Entrepreneur
Name
Jane
Member since
April 2017
On-time repayments
68 installments • 54%
About Me
Introduce yourself to lenders.I Jane Mueni I went to school but left to get married at Form 2. We later divorced and I went to Nairobi where I began my business with KSH 100 bob by buying sukuma wiki at KES 50 bob and tomatoes at 50Ksh. This was in 1995. I continued until I owned a retail shop.
My Business
I own 4 acre land tilt and have planted mangoe trees , pawpaw trees, passion fruit trees, avocado trees and orange trees and plant seasonally maize, peas, beans, arrow roots, cassava etc. In a year I can earn KSH 200,000. I use the profit to educate my last born in a private school.I have been developing the area since is a semi arid area
Loan Proposal
Thank you my lenders for the previous loan. It has gone a long way helping me in water catchment project for my crops. Since its raining season and water is a bit scarce I want to venture in a new business which is cash crop farming of water melon. The price of water melon seeds is much and would like to plant at least 3acres of the land with this high demand cash crop. We will be approaching summer and this is used as natural refreshment. I will buy five kilograms of Sukari F1 water melon seeds at $ 80. I will then use at least US$ 30 for hiring ploughing personnel and bulls. I expect my profits to triple after harvesting. A water melon fruit is sold at a retail price of US$ 2. I can choose to sell on wholesale or retail since I own a retail shop.
Thank you in advance
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Loan Info
Project Type
Classic Loan
Disbursed amount
$98.00
Date disbursed
Apr 14, 2018
Repayment status
On Time
Projected term
7 months
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