To transport my tomatoes to a better market place
John
Nakuru, Kenya
$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
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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
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