Repair of shaff cutter machine

Eric Nyuguto

Karatina, Kenya

100% repaid

Entrepreneur

Name

Eric Nyuguto

Member since

April 2017

On-time repayments

68 installments  •  87%

About Me

Am a gentleman aged 42yrs.am a graduate.my childhood was difficult as my parents divorced when I was 5yrs.I struggled throughout my education life but hard determination has enabled me to make ends meet,marry,raise a family and am educating my 2, sons.the going has not been easy but hard work pays.last month we welcomed our 3rd born.he is a girl.we are soo happy n have doubled our effort in order to cater for th family needs

My Business

I am a farmer:main crop is bananas,I rear daily cows and chickens for milk and eggs for sale.I sell milk and eggs in Karatina town,bananas are collected at the farm my traders.the farming has enabled me meet my daily needs plus educate my 2 sons.I make ksh25000 to sh30,000 a month.am looking for ways to expand my farming business in order to increase profit.I have decided to start banana ripening at the farm in order to diversify and maximise profit.

Loan Proposal

my shaffcutter broke down last week.am going to use the fund/loan to take it for repair and modification so that it becomes multi purpose I.e it can cut fodder,shell maize n pump water.this was it will be of great value to my day to day work on the farm and labour expenses will go down and it will also save time and profit margin will increase.

Feedback

1

None

None

  • Jane    Jul 14, 2017

    Great job Eric! Fully repaid and early !

    Log in to reply • Share


Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$49.01

Date disbursed

Nov 10, 2017

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: $2.06

Lenders

J

James

United States

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

Loading...

Loading...

Loading...