Loan to buy seedlings for planting in my organic food farm

Entrepreneur

About Me

I am Joseph Ondijo, a male Kenyan citizen aged 46 years old. I am the 1st born in a family of 6 (4 girls and 2 boys). 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 2 miles every morning to go to school and stay the whole day in school without food too eat at lunch time!

My parents were peasant farmers and I learn't environmental management from their on - farm activities that they used to incorporate us into. Having completed my College Education and got married, I ventured in horticultural business. I believe in fresh grown vegetables and I do plant trees in my farm to help in improving forest cover in order to combat climate change.

I like playing local football when am free to break the boredom and monotony of my activity as well as relieving my minds from stress to expound my critical thinking on less external input and sustainable organic farming.

My Business

I am involved in organic farming practice in my small-scale horticultural food farm in Mbita where I grow onions, tomatoes, kales, vegetables and maize for both my family consumption and surplus for sale. I started this business two years ago, the business has been doing so well and I have started to get a very good 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 500pcs of tomatoes on average per day . This amounts to a monthly income of KES 22,000. I have many customers because I have the best of what they need. I put alot of effort in my work , moreso sell to 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 9,012 to enable me purchase the following items;
-Irrigation horse pipes =US$20
-Seedlings = US$20
-Pesticides and insecticides =US$10
-Fertilizers =US$10
-Hire an additional worker =$10
-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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