Loan for tree seedlings & crops for planting in organic farm

Mark

Rusinga Island, Kenya

100% repaid

Entrepreneur

Name

Mark

Member since

May 2015

On-time repayments

116 installments  •  70%

About Me

I am Pastor Mark Chacha Sabian , I was born in 1958 in the beautiful Island of Rusinga in Lake Victoria, Kenya. I was the 8th born in a family of 9. My father was a fisherman and my mother a peasant farmer.

I grew up in a very loving environment though my parents had a very low income. I did not proceed with my education to high school due to lack of funds to support my education. After dropping from school, I got married in 1986 and God has blessed our marriage with six children of which 3 are surviving.

I am involved in mixed farming and tree nursery for commercial purposes. I grow lots of fruits like grafted mangoes, paw paw, watermellon and oranges. My farm is organic and I do grow food crops like maize, sourghum and tomatoes.

My Business

From my tree nursery i sell upto 400 trees on average per day which bring a capital of 5US$ daily. The tree nursery is doing very well. I have integrated food crops in the farm and the high yield maize crops serves as food for my family. I have many customers because i have the best of what they need because I put alot of effort in my work , moreso sell to them indigenous trees which are seldomly found currently but to me easy to find because of my nearness to a hill and forest . I drwa water for watering the farm from the Lake Victoria using a foot pump. Repaying the loan will be easy for me because in the same piece of land i grow maize of my own while during dry season we harvest dry them and sell.

Loan Proposal

I am seeking a loan of US$100 that will enable me to buy assorted improved seedlings and gunny bags for making compost heaps for use in the organic food farm.
-US$50 will be used to buy assorted seedlings.
-US$30 will be used to buy cotton bags for making tree seedlings
-US$ 20 will be used to buy horse pipes for watering the plants.

Thanks alot for your loaning. I will repay the loan on time.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

May 29, 2015

Repayment status

On Time

Projected term

4 months

Lenders

D

doroncoh

Tel Aviv, Israel

P

paulk

United States

Dayton

Vancouver, Canada

PG

Paul Graham

United States

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  • shena    Feb 3, 2017

    Hi Mark, how is your seedling business doing? We would appreciate an update. Thanks.

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  • Benni    Jul 28, 2016

    Thanks for repaying frequently and on time! Hope business and ( even more important) health is good!

    It's a pleasure to fund you!

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  • Mark    Mar 28, 2016

    I will improve my weekly remittances later on when the business picks up.

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  • TrademarkMan    Mar 11, 2016

    Congratulations on your new loan, Mark. Best wishes for your continued success!

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  • Mark    Mar 6, 2016

    Thanks so much for your funding. The loan will help in purchasing seedlings for planting.

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  • Mark    Mar 3, 2016

    I sincerely thank my lenders for the financing of my business. I appreciate your support that has made my business to grow.

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  • Mark    Oct 1, 2015

    I am purchasing seedlings and it will take a bout 4 weeks to pick up well. I will re-adjust.

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  • Mark    Sep 24, 2015

    Thanks alot for your loaning. I will use the loan to improve my business. I remain grateful for your support and trust in my business.

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  • Anne Kristine Mouritsen    Jul 12, 2015

    Hello Mark,
    I hope it is all fine with your business. It is the first time I have tried to lend out money this way.

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  • Mark    Jun 26, 2015

    I am picking up with my business. I will re-adjust my payment again.

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