Entrepreneur
Name
Titus
Member since
February 2016
On-time repayments
42 installments • 71%
About Me
I am the third born in a family of 7 children ,I went to ebusakami primary school and then joined sigalame boys,I passed well my KCSE and scored B-, I am currently pursuing degree in business administration.I started my farming business after completing my secondary education,my fathers cows died and he could not therefore pay my fees,I borrowed money from my uncle that I used to buy seeds and asked my family members to help me prepare the farm,however since I was practicing rain fed agriculture ,i could not get more because of glut in the market.I currently reduce my production during rainy season and increase production during drought and irrigate my crops to get premium prices.
Our land is hilly and most people keep livestock for living and few practice farming.
I love reading novels,travel ling,nature walk and singing.
My Business
I provide vegetable to my customers who are mainly members from my community,and a neighboring school,the demand is very high and I sometimes send away customers.
I choose farming business it is easy to manage and run as well as it required less capital to start.
my monthly typical costs are $150 for manure and fuel for generator and my monthly revenues are $400. I use the profits from the business to pay my fees and take care of my mother.
Loan Proposal
I would use the loan to buy water tank (5000l) capacity that I would use in my farm.the water tank would cost me $250 and I would use money from my saving to add to the loan and buy the water tank.Thank you in advance.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Feb 23, 2016
Repayment status
On Time
Projected term
24 months
Other loans
Ask Titus a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.