Loan to buy farming materials

Kosima

Kawangware Nairobi, Kenya

100% repaid

Entrepreneur

Name

Kosima

Member since

March 2015

On-time repayments

71 installments  •  66%

About Me

Hi Lenders my name is kosima mpapale born in western part of Kenya. I learned in Eregi primary school in kakamega county and after completing my Primary school Education i did not continue with education due to lack of school fees because my parents were poor. I started farming variety of food which includes maize, Beans, cabbages , tomatoes and Kales.
I started this business because it only requires small capital since I had already been given family land by my parents . This Business have assisted me achieve my goals and take my kids to school. My childrens wants to be Farmers when they grow up because what im doing has inspired them and they want to follow the foot steps of their father. Thank you.

My Business

I m a hard working farmer and what i do is to plant variety of crops and sell them to the community. This Crops are very useful to the community because many people in our village depends on them for food and cash crop. I choose this kind of business because you can provid man power for yourself and No much exprience is needed. The cost of this business is 200 dollars. The profits that i get from this business i use part of it to pay school fees for my kids and save the rest for the upkeep of the business And Expansion of the Business. Thank you.

Loan Proposal

hi lenders given this Loan, i will buy fertilizers for Farming. This will cost me 100 us dollars. I will buy top dressing fertilizer{ DAP} which costs 50 dollars , seeds which will cost 25 dollars and uprooting machine 25 dollars. This will create employment to the community and also buy my products at a cheaper and affordable price since they will come directly from the farm. This business will increase my business by 50%. From 20 dollars a day to 42 dollars a day which will make it easier for me to repay my Zidisha loan and also pay school fees for my childrens. Thank you and be blessed.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$71.00

Date disbursed

Jul 25, 2015

Repayment status

On Time

Projected term

7 months

Lenders

cyrus0302

San Francisco, United States

H

Hynek

Brussels, Belgium

R

rcmssr

Woodbury, United States

T

ToddK

Indianapolis, IN, USA, United States

T

Tui1974

nuenen, Netherlands

U

UTLonghorn

Lincoln, United States

A

AndrewC

London, United Kingdom

J

jenda

Czech Republic

mepster

San Francisco, Ca, United States

Elly

Woudrichem, United Kingdom

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