Loan to buy a donkey to transport vegetables to market

David Juma

Amerikwai, Kenya

Funds disbursed

$0 to go

100% funded of $199 goal

days left

Follow David

How it Works

Entrepreneur

Name

David Juma

Member since

March 2015

On-time repayments

18 installments • 67%

About Me

I am David Juma ,I am a kenyan cizten, I was born in Busia county I went to mukindiani primary school and kadizo secondary school ,I then joined maseno university for a degree in sociology.
I completed my studies in 2011 ,I looked for a job but i could find any. I knew giving up with life was not the best option but at the same time I had nothing to do.I could not even think of a business because ,i did not have capital. I was forced to go back to the village because life in town was becoming unbearably expensive.I could only afford one meal in a day.life in the village was not as easy as I thought it was even tougher,my peasant farmer parents expected me to care of them,yet I had no source of income. I knew I had to something about my life and income but how?? I send several application letters to several employers but nothing was forthcoming not even regret letter!!! At these point I knew the degree I was holding was a mere paper, I went to the garden to try my luck in what I had always consider dirty job for the an educated and that was farming. I started by preparing a quarter acre land for planting vegetables and it turned out well. In six months time a could walk to the bank and deposit and withdraw money. I now earn decent living and not looking forward to a white collar job anymore. Farming is cool.
I am a basketball player and weight lifter. I always play basketball with members of my youth group when free. I am also a soccer fun and a big supporter of Arsenal!!

My Business

my business is farming. I grow leafy green vegetables that i sell to the local market and two local secondary schools.
Vegetables are always in demand because most people depend on them as source of food as well as source of nutrients.
I choose these business because i could not find a white coller job that I have always dreamt of,but I dont regret because it gives me my daily bread and I live a decent life.Looking forward to expand my farm so that it becomes the most reputable source of vegetables in my county.
I spend $80 every month on generator fuel, $20 on labour and $20 on transport. My average monthly revenue is $300. I make $$180 in profit every month.
I spend my money in paying fees for my orphan cousin,taking care of my parents and business expansion.

Loan Proposal

Hello lenders,please assist me with a $200 loan to help me buy donkey that would help me transport my vegetables from the garden to the nearby market,Due to the terrain donkeys are the most appropriate for the transport purpose.I currently hire a donkey from a neighbour farm for my transport needs and it always inconvience me .like for example last week ,I suffered losses because the donkey I had expected to ferry my goods to the market turned up very late. To avoid such losses i wish to have my own donkey.
The dont will increase my profits because I will no longer need to hire one. I will also hire it out to my fellow farmers and earn income in return.I expect my profits to grow by $90 per month.thank you in advance my honorable dear lenders