Entrepreneur
Name
Carol
Member since
March 2017
On-time repayments
28 installments • 82%
About Me
I am a young lady who has a passion for the agricultural sector. I have managed to do farming on a small-scale basis but I would like to expand and do large-scale farming on a commercial basis.
I have been able to attain 2 degrees in University: a degree in Business Administration & Management and a degree in Credit Management.
In my free time, I like to do research on how to improve myself and be more efficient and effective in my work.
My Business
This is a farming project on a large-scale basis that I want to begin. I am already undertaking small-scale farming of growing vegetables which earns a small income. Through large-scale farming, I would be able to plant fruits and vegetables and also engage in tree farming. There is already 27 acres of uncultivated land ready for use. I already have ready an agronomist to take care of the crops, and a ready market for the sale of the produce.
Typical costs are usually: wages, capital for the seedlings, tools and equipment, transport. Revenue will include: profit earned from the fruits and vegetables; some mature on a monthly basis, others after 3 months, others after 6 months.
The profits earned will be reinvested back in the business for its growth.
Loan Proposal
I will buy seedlings needed for my capsicum farming,
This will be sold when matures and will earn a profit.
For returns:
18 X15m Piece of land of straw berry can produce 17 – 27 Kg of fruits per week
1 Kg of straw berry sells at Ksh. 150 -200
In one month, 17 X 150 X 4 = 10,200
In one season (Four months) 10,200 X 4 = 40,800
In one year (2 Seasons), 40,800 X 4 X 2 = 81,600
About Me
I am a young lady who has passion in the agricultural sector, i have managed to do farming in small scale basis but i would like to expand and do large scale farming for commercial basis.
I have been able to attain 2 degrees in University;Degree in Business Administration& Management and Degree in Credit Management.
In my free time i would like to do research on how to improve myself and be more efficient and effective in my work.
My Business
This is a farming project on a large scale basis that i want to begin. I am already undertaking small scale farming of growing vegetables which earns a small income.
Through this large scale farming i would be able to plant fruits, vegetables and also engage in tree farming. There is already a 27acres of uncultivated land ready for use.
I already have ready agronomist to take care of the crops, a ready market for the sale of the produce.
Typical costs are usually wages, capital for the seedlings,tools and equipment,transport.
Revenue will include profit earned from the fruits and vegetables, some mature on a monthly basis, others after 3 months, others after 6 months.
The profits earned will be reinvested back to the business for its growth.
Loan Proposal
I will buy seedlings needed for my capsicum farming,
This will be sold when matures and will earn a profit.
For returns:
18 X15m Piece of land of straw berry can produce 17 – 27 Kg of fruits per week
1 Kg of straw berry sells at Ksh. 150 -200
In one month, 17 X 150 X 4 = 10,200
In one season (Four months) 10,200 X 4 = 40,800
In one year (2 Seasons), 40,800 X 4 X 2 = 81,600
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Loan Info
Project Type
Classic Loan
Disbursed amount
$1,005.00
Date disbursed
Mar 17, 2017
Repayment status
On Time
Projected term
47 months
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