Maize farming

Joab

Kisii, Kenya

100% repaid

Entrepreneur

Name

Joab

Member since

June 2016

On-time repayments

52 installments  •  65%

About Me

My name is Joab Otieno Osika, a Kenyan by birth. I was born in nyanza province, kenya and currently am a graduate just through hard work. I am an industrious person who is involved in an income generating business and looking forward to expand my business to even more profitable.
Zidisha has enebled me to get loans for additional investment in my business. With the loans I have been able to add more ideas into the business field including venturing into other types of businesses.

My Business

I am involved in farming as a business. I deal in all kinds of crops, from cash crop to horticulture. I majorly plant maize, sweet potatoes,vegetables, water lemon and sunflower. This usually depends on the market demand of specific crops.
I was impressed by the farming business since we have a fertile land which supports the growth of several crops.
I started my farming business with a capital of about 100,000 KES which was for renting the land, tilling, planting and harvesting. for the first year I got net profit of 300,000 KES from farming and this has increased to an average of 500,000 KES.
The amount I earn as profit I always use to expand my business and to venture into other businesses. I also use part of it for the upkeep of my family.

Loan Proposal

I will use this loan to engage casual labour for my farm. These labour will be responsible for tilling the farm so as to remove all the weeds.
Part of the loan will also be used to buy fertilizer for top dressing so as to increase the yields of the maize plantation. This will intern ensure more harvest.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$33.00

Date disbursed

Oct 8, 2017

Repayment status

On Time

Projected term

7 weeks

Lenders

SV

sven vdk

Twickenham, United Kingdom

PG

Paul Graham

United States

R

Rahima

United States

Mr Chris Turner

Cambridge forever England, United Kingdom

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

ZS

Zach Silveira

Asheville, Nc, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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