, preparing the seedlings bed and purchasing accompanying farm inputs such as fertilizers and pesticides.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$69.08

Date disbursed

Jun 11, 2018

Repayment status

On Time

Projected term

7 weeks

Cost to entrepreneur

Service fee: $2.91

Credit risk payment: $5.82

Lenders

Cloudways

Malta, Malta

ads68

Melbourne, Australia

Paul Buchheit

Mountain View, United States

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