Loan to buy seedlings for my farm

Entrepreneur

About Me

I am Maren Debora Ooko, a female Kenyan citizen aged 59 years old. I am the 2nd born in a family of 9 (all girls). I was brought up from a humble background with lots of life challenges pertaining to access to basic needs and education. I and my younger siblings used to walk 5 miles every morning to go to school and stay the whole day in school without food too eat at lunch time, this made me to start my school very late when I was aged 7 years!

I completed my Primary Education in 1976 and got married. Life in marriage was very hard and I had to work hard to help my husband in meeting the family financial needs. I ventured into tree and seedlings farming business. I believe in fresh grown vegetables and I do plant trees in my farm to help in improving forest cover in my village in order to combat climate change.

I am an active member of Church Choir and I do actively participate in development activities at the village.

My Business

I am involved in organic farming practice in my small-scale food farm in Kasgunga Ward where I grow onions, tomatoes, kales, vegetables and maize for both my family consumption and surplus for sale. I started this business 25 years ago, the business has been doing so well and I have built a strong and reliable clients base.

My farm is multi-purpose as I keep a small indigenous tree nursery that I tender trees and 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 farm, I harvest upto 1000pcs of tomatoes on average per day . This amounts to a monthly income of KES 20,000. I have many customers because I have the best of what they need. I put alot of effort in my work , moreso sell to my clients non-GMO foods which are in great demand. I water the plants with the water I pump directly from Lake Victoria . Repaying the loan will be easy for me because in the same piece of land I grow maize of my own while during dry season we harvest dry them and sell.

Loan Proposal

I am seeking a loan of KES 9,912 to enable me purchase the following items;
-Irrigation horse pipes =US$20
-Seedlings = US$20
-Pesticides and insecticides =US$10
-Grafted Mangoes =$20
-Maize Seeds =$30

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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