Potato farming

Monica

Nairobi, Kenya

100% repaid

Follow Monica

How it Works

Entrepreneur

Name

Monica

Member since

February 2014

On-time repayments

221 installments • 54%

About Me

I live in Nairobi . I got interested in business because it will make me be independent and even create employment for others. For the past three years i ventured in agribusiness and it has really made me grow because I managed to purchase a small piece of land, thanks to my kind lenders. I now wish to venture into a new project of dairy farming and continue creating employment for the locals as i also grow and help educate my school going kids.

My Business

I Previously had an agribusiness project whereby I planted potatoes and vegetables such as cabbages, sukuma wiki, spinach as well as tomatoes. This agribusiness enabled me to purchase a small pieceof land at the village . I would like to construct a cowshed and now diversify into dairy farming. Dairy farming is a lucrative venture in our village and it is also dependable since it runs throughout the year. It also has ready market. The approximate cost of the cowshed is KES 70,000 .With your kind support, I will complete building a cowshed and when i finish paying of the loan, I will request another loan to purchase two or three cows to add on to the ones I have . Thank you so much as you purpose to lend.
Thank you.

Loan Proposal

I was glad to be funded my first loan. I used it to hire two acres for potato farming.
I would like to get 38,217 to enable me but the potato seedlings, fertilizer . which will be approximately this cost.

Once i repay the loan; i will request for another loan to enable me hire people to clear, dig the farm in readiness for actual planting.

I will thereafter plant the crop and pay up labour.