Entrepreneur
Name
Robert
Member since
October 2015
On-time repayments
40 installments • 48%
About Me
My name is Robert Nyabuto 25 years old. I started my education in a humble background where my siblings dint had a chance to complete primary education because of lack of finance. since i showed interest in education and i really wanted to learn so that i can be able to help my family in future, my aunt frontier-ed to finance my study. I completed my primary education then joined secondary where i passed well and dint join university because of financial constrain. so here is where i ventured into my lucrative agricultural business to raise funds to continue with my education on higher levels. I love my culture because of its unique way of working together to end poverty I believe only in success and whatever i start indeed succeeds.
My Business
My business is based on growing agricultural crop. Currently i grow beans and bananas in my farm which have high demands in our local market. I chose this kind of business because it was cheap to initiate even though it has challenges. I started with 2000 ks and now I'm making a profit double each year of harvest. Now i want to expand my business from rain fed agriculture to irrigation. Need to buy a greenhouse so that to avoid natural conditions, in that way I'll be able to produce thought without relying on rain. I'm looking forward to save more and proceed with my high education.
Loan Proposal
I will use this loan to instal new water pipes in my green house. Also i wil buy a large water tank which holds large amount of water. This will help consistent and continours flow of water to the crope thus increasing my yields. On the other hand people in the market will be able to get fresh agriculture products. I expect my income to increase by $200 in a month.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$603.00
Date disbursed
Apr 17, 2016
Repayment status
Late
Projected term
60 months
Other loans
Lenders
Jake Gibson and Beverly Picardo
San Francisco, United States
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