Next loan to buy motorcycle
Emmanuel
Namakhele Village In Tongaren, Kenya
5% repaid
Entrepreneur
Name
Emmanuel
Member since
June 2016
On-time repayments
32 installments • 50%
About Me
Am Emmanuel wafula from Namakhele village in Tongaren. Am a 54 year man with a family who keeps dairy cattle and grows sugarcane. I also keep a few beef cattle though dairy cattle do better due to high demand of milk. Finally I stopped my education at secondary level because I could not afford high fees charged at the university level. My performance in KCSE exam was marvelous but university fee was a big barrier. However I never gave up in life. I married, started sugarcane growing, added more livestock and brought up my children without any hustle.
My Business
I grow sugar cane and keep livestock for milk production. I started of with one cow even before marriage and this cow took me to where I am today. It is this one cow that enabled me coonect with West kenya sugarcane company brokers, bought enough sugarcane buds, grew them and now am about to harvest for the tenth time since I started sugarcane growing. I chose sugarcane growing because sugarcane companies demand it to process sugar.The only disadvantage with this kind of farming is that it takes ages to mature. I have to be patient for 18months before I think of harvesting my sugarcane. The profit is huge and it enables me do a lot with it including but not limited to :
Payment of school fees
Buying more cattle
home improvement and so on.
Loan Proposal
My previous loan made it possible for me to at least adopt a saving culture because I always had excess money which I had to save for future usage.
I have decided to purchase own motorbike to ease transportation.
I would request that you kindly add me $210 to help me Buy motorcycle
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Loan Info
Project Type
Classic Loan
Disbursed amount
$220.00
Date disbursed
Nov 30, 2016
Repayment status
Late
Projected term
3 months
Other loans
Lenders
Gold River, Canada
United States
Hong Kong
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