Entrepreneur
Name
Richard
Member since
July 2015
On-time repayments
206 installments • 6%
About Me
iam Richard Barasa,I am 27 year old father of two children moses and Jacob. I graduated from Kenyatta University with a degree in Agricultural Extension in 2012. I tried searching for a job but was unlucky to find permanent job. I landed a 1 year contract job that ended in 2013. I tried looking for another job unsuccessfully. Since my savings were running out and the city life was becoming difficult ,I decided to travel back to the village.
I got to village with $200 savings ,I decided to practice farming as I looked for another job. I planted tomatoes that changed my mind set. after the harvest,I knew I would only expand my farm and the farm was going to be my permanent employer. I have expanded my farm to three acres and I supply kales,cabbages and tomatoes to various schools.
My daughter wants to be an economist when she grows up and my son wants to be a lawyer when she grows up.
I am a social person,I love children and love sharing with others information and learning new things.
My Business
I do horticulture farming,The goods that I provide to esteemed customers include kale's,cabbages and tomatoes.Good quality produce gives me a competitive edge against my competitors.
Food products are always in demand here as most house holds dont practice agriculture but consume Agricultural.
I choose to do farming because I was knowledgeable about agriculture and white collar job was not forth coming ,however it turned out that farming was the best employer.
I spend average $150-$200 on production and my revenues range is $300-$450 per month.
I spend my profits on paying fees for my children,taking care of my utility bills and paying fees for my siblings.
Loan Proposal
I am kindly requesting for $100 loan to help me buy a wheelbarrow that I will us for transportation within,my farm. the wheelbarrow will be very important as it will help me reduce the cost of transportion within the farm. I will now be able to move with easy from one point to another with easy and without straining and having back aches.
the wheelbarrow will cost me $130. I will to up $60 on the money I will receive .Thank you in advance. ,dear lenders for kindness to me.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Aug 4, 2015
Repayment status
On Time
Projected term
6 weeks
Other loans
Ask Richard a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.