Loan to buy seedlings for a tree nursery

Entrepreneur

About Me

I am Jorim Sumba Okach, a Kenyan citizen aged 64 years old. I am the last born in a family of 5 (3 girls and 2 boys). I was brought up in a humble background with lots of life challenges pertaining to access to basic needs and education. Both my parents have died. My father was a cobbler and my mother was a peasant farmer and I learn't crop and tree rendering and environmental conservation from her during farm activities that she made a mandatory for her children.

I went through my education in Government funded schools and completed High School and joined a Tertiary College to study Environmental Management in which I graduated with a Certificate in 1978. I was employed with Government of Kenya as a Forester between 1978 upto 2005.

I got married, in 1977 and since my wife was unemployed, I taught her tree nursery and management, which she did until I retired from the Public Service to join her in the business. We are both doing the tree nursery business now as a family venture. I love beautification of environment (landscaping) and improving forest cover in order to combat climate change.

I like watching football matches and visiting friends.

My Business

I started tree nursery business in 1979, the business was managed on a very small scale with my wife till the year 2005 when I joined her in the business. Since then the business has been doing well indeed. I have built a network of reliable clients that seeks my services.

Basically I focus myself in provision of seedlings of different varieties for afforestation and landscaping to various sectors including local public primary schools and churches. During the rainy seasons I normally go round to asses the progress of my goods at various places

From my tree nursery I sell upto 700 trees average per day . This amounts to a monthly income of KES 25,000. I have many customers because I have the best of what they need, people like indigenous trees, I strive to provide the seedlings for them. I water the seedlings with the water I pump directly from Lake Victoria . The business is doing well though capital is needed to expand it in order to serve the ever-growing clients base.

Loan Proposal

I am seeking a loan of KES 20,024 to enable me purchase the following items;
-Irrigation horse pipes =KES 5,000
-Seedlings = KES 10,000
-Pesticides and insecticides =KES 2,000
-Grafted Mangoes =KES 2,000
-Maize Seeds =KES 1,024

This will enable me to expand on my business as well as creating employment to unemployed youths in my village.

With the improved seedlings, I expect my harvest to double this season and farm returns to skyrocket. The project profit increase of 40% will be used to repay the loan and meet my family basic needs.

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