Tea planting

Wesley Korir

Kericho, Kenya

100% repaid

Entrepreneur

Name

Wesley Korir

Location

Kericho, Kenya

On-time repayments

196 weekly installments  •  78%

About Me

I am Korir Wesley, a graduate in Bachelor of science in information technology. I have a passion in farming, I grew up in a farm and I spent most of my childhood working in our farm.

My Business

I ventured into tea seedling farming, this is after I did a research and found out that most farmers are willing and ready to plant tea but lacking the seedlings to plant. I saw a ready market and this led me into building a nursery.

Loan Proposal

I will the money to purchase more sleeves which means i will plant more seedlings. At the moment we are experiencing the long rains which is the best weather for tea planting. With this weather and the money i will get, i know will make a huge difference.
My budget is as follows
1. Sleeves----------$30
2. Labor------------$25
3. miscellaneous----$15
The cost of planting one seedling and the expenses required till maturity is approximately $0.05 and the price i expect to sell a seedling after 6 months is approximately $0.12.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$71.00

Date disbursed

May 28, 2016

Repayment status

On Time

Projected term

7 months

Cost to entrepreneur

Service fee: $3.55

Lenders

Dayton

Vancouver, Canada

Taylor

Memphis, United States

NS

Nielson Santana

Recife, Brazil

Anonymous

Ocoee, United States

F

Frank

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

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