Kiprotich
Kapchebwaber Village, Kenya
100% repaid
Name
Kiprotich
Member since
July 2014
On-time repayments
184 installments • 28%
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.
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.
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).
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$113.00
Date disbursed
Nov 11, 2016
Repayment status
On Time
Projected term
3 months
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