Entrepreneur
Name
Nelson
Member since
April 2016
On-time repayments
75 installments • 72%
About Me
I grew up in western province , the currently called busia county. This is where i grew up annd schooled for both my primary and secondary education. After my studies and id not pass my exams very well so i sought to seek employment in a near by sugar factory where i did manual jobs. i worked here for approximately three years and then i quitted the job and hired a farm where i planted my own sugar cane which i keep selling to mumias sugar factory. the culture of where i live is that we are farmers and we depend on sugar cane and maize cultivation. I have conducted this business over time, and it has helped me save and open other businesses.
My Business
The business i basically do is farming. i have a three acre piece of farm where i plant sugar cane. after they mature i sell to a sugar factory from where i get income from. this is the business that ven my parents do since we hail from a sugar belt.
i also rear some goats and cows , from where i get milk for my family and the surplus i sell to my neighbors.
i also plant some vegetables such as kales, onions and cabbages , which i sell to a nearby market.
me and my wife too have a small business of selling fish along the road side every eving during market days,.
Loan Proposal
The motorbike that I currently use is second hand. So I need to buy a new one , to make my work more efficient.
A new one requires less mantainance and its more efficient.
I have so far saved 300 dollars on my own.
Proposal
New bike-400 dollars
Insurance-10 dollars
Helmet-5 dollars
Thanks
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Loan Info
Project Type
Classic Loan
Disbursed amount
$439.00
Date disbursed
Apr 27, 2017
Repayment status
Late
Projected term
102 months
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