Entrepreneur
Name
Antonina
Member since
August 2015
On-time repayments
248 installments • 36%
About Me
I am Antonina Gachiani. I was born in Mwea Township, kirinyaga County, Kenya. I took my primary school education and high school in the same county. I then did my college studies in Agri-Business at Egerton University, Nairobi Campus. I finished my course then started farming on the little land I was allotted by my dad. I raised my first capital from an informal job I had done immediately after college. Agriculture is an important part of the Kenyan Economy and culture. Every community practices some form of agriculture. Domestic agriculture is the major source of food in the country. While I love the general practice of agriculture, I also have passion in business management and this is good for my area of practice.
My Business
In Mwea kirinyaga County, Rice farming is a major economic activity. I plant Rice for sale on one acre piece of land. Its an incredible occupation both in business and food supply. Food is always on demand and I also have a passion for agriculture, coming from a culture that values hard work and production. I harvest averagely 24 gunny bags of Rice per acre, each of which I sell between Ksh.5000 (USD.50) and Ksh.7000 (USD.70). I spend Ksh.25,000 (USD.250) per acre from planting to harvesting. The acre makes approximately Ksh.95,000 (USD.950) to Ksh. 143000 (USD 1430) NB: This is the total that i get after 5 months (This is how long the rice takes to grow ).In future i intend to rent around 5acres piece hence increase my returns. I save some of the profits I make, some spend on my children's fees and other investments.
Loan Proposal
loan requested will cater for fertilizer and labour. per acre fertilizer cost ksh.12000, three acres 36000.labour approximately ksh.26000. i believe that funding will give me a lot of support .With the little saving i have will cater for any exra expenses that may arise in due course.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$598.00
Date disbursed
Sep 1, 2016
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
Gatineau, Québec, Canada
United States
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Portugal
United States
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