To transport my tomatoes to a better market place

John

Nakuru, Kenya

Funds disbursed

$0 to go

100% funded of $64 goal

0

days left

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

i intend to use this loan to transport my tomatoes to the new marketplace i found.
during the last visit my profits, due to the new market, increased by 40 %.
i have more market products and this translates to more profits.
i will be in a position to repay on time and keep something for myself

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$64.00

Date disbursed

Mar 20, 2019

Repayment status

Late

Projected term

2 weeks

Lenders

A

Anonymous

United States

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