Loan to buy pestcides for my vegetables

Agnes

Keroka, Kenya

95% repaid

Entrepreneur

Name

Agnes

Member since

March 2017

On-time repayments

58 installments  •  52%

About Me

Am Agnes Educated and brought up at birongo went to school. And completed my o levels.
I am Now married with four children who support fully in their education.
I live in an average neighbourhood where mostly we do subsistence farming. And a bit of commercial farming also. I managed to raise funds from my family and friends to buy seedlings that I first started farming with.. my children want to be the best in society with ambitions like doctors, teachers and accountants.
Thank you

My Business

I do grow vegetables for consumption and sale. I own 1 acre of land. Our area is very good for farming because of the rainfall that we get always.
Averagely I do sales of KES 8000 monthly which translates to a profit of Approximately KES 4000. I use this mainly to buy seedlings and pesticides and school fees for my children. With this farming I am able to support my family fully. I intend to expand my farming and try to rear chicken in future.

Loan Proposal

I again request for a loan to purchase pestcides to spray my vegetables. Currently because of the rain season the crops have been affected much by pests and if I don't spray chemicals early I might loose a lot of green vegetables. This pestcides will cost me USD 45.
With this chemicals I will improve the production and be able to satisfy my customers. With good sales I will be able pay my household commitments and pay school fees for my children. Also after improvement I will look forward to expanding the land that I plant the vegetables and employ an assistant to help me in that shamba.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$22.00

Date disbursed

Jun 3, 2017

Repayment status

On Time

Projected term

8 weeks

Lenders

Stefano Bertolo

Luxembourg, Luxembourg

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