Loan to purchase new seedlings

Agnes

Keroka, Kenya

100% repaid

Entrepreneur

Name

Agnes

Member since

March 2017

On-time repayments

58 installments  •  52%

About Me

Am Agnes Educated and brought up at birongo went to school. And completed my o levels.
I am Now married with four children who support fully in their education.
I live in an average neighbourhood where mostly we do subsistence farming. And a bit of commercial farming also. I managed to raise funds from my family and friends to buy seedlings that I first started farming with.. my children want to be the best in society with ambitions like doctors, teachers and accountants.
Thank you

My Business

I do grow vegetables for consumption and sale. I own 1 acre of land. Our area is very good for farming because of the rainfall that we get always.
Averagely I do sales of KES 8000 monthly which translates to a profit of Approximately KES 4000. I use this mainly to buy seedlings and pesticides and school fees for my children. With this farming I am able to support my family fully. I intend to expand my farming and try to rear chicken in future.

Loan Proposal

I am requesting for a loan to buy seedlings now that the rains are here. This is the best period to do planting. We have had a very long dry spell. I will buy seedlings for cabbage, carrots, Ndania, sukumawiki and pilipili hoho. This will cost me around USD 75. within one to two months I will start harvesting. This will boost since I have come from a dry season where I have not had any harvest. With improved earnings I will be able to take care of my family and atleast pay my bills.
Thank you as I look forward to your support.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$59.00

Date disbursed

Mar 27, 2018

Repayment status

On Time

Projected term

8 weeks

Lenders

Paul Buchheit

Mountain View, United States

Jeanette

Fort Worth, Texas, United States

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