Purchase a water pump to reduce on my expenses

Martha

Kiambu, Kenya

3% repaid

Entrepreneur

Name

Martha

Member since

June 2016

On-time repayments

209 installments  •  3%

About Me

My name is Martha I grew up in Kiambu and life was really tough on my side since our poverty level was high.I managed to finish my primary education but did not progress to high school.I really felt bad since most of my friends proceeded to high school but I swore to my-self not to allow my past to determine my future that is why I struggled hard to be where I am today. My dream is to own hectares of land and plant trees on them since the profits are high and the expenses are very inimical.

My Business

I buy variety of tree seeds,and plant them in my nursery as seedling for sell.I started the business due to lack of competition and the knowledge and skills that I had .My biggest challenge is lack of enough water since the river is far from my farm ,and lack of enough materials to increase on variety of tree seedlings. My customers are individuals,institutions,churches,hotels and currently the county government. My dream is to expand my business by introducing flowers and to own large farm of tree plantations. From my business I have managed to grow from nowhere to somewhere,provided for my family with their necessities.
I make profits of $180 which i use to help my family

Loan Proposal

I will use the zidisha loan to purchase a water pump at a cost of $120 so as avoid wastage of my seedling during this hot seasons and also add up my seedlings and materials to be used.My profits will increase since I will make more sells and avoid wastage and expenses of employing someone to do the watering.My business will grow since my supply will definitely increase with the purchase. My family will have a comfortable life and my children will have a better life than mine.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Jun 15, 2016

Repayment status

Late

Projected term

48 months

Lenders

Kylie

Mount Martha, Australia

T

Tallago3

Munich, Germany

A

Andy

Berlin, United States

ExplorerOz

Sydney, Australia

Sandra

Böblingen, Germany

kt

Brush Prairie, United States

roark22

Geneva, Switzerland

J

James

United States

KK

Kanwar Kumar

Oslo, United Kingdom

Ask Martha a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...