Tomatoe farming

Crispin

Kahawa West, Kenya

100% repaid

Entrepreneur

Name

Crispin

Member since

February 2014

On-time repayments

254 installments  •  96%

About Me

honest christian living in the outskirts of Nairobi Kahawa west.i have a wife and one son,1 Year,4 months old.i am an electrical engineer with a bachelors degree in the same.i work on a permanent job as an assistant engineer but has been frustrating to support daily life with little income from the profession.To counter this,i do farming during my free time but take it seriously since it is more beneficial to me than the permanent job.i would like to expand my projects on horticultural growing and would like some little funding to add up to my savings.my savings are directed towards purchase of farm equipments and inputs to expand my project as i want to go commercial and full time farming.Currently,my wife is not employed and this has also been a challenge to me.i would like to help her start a business of her own so that we contribute to our bills together and also empower her financially.

My Business

i get most of my income from farming where i grow tomatoes and vegetables which have ready market.i also have chicken in my farm who are laying and selling over 10trays of kienyeji eggs a week which are on demand currently.i also have a dairy cattle and selling 10litres a day and hope to expand this by having a better producing cow.To improve the milk production,i have planted some barley on my farm so that i can start embracing the hydroponics farming technique once i harvest it.all these products that i sell are purchased at farm gate and are ordered and i have never experienced loss as a result of lack of buyers.i have employed three farm hands who help me manage the farm.i trained them as i have extensive knowledge on agribusiness.

Loan Proposal

i have some cash but is not enough to fund my project on tomato farming.my project requires KShs. 25,000 and currently i have KShs. 21,500 in my account.i need a funding(loan) of the requested amount (KShs. 4,245) in order to kick start the project early March.the money is for purchasing seedlings,fertilizers,manure and pesticides for the crop.
This loan will help me fulfill my dream of farming and help me establish myself financially as a farmer.It will give me the opportunity to start my farming empire.i will also employ someone to take care of the crop when am away and more laborers to help in cultivation and tending to the crop.So,i think that lenders will be benefiting not only me but others that will earn from my project as employees as well as provide these essential vegetables which are part of a diet.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Mar 11, 2014

Repayment status

On Time

Projected term

5 weeks

Lenders

JimVandegriff

Trinidad, California, United States

Sarasota

Sarasota, Fl, United States

M

marymarrs

North Bend, United States

dlpringle

Denver, United States

Matching Fund

Sterling, United States

A

alretz

United States

M

meric

Australia

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