Entrepreneur
Name
Sande
Member since
April 2017
On-time repayments
8 installments • 38%
About Me
I was born in 1994 in transmara west narok county and attend enoosaen primary in 1998 to 2008 when I join high school in 2009 and finish in the year 2012 where I was admitted in University of Nairobi and undertake micron entrepreneurship.my dad was a peasant farmer to I decided and make decision to venture in farming because of the vast track of land my dad own.
My Business
I market,sell and supply furnitures . I also involved myself in agricultural (major) activities farming sugarcane in large scale which is the big source of my income.the farming activity needs a lot of capital because it involves larger track of land.the money I will spend wisely to help me today and there after which will be approximately 560 dollars at the end of six months.
Loan Proposal
I will use the loan to buy farm machinery,tractor at a cost of 2,245 dollars and trailer at a cost of 350 dollar. A total cost of 2,595 dollars.
The machine will reduce my cost of production and maximizing on the profit by cutting down the cost of cultivation and transportation of canes.
My fellow farmers will benefit by hiring the machine at affordable price and also create jobs to community by having a driver and other unskilled labourers to load and offload cane at different sites hence generating cash at the end of the day.
The profit will increase significantly at the rate 45% due to the reduction of cultivation and transportation activities hence earning profit.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$5.00
Date disbursed
May 9, 2017
Repayment status
Late
Projected term
6 weeks
Other loans
Lenders
United Kingdom
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