Ernest
Kinangop Subcounty, Kenya
$0 to go
100% funded of $11 goal
0
days left
Name
Ernest
Member since
August 2018
On-time repayments
4 installments • 25%
i am a kenyan male aged 28 years. I am married to one wife with two children, a son and a daughter. I live in a two bedroom house in Nyandarua county, Kinangop subcounty. Have been educated to college level, where i studied computer applications, repairs and maintenance. Having come from a family of twelve and of very humbled background, i needed a job that would be fast paying to enable me help in raising my siblings. I opted for farming. However, the income have always been low, there's no ready market, so the middle men take advantage of the situation. But am now able to connect with the markets for the fresh produce.
My county can produce fresh produce e.g potatoes, cabbages, spinach, milk, carrots e.t.c all year round due to favourable climate. But there are parts of Kenya like the Ukambani region that's always dry. Am therefore able to buy these produce at better price, then transport to the markets where i sell at almost double the initial price. With funding, i can be able to increase the capacity of products, which will enable me offer employment to three more youths from the two i have. It will also increase my profits from 30$ to 50$ a week which i use in reinvestments of cattle farming.
i intend to contract a motorcycle rider, who will help me in collection if the fresh produce from farmers and bring them to the main road for transport to the market. This will offer employment to him or her, will also increase the capacity of the products bought from the farmers giving them ready market for their items. It will also ensure availability of the various products in the Ukambani region where the climate doesn't favour farming.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$11.00
Date disbursed
Aug 15, 2018
Repayment status
Late
Projected term
3 weeks
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