To transport my tomatoes to a better market place

John

Nakuru, Kenya

100% repaid

Entrepreneur

Name

John

Member since

January 2019

On-time repayments

7 installments  •  57%

About Me

my name is John Kamau. I was born and raised in Kenya where my family lived below the dollar. the struggles I faced motivated me rather than breaking me. I looked for a way of overcoming the struggles and I came to find tomato farming. tomato farming is an entrepreneurial venture that is yet to grow bigger and has the capacity to grow very much. If I push through my farming I will be in a position to provide a better future for my kids.
one of my kids is very passionate about being a doctor. He challenges me and keeps asking questions related to medicine. sometimes I am forced to browse for answers.

My Business

my business is tomato farming. currently, I am farming a half an acre piece of land. however, i am looking to scale it as the demand is gradually growing. in fact, I plan to double my production. at the moment, my monthly costs are around 190 usd, and the revenue is 310 usd. I re invest 40% of my earnings, and use the rest to cater for my kids education and home improvements.

Loan Proposal

hello, i intend to use this loan to transport my tomatoes to a tomato paste processing firm. payments are made at the end of the week and this loan will help pay my workers before i receive payments. the cost of transportation is 90usd.
i expect to increase my revenue by an extra 170 usd when i take my tomatoes to the firm.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1.00

Date disbursed

Jan 30, 2019

Repayment status

On Time

Projected term

1 week

Lenders

Paul Buchheit

Mountain View, United States

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