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 the loan for my next planting season. This will help me by engaging the workers to till the land and make it ready for planting.

During the planting season I will also use some of the money in purchasing fertilizer and maize seeds which I will use for planting in my farm

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$10.00

Date disbursed

Dec 28, 2017

Repayment status

On Time

Projected term

6 weeks

Lenders

PB

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European Union, Netherlands

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