Martin's farming loan

Martin

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Martin

Member since

October 2016

On-time repayments

69 installments  •  4%

About Me

I was born in Kochogo Village.l started my nursery school in the same village and later after completing, I joined Nyamira Boys.My farther really struggled to get the best way to pay for my fee but he couldn't.This forced him to transfer me to another school.God opened ways and I finished well.I went for higher education for Barchelor Of Degree in Agriculture Economics.After graduation, employment became a difficult thing to get which made me to start peasant agriculture. our land is unique in a way that it may produce variety of crops depending on the season. my children want to be agalriculturalists.l always enjoy reading novels related to agriculture stories.

My Business

I provide boilers, eggs, vegetables, and fruits.These help nutritionally.Local users prefer produces from the farm directly than the market.This is because they save some money which may help them in other areas.I chosen this kind of agro-business as it brings more income compared to other business when fully maintained according to me.It is also very condusive to environment therfore making living things around enjoy due to the state of balance provided around to them.l always spend medium way capital to purchase farm tools and equipment since capital isn't adequate and that is the main reason for the loan.I use profit to pay for fee for my children and siblings,Improving farm requirements .Some I always spend for family basic needs like clothing.

Loan Proposal

I am going to hire a land to do thorough farming.I will buy fertiliser to make my produce superb.I will purchase simple farm tools to ease my farm activities.I am also going to build poultry farm which thereafter I will buy 10 hens and 3 cocks.Little part of the loan is will use in education sector to pay school fees for them this will help them to have stable mind while learning.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,008.00

Date disbursed

Oct 20, 2016

Repayment status

On Time

Projected term

15 months

Other loans

Lenders

Paul Buchheit

Mountain View, United States

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