Fertilizer for tea crops

Kiprotich Hillary

Kapchebwaber Village, Kenya

100% repaid

Entrepreneur

Name

Kiprotich Hillary

Member since

July 2014

On-time repayments

184 installments  •  28%

About Me

I come from Kericho County which is well known for tea production as the main source of income to its residents. To arrive to my home, from Kericho town you board a viechle heading towards sotik and alight 10 kms later at a market called Kapsuser and from there take a motorbike heading to Kipsolu and alight at Chepkoton junction near Kapchebwaber AGC. My home is 150 meters to the right from the junction.
I went to Kapsuser Primary and later joined Chepseon High School for high studies after which I joined Highlands College for a Diploma in Information Technology but due to lack of job opportunities I decided to venture into agribusiness and due to a good understanding in tea sector I decided to do tea farming.

My Business

I am mostly earning my income through tea farming which i get paid every month based on the total of kilograms delivered to the processing factory at the end of every month. I also earn through a motorcycle business which gives me Kshs 21,600 every month. I use some amount from the motorcycles in servicing them every month to ensure its excellent functionality. I have also started rearing poultry chicken though i still have to support it since it is still young, i currently have 30 mature chicken whereby 17 chicken are already lying eggs which i see at the nearby restaurants and i use the amount raised from the eggs in buying them feeds.

Loan Proposal

I will use the loan to buy tea fertilizer which will improve its productivity. Tea nutrition is an intergral part for its vegetative growth and to ensure yield response adequate fertilizer should be applied. According to factory recommendations 700 bushes of tea should be applied with one bag of fertilizer, therefore in my case 3.5 bags of fertilizer is needed.
2500 bushes / 700 tea bushes = 3.5 bags of fertilizer
A bag of fertilizer goes for Kes 2700 ($ 27.00) which translate to Kes 9,450 ($ 94.50).

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$113.00

Date disbursed

Nov 11, 2016

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $4.66

Lenders

dlpringle

Denver, United States

W

Wade

United States

Jan de Wit

Utrecht, Netherlands

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

A

Anonymous

United States

Hans Moor

Vorden, Netherlands

M

Margaret

United States

Paul Buchheit

Mountain View, United States

TL

Tao Luo

United States

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