Hassan Vyumbe

Mtwapa, Kenya

83% repaid

Entrepreneur

Name

Hassan Vyumbe

Member since

February 2013

On-time repayments

12 installments  •  67%

About Me

my names are Hassan duka vyumbe. a resident here in mtwapa. am married and and a parents of one child boy his name is called john. he is five years of age and he is in school here in mtwapa.am a seriously business man here having been doing my business for the last six good years.my education background is form four level of Kenya secondary level.i started this business because i wanted to be one of the leading local farmer producer. with the earnings from this business i do buy fertilizers seeds and food for my my family and paying of school fees as well

My Business

my business is farming am a farmer here in mtwapa i do grow tomatoes and when they are ready do harvest and take them to the market for sell. these farm products are on demand here because these products are fresh from the farm and they are affordable to all. most of the clients prefer buying these goods from me because i sell them with a farming prices which is the lowest.my monthly running cost is Kenya shillings 15,000. and my monthly sales is Kenya 30.000. this is now giving me a monthly profit of kenya shillings 15,000 monthly.

Loan Proposal

thank so much am greatfully happy for you. for having approved my loan application with this loan since its now raining season am going to use thios amount of money on buying feterlizer so that i can use on my farm. and the rest i will buy tomatoe seeds so that i can take them to my nersary bed before i take them to my farm for planting.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$97.94

Date disbursed

May 1, 2013

Repayment status

Late

Projected term

12 months

Cost to entrepreneur

Lender interest: $97.94 at 1.45% annual rate over 12 months = $1.51

Service fee: $3.65

Lenders

N

netsirkd

Highland, United States

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