Name
Stephen Omondi
Member since
February 2014
On-time repayments
128 installments • 50%
I Stephen Omondi Owili is now 24 year old.I originated in Rachuonyo.Now i live and do my business in butula a small town in busia county.I am self employed at my aggro-vet shop.I have a certificate in animal health from kebete technical and short course in electrical installation from kenya industrial training institute nakuru.I started the business because i realized that within this area there was scarcity of my service.In addition i wanted to earn a living.I have purchased myself a motorbike that i used for field work and my house hold.
I have a small shop in Butula Busia county where i sell farm inputs and have three accre farm where i practise farming.This business i started because i wanted to earn a living.Actually my business is personal and i have 100% total control over everything.I sell animal drugs,pesticides,fungicides,seeds,fertilizer,vaccines and many other products that are required in an aggro-vet and i also practice maize farming.I have good customer relation and offer better services to farmers and this have helped to attract as many customers as possible.I have one employee to help me deliver products to farmers by motobike and sometimes hire labourers in my farm when i want to plough or weed my farm.The business is profitable because i get the products direct from the supplier at lower price.One risk that my business faces is lack of capital to expand my business.My monthly cost is ksh 18000,sale ksh 80000 and profit of ksh 20000.This figures varies depending with seasons.Supporting this loan you will be supporting many lives that depends from the business earnings.
I have a small agrovet shop where i sell farm
inputs and have 3 accre farm where i grow
maize for sell.1st those who actually supported
my last loan i say thank you so much.Now i am
humble again before you request you to
support me again to add stock in my business
and part of it use to plough my farm then top
dress my maize with fertilizer.I will use $140
to stock 4 sack fertilizer 50kg each,$56 buy
maize seeds,$40 buy drugs and vaccines.Then
the remaining little $ to use to use to weed my
farm and topdress with firtilizer.I will employ
5 people to help me with weeding and pay
them little amount to support their family.By
the end of next month i will be harvesting my
first maize then sell.For now i will be repaying
loan from my earning from my shop.Thank
you in advance.
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Project Type
Classic Loan
Disbursed amount
$319.00
Date disbursed
Jul 1, 2014
Repayment status
Late
Projected term
87 months
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