Replacing leaking water tank

Elijah

Mois Bridge, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Elijah

Member since

January 2015

On-time repayments

26 installments • 46%

About Me

my name is Elijah Biwott from Kitale kenya, I am married with five children. I was born and raised in Uasin Gishu county to small scale farmer. My father was a maize and dairy farmer.I went to st.Anthony kitale for my secondary Education, I passed well but was nit able to continue with my education due to financial constraints.
I worked as a farm hand for a white settler for 4 years ,and even though the old man paid me well,My goal was owning my farm. After saving considerable I talked to my boss of my intention to venture into maize farming,he was very supportive and even advised me on how to go about it.When he left Kenya in 2006,I was doing well.However my sweat turned into ashes during post election violence.
I lost everything,including 200 bags of maize in store. I had a bank loan ,and the bank didn't care about my situation. I struggled and paid off.
I come from the nandi community,here we maily consume milk,called mursik we are also the best athletes in Kenya.
My first born son is studying law while the rest are still in secondary school,the youngest wants to be a doctor.
i like running and so during my free time i run around. I also like watching soccer.

My Business

I am maize and horticulture farm.since maize takes a long time to mature ,kale's give me my daily income.
Both maize and kale's are of high demand in this area due to high population. most people dont do farming and so i supply them.
i choose this business because I had experience in farming and knew the pros and cons. I also just have passion for farming.
in a monthly average revenue is$300,my costs are $80. in average I make $220 in a month. I use my incomes to pay school fees and take care of my elderly parents.

Loan Proposal

my name is Biwott, I am requesting you dear lenders to help me finance the purchase new water tank to replace the leaking one. the tank got damaged at the wrong time when I have used most of my savings for school fees. A good tank goes for $140 ,and therefore the $100 will be very vital ,as I will add $50 from my savings.Thank you for your kindness.