Motorbike for transportation of farm produce

Ugine Wandera

Khayega, Kenya

2% repaid

Entrepreneur

Name

Ugine Wandera

Member since

January 2016

On-time repayments

42 installments  •  62%

About Me

I am Ugine Wandera. I am the first born in family of 4 children.

I hold a BSC in Natural Resource from Egerton University. After graduating, I tried looking for a white-collar job unsuccessfully. I joined ngao youth group where we were trained about fish farming, and I decided to try it out. Armed with my business proposal, I approached my uncle, who agreed to finance my first pond. I dug up a pond and stocked it with 1,000 fingerlings.

After 8 months, I sold them off and repaid my loan. I now have six ponds to ensure frequent income. I am also expanding my venture to include horticulture because I have enough water for irrigation.

I have one child: he is only 2 years old. He is aggressive [in a positive way] and I love him so much. My hobbies include football, watching documentaries, and guiding and counseling youths.

My Business

I am a small-scale horticulture and fish farmer. I provide vegetables and fish to my clients, who mainly include hotels and schools.The demand is high because of the lack of suppliers, as only a few youths dare engage in farming.

I choose the farming business after joining Ngao youth group and learning about fish farming. I then decided to do horticulture farming to utilize the water. I am very grateful and happy with my job.

I spend $100 to buy seeds and take care of the farm. My average income per month is $320. I use the proceeds from the farm to save for business expansion and support my family and parents.

Loan Proposal

Good morning dear lenders.
I wish to take these golden opportunity to kindly ask you to lend me $600 to help me purchase a motorbike.The motorbike will cost $1100 and I have to top up with my savings.The motorbike will cut down my transport costs to the market hence increasing my profitability,as well as be used as a taxi to provide transport to other farmers ,these will help me boost my income tremendously. Thank you in advance

Show original English  

About Me

I am ugine wandera, I am the first born in family of 4 children . I hold Bsc Natural resource from Egerton University. After graduating I tried looking for a white collar job unsuccessfully. I joined ngao youth group where we were trained about fish farming, I decided to try it out. armed with my business proposal I approached my uncle who agreed to finance my first pond. i dug up a pond and stocked it with 1000 finger lings,after 8 months I sold them off repaid my loan ,I now have six ponds to ensure frequent income. I am also expanding my venture to include horticulture because I have enough water for irrigation.
i have one child ,he is only 2 years . He is aggressive and I love him so much .
my hobbies include football,watching documentaries and guiding and counseling youths.

My Business

I am a small scale horticulture and fish farmer. I provide vegetables and fish to my clients who mainly include hotels,and schools.The demand is high because of lack of suppliers,as only few youths dare engage in farming.
I choose farming business after join Ngao youth group and learning about fish farming, i then decided to do horticulture farming to utilize the water. I am very grateful and happy with my job.
I spend $100 to buy seeds and take care of the farm,my average income per month is $320 .
I use the proceeds from the farm to save for business expansion and support my family and parents.

Loan Proposal

Good morning dear lenders.
I wish to take these golden opportunity to kindly ask you to lend me $600 to help me purchase a motorbike.The motorbike will cost $1100 and I have to top up with my savings.The motorbike will cut down my transport costs to the market hence increasing my profitability,as well as be used as a taxi to provide transport to other farmers ,these will help me boost my income tremendously. Thank you in advance

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Loan Info

Project Type

Classic Loan

Disbursed amount

$605.00

Date disbursed

Sep 1, 2016

Repayment status

Late

Projected term

61 months

Lenders

Matching Fund

Sterling, United States

PG

Paul Graham

United States

DM

Dimitri Malarme

Brussels, Belgium, Belgium

KK

karl kerksiek

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Grégoire

Zurich, Switzerland

A

Anonymous

United States

A

Anonymous

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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