Stock for my vegetables kiosk

Jane

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Jane

Member since

March 2016

On-time repayments

191 installments  •  51%

About Me

Hallo friends. My name is Jane Murungi. I am a mother of 2 school going children.

I grow horticultural crops such as capsicum, tomatoes etc.
My first born child who is 17 years old wants to become a chef in one of 5 star hotel in Kenya. The other one wants to become a medical doctor and he is aged 12 years old.

I am also actively involved in social work where through my church, I give a helping hand to the elderly and vulnerable people by visiting their homes.

My Business

My business if farming. I do poultry, dairy and crop farming. I do sell eggs, milk, chicken meat, then tomatoes and maize. These are the products I get from my farm. These products are in demand, especially the milk and tomatoes. There are bigger buyers who buy from the small farmer and then supply to big towns like Nairobi and Mombasa. Sometimes demand is so high, like for tomatoes that I and others farmers cannot even supply fully. That is why I chose this kind of business. For the time I have been farming, about 4years now, I do between half and one acre of tomatoes. Together with the chicken and dairy cow, I spend between 300 to 1000 USD. The profits are not high though. After sales, and all expenses, I do make about 200 to 500 USD profit of different months and seasons. This is the money I use for fees, any medical issues and also building a small house currently under construction.

Loan Proposal

I do farming business among other businesses. With the amount am requesting, I intend to buy some stock for my small vegetable kiosk. I will buy 2 crates of tomatoes for shs.3000, then 1 sack of capsicums for shs.2000. This is whole sale price. I will then resell the same in smaller quantities at my kiosk. I hope to do two rounds every week. This will boost my savings also and I hope to have saved at least half of the fees required by January. For every round I expect to save about 1000 to 1500shs.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$52.00

Date disbursed

Oct 31, 2016

Repayment status

On Time

Projected term

6 weeks

Lenders

Paul Buchheit

Mountain View, United States

E

Enda

Abu Dhabi, United Arab Emirates

Diane U

Olympia, Wa, Usa, United States

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