Supporting sticks for my tomatoes

Vincent Wanzala

Mumias, Kenya

100% repaid

Entrepreneur

Name

Vincent Wanzala

Member since

January 2015

On-time repayments

26 installments  •  46%

About Me

My name is Vincent Wanzala, I am the third born in my family. My mum is a small scale farmer while my dad is a retired primary school teacher. I went to Kabwodo primary school, and then proceeded to St Mathias secondary school where I completed my secondary school education. My dad having retired can not afford to pay my college fees, and since I can not get any job, I have decided to do agriculture to save for my education. Things look tough but manageable. Currently I have 1/2acre land with healthy tomatoes. I am looking forward to lucrative revenues this second season. I am a Bukusu from western Kenya. We have male circumcision as one of the major cultures, there is also traditional Bukusu dance only done during special occasions. I am social and outgoing and so I like meeting new people and making new friends.

My Business

I do tomato farming and so the mojor products that I provide for the markets is tomatoes. I farm my tomatoes in open field and I always minmise the use of pestcides in my farm. The demand for tomatoes has always been high since most farmers in my area fear tomato farming saying it has a lot of work. There is a lot of opportunity as many people get there supplies several kilometers away from my village. I choose this business because it was the most profitable business, and I was near source of water. The soils also lack blight and so it supports this crop. I spend $100 on labour and manure. My average revenues are $180 per month. I use my revenues by supporting my family given that my dad is retired and my mum has no stable source of income and saving for my university fees.

Loan Proposal

dear lenders please ,I am requesting for a loan to buy supporting sticks for my tomatoes which are three weeks old. I have bought some pieces but only enough for quarter of the farm. I am kindly requesting you support me buy this sticks.I will be very grateful for your support,i will use the $100 to buy the sticks. Thank you in advance.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.38

Date disbursed

Feb 2, 2015

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Lender interest: $100.38 at 6.93% annual rate over 1 month = $0.92

Service fee: $0.52

Lenders

S

samuk

Nottingham, United Kingdom

McJulio

New Jersey, United States

danielytao

Boston, United States

U

UmSaeed

Southfield, United States

A

Aaron

Zurich, Switzerland

OlyRhys

Olympia, United States

J

jerryq

Redding, United States

L

lilbsedz

Raleigh, United States

T

Tui1974

nuenen, Netherlands

HMS_5th_Grade

Honolulu, United States

S

solarkismet

Logan, United States

A

amish

San Francisco, United States

U

UTLonghorn

Lincoln, United States

P

Pavane

Kungsbacka, Sweden

R

rosebo

Bend, United States

H

happytrailsjpd

South Bend, United States

Paul Buchheit

Mountain View, United States

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