Name
Eric
Member since
October 2013
On-time repayments
346 installments • 31%
I'm Eric Otieno Odhiambo,25 years of age.Home where i originated in Vihiga district,Luanda division Ekwanda sublocation Kaila village.Currently i'm living in a small town Bumala in western Kenya.
Am holding a certificate in mechanical engineering(production) from Kenya Industrial Training Institute.I started my business purely to meet my needs in fact that i was an ophan and i had to pay for my own college fees.Since i started my business thing actually changes because i was able to pay my own college fees for the last two years withouth problem.
In kenya we have very fovourable business field and we only lack capital.Example in the public service vehicle(matatu) industry, agricuturial,estate development and many other.So any potetial invester willing to prosper should not hesitate doing it kenya.
For that am a little bit thruogh with my education i have plans to pluogh back my business income to the business so that it can be expanded,so in future i dream to run a very big business.
I run a small Agrovet business in Bumala town the deals with fertilizer,seeds,animal feeds,pesticides and many other essential commodity to the farmers which i was inherited from my late mother three years ago.And from it have manage to pay my college fees for the last two years.
Because Bumala people are small scale farmers i made lots of sale because i sell in smaller quantity at lower price as compared to other competitors.
During planting season my sales goes up to ksh 20,000 per day of which i will have no problem in repaying the loan.
I'm only faced with the capital to expand my business.But Kenya is the best place for business so no investor should fear any.
Thank so much my lenders for the last loan that i used to stock grain preservative.Now i request for another loan to stock planting and top dressing fertilizers.My shop need fertilizer because this period some farmers need it to plant vegetables and tomatoes.So the amount i will purchase 2 sacks of D.A.P 50kg each @ KES 3400 and 25kg each urea and C.A.N @ KES 1350 and KES 1200 respectively.
Thank you for your continued support.
Positive
11
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Nov 1, 2013
Repayment status
On Time
Projected term
6 months
Other loans
Ask Eric a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Loading...