To buy new maize bags

Anita

Londiani, Kenya

100% repaid

Entrepreneur

Name

Anita

Member since

September 2016

On-time repayments

20 installments  •  55%

About Me

i am a mother of two children brought up in a family of five boys and two girls,our parents did not give us all equal education because we did not undergo circumcision so we were discriminated and left out to help our selves .so we decided to enter into to early marriage .being in my husbands home i decided to do farming by the help of my husband.our land is so fertile for all farming.my first child career is a doctor and the second child career is a journalist .on my free time i like visiting different farmers to learn more from them.

My Business

I do maize farming in a two acres land,maize have done well this session so i am going to have a lot of produce.maize in our place is more demand because we have many milling companies around and the market is ready.i like doing maize farming because it has a good return.i spend 60,000 ksh in buying fertilizer,10,000 ksh in farm preparation and 30,000ksh, goes in buying of seeds.i also put 20,000ksh aside for weeding.in two acres land i will harvest 80 sacks of maize,which i will sell 3000ksh per sack,in total i will sell all sacks at 240,000 ksh,after selling all of my harvest i will make a profit of 120,000 ksh which i use in paying my children school fees and the remaining i use in sustaining my family untill the next harvest.

Loan Proposal

I want to buy new maize bags so that i can put my maize after harvesting.i want to buy 100 sacks which will cost me 50 us dollars,doing this i will be able to harvest at once and sell my harvest in time,and i will be able to pay my children school fees in time.i will also cut a lot of expenses and increase my profit at 20%.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$22.00

Date disbursed

Sep 8, 2016

Repayment status

On Time

Projected term

4 months

Other loans

Lenders

Paul Buchheit

Mountain View, United States

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