Loan to buy watering cans for my farming business

Entrepreneur

About Me

my name is Joseph but many people around call me jose. I was born and raised in Eldoret town, i went to Kapsoya Primary school up to 8 and later on joined Uasingishu High school for secondary education. i was unable to proceed with higher education because i was raised by humble parents who enagaged in casul works. my father was a matatu driver and my mother a house wife.
I was therefore left with no other choise other than enage in something constructive to make a living, we had a very big land which was idle and i thought of doing farming to earn a living. I started selling seedlings and young trees, i nurtured them and then sold them at the streets in Eldoret town. This has been my business for the last four months. The most unique thing about our land is the fact that it favous farming so much and this thus increases the yields that i get.

My Business

i am a farmer engaging in planting and selling of seedlings and young trees. I nurtur them at the nursery and then when ready for sale, i take them to them market places. I also take orders from people because i engage in selling quite a variety.
This goods are useful because they help me earn a living, they attract rainfall, and also when fully grown the bring good breeze in our compounds. It is also on demand because i sell variety of trees and thus thefore make many people come to my place to look for what they want.
i chose this business because the market for the trees was highly available and also the space for doing this business was also available. i recently started this business and thefore large part of my profits goes to the growth of this business and also maintenace of my living in town.

Loan Proposal

I will use the loan to buy two watering cans for my farming business. One can goes for 5 Us dollars, and using the money granted, i will acquire one Can and add my savings and buy another one.
I will benefit from this because ones the water is not there, i can be able to irrigate my seedlings and young trees using the can. This will help me get high quality yields. I expect a raise in profits by almost 40%

Feedback

Loan Info

Lenders