Entrepreneur
Name
Geoffrey
Member since
April 2016
On-time repayments
183 installments • 40%
About Me
1.1 Objectives
The objectives for the first years of operation include:
To create a start-up organization from an already existing practice whose primary goal is to exceed customer's expectations.
To increase the number of clients by 20% per year through superior performance and word-of-mouth referrals.
To form a dentistry practice that is able to eventually survive off its own cash flow.
1.2 Mission
The Tooth Fairy's mission is to provide the finest dental care. We exist to attract and maintain customers. When we adhere to this maxim, everything else will fall into place. Our services will exceed the expectations of our customers.
My Business
My business is farming and it involves tomatoes farming in 1 acre of our land, Subukia is known as a place where tomatoe farming is practised by many. From as far as Nairobi, retailers and wholesalers come for this product here. Way back we had a processing plant at a place called Kabazi, that is Kabazi Canners but it closed its doors as many farmers could not cope with their low price and delayed payment. We are currently at second season which runs mostly from November to April. During my first season January to October I planted this crop and it did well I was able to repay the loan. I am also slightly getting into French Beans farming but has not done that full as I intend to study the market first.
Loan Proposal
Thank you for this chance, on this loan requesting loan to purchase 100 units of organdi seeds at a cost of USD3.5 making a total of USD350. Ograndi seed is a type of French beens currently doing well in this area. I will purchase directly from Frigoken Limited, currently also serving as the outlet since they buy the produce after to months. The remaining amount will go towards seedbed preparation and I have ready land for planting. With this, I will start earning from sales at the end of January for the next three months and this will have enabled me to repay this loan without any obstacles
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Loan Info
Project Type
Classic Loan
Disbursed amount
$685.00
Date disbursed
Dec 15, 2017
Repayment status
Late
Projected term
25 months
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