Potato farming expansion

Entrepreneur

About Me

I live in Keringet, Nakuru County. I am a graduate with a Bachelor of Science Degree in Mathematics from the University of Nairobi. Getting stable jobs since then has been a challenge. I currently work with Old Mutual Kenya as a Financial Advisor in Nakuru. I have previously worked for Micro Africa as a sales Agent and for African Population and Health Research Center as a Research Assistant. Keringet is an upcoming town. It climate favors agriculture. The place is cold with relatively enough rains throughout the year.

My Business

As stated above I work for Old Mutual Kenya as a Financial Advisor. The job is commission-based and sometimes I may earn so little when the sales are low. I have therefore looked into other means to supplement my income. I have a phone shop in Keringet where I sell airtime, phones, and phone accessories. The business does well because of it is the headquarters of Kuresoi district. There is also money in circulation because of thriving agriculture in the area.
I am also a farmer. I have three acres of land, which I plan to put the whole of it into use by the end of the year. So far, one acre has potatoes. This is the main crop that does well here. Per month, I make an average of Sh. 30000. This year I plan to work more on agriculture as well as stock my business. This will only be possible with the help of Zidisha Community. Thank you.

Loan Proposal

I want to thank Zidisha Lenders for the support you have so far given me. This is the third loan i am applying for.

I am expanding my potato farming business. I got an acre of land where i will pay sh. 16,000 ($160) for two years. I will buy 12 bags of potatoes seeds @ Sh.2000($20)(Total of Sh. 24,000)($240)

Sh. 9,300 will be used to buy fertilizer(3 bags @ sh.3,100). Cultivation will require Sh.7,000. Labour will cost Sh. 5000. This brings a total budget to around Sh. 65,000. I will meet the additional cash. Thank you.

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