Money to purchase a water storage tank for irrigation

Walter

Lavington Nairobi, Kenya

100% repaid

Follow Walter

How it Works

Entrepreneur

Name

Walter

Member since

March 2015

On-time repayments

34 installments • 62%

About Me

I was brought up in the rural and had challenges in my childhood. This made us, as a family, to device ways of getting money to support ourselves. I used to sell farm produce at the local market in the evening after school until I raised money enough to pay for my school fees and further contributed towards my aunt's cereals business.
It was last year when i sought to start an agribusiness. The business in located in an area with good market for fresh farm produce.

My Business

I started my business a year ago. The business has been growing slowly and now serve nearby schools and residential people who get fresh vegetables and other garden produce.
The area has a big market and I look forward to increase my production for better profits.
Given financial support, I will be able to increase production and plant variety of crops in high demand.

Loan Proposal

As a farmer, I face a number of challenges concerning the nature of my business among them is water shortage. shortage of water has costed me a lot of money especially during the dry seasons when suppliers shoot their prices per litre supplied. Sometimes forcing me to batter trade my farm products in exchange for water. If I a m given this loan, i believe my work will be easier than before. It will help me cut the water acquisition costs that i face daily in my business and this will even lead to higher profits.