13 installments • 15%
I am Stephen Mwema, with a degree in economics, but currently a self employed supplier running a supplies company (Mwemba Supplies) which is in its start-up phase.
I started Mwemba Supplies, which supplies commodities to organizations, and I am currently trying to get some funds to fund an expansion phase.
I am a farmer with an eye in making it big in agribusiness. I currently have an acre that I leased and have planted potato. My aim is that when I get this loan, I will it to increase the acreage from the current 1 acre to 3 acres. With a loan of Ksh. 40,000, I will lease 2 more acres at a cost of Ksh. 4,000 each for a full year. That makes it to a total of 8,000. I will then dig the land at a cost of 4,000. Then buy seeds at a cost of 20,000 and fertilizer at a cost of 4,000. The remaining 6,000 will go to paying for labor.
Aug 18, 2016
Cost to entrepreneur
Service fee: $16.60