Loan to stock

Nelson

Baba Dogo, Kenya

100% repaid

Entrepreneur

Name

Nelson

Member since

April 2016

On-time repayments

75 installments  •  72%

About Me

I grew up in western province , the currently called busia county. This is where i grew up annd schooled for both my primary and secondary education. After my studies and id not pass my exams very well so i sought to seek employment in a near by sugar factory where i did manual jobs. i worked here for approximately three years and then i quitted the job and hired a farm where i planted my own sugar cane which i keep selling to mumias sugar factory. the culture of where i live is that we are farmers and we depend on sugar cane and maize cultivation. I have conducted this business over time, and it has helped me save and open other businesses.

My Business

The business i basically do is farming. i have a three acre piece of farm where i plant sugar cane. after they mature i sell to a sugar factory from where i get income from. this is the business that ven my parents do since we hail from a sugar belt.
i also rear some goats and cows , from where i get milk for my family and the surplus i sell to my neighbors.
i also plant some vegetables such as kales, onions and cabbages , which i sell to a nearby market.
me and my wife too have a small business of selling fish along the road side every eving during market days,.

Loan Proposal

Considering that i live where people like fish and buy their groceries, i will like to open a big shed to start selling fish and kales, and tomatoes in large scale. firs of all i need, money to put up a shed as well as increase stock. i will also like to diversify the type of fish that i sell.

money for a shed-
timber and iron sheets-100 dolars
nails and labour-25 dollars
Stock
fish stock- 25 dollars
tomatoes and onions- 20 dollars
other expenses-15 dollars

thanks

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

May 13, 2016

Repayment status

On Time

Projected term

7 months

Lenders

The Zinc Team

San Francisco, United States

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