Money will be used to buy 4 kg of frenchbeans at $4
John
Embu, Kenya
100% repaid
Entrepreneur
Name
John
Member since
May 2017
On-time repayments
13 installments • 38%
About Me
I am a person aged 37years a Kenyan citizen. Am married with 2 kinds aged 10,5 and 1 year old. Two of them are in school while the other one will join baby class in 2018. My wife is employed in a private school in mbeere North embu county
My Business
I am employed with net salary of kes. 30000. I also do farming I. e horticulture. I do farming. Of cabbages, hoho, French beans, spinach and pepper and get a net income of kes. 25000 after 3 months. My wife is also employed in private school and earns a net salary of kes. 8000
Loan Proposal
The money will be used to buy 5KG of french beans at $4. From this the profit margin will be at $32after 3 months.
also fertilizer is neede i.e D.A.P and C.A.N.one bag of DAP cost kes. 3500 and CAN costs kes. 3000. manure also needed. 1 pickup goes for kes. 15000. there is also labour. people will be needed to prepare the land, plant and also harvesting.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$5.00
Date disbursed
Jun 3, 2017
Repayment status
On Time
Projected term
5 weeks
Other loans
Lenders
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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