Purchase of fertilizer

Samuel Wanjiku

Bungoma, Kenya

100% repaid

Entrepreneur

Name

Samuel Wanjiku

Member since

May 2019

On-time repayments

109 installments  •  74%

About Me

I was born in bungoma town in bungoma county in the years 1983.I started schooling when i gatanga primary later own i moved to bungoma to complete my o level and college.The hardship i have overcome by believing in myself and doing the write thing by working hard and smart.Something unique about my community is that they like venturing into agribusiness.

My Business

I am a businessman running my own sole business.i decided to venture into this so as to create employment to my fellow youth and also to be self dependent.the people around my community mainly venture on agribusiness , therefore i decided to focus in that industry.My business generates a total of ksh.15,000-25,000 on a daily basis with a serious abnormal profits.

Loan Proposal

I WILL USE THE LOAN TO PURCHASE FERTILIZER WHICH WILL COST ME KSH.2,800 FOR TOP DRESSING OF MY MAIZE PLANTATION.THIS WILL INCREASE THE PRODUCTION NUTRIENTS TO THE MAIZE PLANTS HENCE ENABLING THEM TO GROW HEALTHY AND INCREASE MAIZE PRODUCE IN THE FARM.THERE FORE, I WILL REALIZE MORE PROFIT THAN LAST YEAR WHEN I DID NOT APPLY TOP DRESSING FERTILIZER.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$24.97

Date disbursed

May 25, 2019

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $1.05

Credit risk payment: $6.31

Lenders

Martin

Manama, Bahrain

Carrie

Arlington, MA, United States

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