Loan to buy farming water pipes

Joseph

O.rongai, Kenya

100% repaid

Entrepreneur

Name

Joseph

Member since

January 2016

On-time repayments

50 installments  •  78%

About Me

I am happy to get this opportunity.
First in our days we were less educated and that is why we opted for farming and doing other business.
My childhood was full of challenges and and not all of my brothers and sisters were able to go to school.I managed to reach only secondary education due to financial problems that my old parents had.
i was able to study basics education while helping my parents with farming and rearing livestock.When i grew up i was fully experienced as a farmer.My father gave me a piece of land to cultivate and it is my love for horticulture that i started farming at a 2 Acres piece of land.This is how i came to start my job that unto today has educated my children and made me live a better life.What is unique about the culture of the place i live is that,community embrace one another and life harmoniously helping one another.My children would want to have a helpful father,who can educate them and bring them up in a good way possible.
My unique hobby is helping the needy especially in my community where the government not reached to help the poor.
Thank you.

My Business

Well, i offer Horticulture farm produce.
These includes,vegetables,fruits like pawpaw,Tomatoes,Bananas,lettuce and a few cattle.These goods are always on demand because they add to the ingredients in our diets and are food product that everyone cannot live without.I choose this kind of business because i was experienced and i loved farming since i was young beside giving giving me money and profit.
My typical cost are usually labor cost of preparing the land to plant items,cost of buying seeds,fertilizers, spraying chemicals buying and transport to the market.
My profit is usually used to meet these coasts and catering for my children as well a helping my parents and needy in the society.

Loan Proposal

With the first loan, will be able to buy more cabbages and Kale seeds of vegetables at a cost of USD12.00 and 15.00 respectively.
I will also buy chemicals at a cost of 13.00 for both.
On the list also will be fertilizer to add in the preparation for the land at a cost of USD17.00.
This will be of great help to me since it is now the summer and the product is almost less supplied in the market.Unlike other years where on summer i have nothing to take to the Market,this time round i will bet big on the product once it matures.
In a dry season i usually get less than USD300.00 now with this boost i am set to cash in USD500.00 with this project.
This will be a great achievement.
Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Feb 4, 2016

Repayment status

On Time

Projected term

7 months

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