Loan to buy seedlings for planting

Entrepreneur

About Me

I was born in Kwabwai village of Ndhiwa Sub County in Western part of Kenya. I was the 1st born in a family of 6 children. My father was a peasant farmer while my mother was an housewife, they both passed away in the same year while I was 13 years old. No one was willing to take us in to live with them and as the 1st born, I was left with no option but to start doing menial jobs for pay to help me raise money to feed my siblings.

I could not manage to continue with my education and I dropped from school in class seven and started to concentrate on farming and I ensured that my siblings continued with their education without hindrance as I was taking of them.

I started growing kales which was highly productive. The new farming techniques were introduced to us USAID, an American NGO working with orphans and vulnerable children introduced them to us. I liked the business as I saw new tender crops grow, with time I had collected almost one turn of manure and started horticulture farming. Things turned out well,and I was able to pay for my siblings school fees with ease.

I come from fishing community that lives in the shores of lake Victoria, men are fishermen while women are mainly fish mongers.

I love watching boat racing ,swimming,blogging and meeting new people.

My Business

I grow kales, carrots, watermellons, cabbages, onions, tomatoes and oranges for sale. The farm is doing well, though it has not expanded very well due to some interruptions.

I choose this business because it is less capital intensive and kales grow so fast. I do keep goats that produces manure which we use to grow kales, while the farm gives them feeds.This symbiotic relationship has made farming to be even cheaper.

my monthly costs is $60 and my revenues is $200. I use my profits to pay fees for my siblings and save for my education.

Loan Proposal

I am seeking a loan of KES 9,134 that will be used as follows;
-309US$ will be used to buy seedlings for planting.

401 US$ will be used to fence the farm, so that there would be no more interruptions by the local goats tat freely roam around.

-200US$ will be used to pipes for collecting water from the lake to the farm for drip irrigation when there are no rains.

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