Entrepreneur
Name
Douglas
Member since
January 2015
On-time repayments
82 installments • 23%
About Me
Am an industrious man full of energy with entrepreneurial skills despite that I have a professional life of being a lecturer while also a part time farmer which have done for now the fourth year running and am happy with being an entrepreneur.My farming has employed now since young people who are proud of their engagement in my business.
CAREER STATEMENT
I am a self-inspired strategic entrepreneur, mentor, business development consultant,
leader, and a human rights and gender advocate. I have a passion for mobilizing and
directing communities towards sustainable use of their resources to ensure social and
economic development.
I have been involved in work in various areas that include saving and improving lives,
and building community capacity, good governance and policy work. I am therefore
tenacious, organised, focused and analytical - always seeking to learn, grow and be
dependable.
My Business
In a nutshell, debt (borrowing money, with interest) allows us to accelerate our goals, turning dreams of tomorrow into realities of today. While borrowed money might buy us a tractor, a new barn, or even the land we’ll be farming, experience, the most valuable farming asset of all, cannot be purchased.
Experience doesn’t come with a Bachelor’s Degree in Agriculture, and it certainly doesn’t come from a book. Agriculture is fraught with uncertainties, surprises, and intellectual challenges. And that’s just before lunch. Adding monthly payments to this intimidating list financially handcuffs most people right from the start.
So does this mean ‘never take on debt’? Certainly not. There are plenty of times when leveraging assets makes sense. As you gain farming experience, and create reliable cash flow in your business, these opportunities (or necessities) will become cleare.In the meantime, however, embrace this generalization: avoid debt as much as possible.
Loan Proposal
I have 300 birds currently with KSH 8000 I would acquire 100 birds hence boosting my revenue since I would be able to sell each at KSH 250 totaling to 25,000 hence I can repay my loan easily and expand my business.This would greatly impact into my life .Thanks in advance,waiting to here from you soon
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Feb 12, 2015
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
Waterloo, Canada
Montgomery Village, United States
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