Entrepreneur
Name
Samuel
Member since
February 2016
On-time repayments
51 installments • 69%
About Me
I am 28 year old father of two children a Edwin and Saral aged 5 and 3 years. I went to Lukhano primary school and then joined Lukhano secondary school,I did not pass very well because most term I was send away from school due to school fees. I was determined to achieve my dreams and I therefore joined Wazalendo youth group were out team leader invited experts in various fields to train us on best agricultural practices.
After visiting a few farms and learning what young farmers were doing <i decide to practice farming but my biggest let down was start up capital. I decide to start my business with only $7 that I use to buy seeds,I always worked on the farm my self.After three months I had sold $250 and bought a few equipment and started to expand my my farm.
I am a soccer fun and I always spend my free time with friends watching football. I am also the assistant coach in our home team .
My Business
I provide assorted vegetables to my customers,I am produce my vegetables in clean environment and with minimal use of chemicals to ensure my clients health is not at risk.These goods and services are on high demand because of the scarcity vegetables and the high population.
I choose these business because it required less capital to start and I actually started with $7 as my capital.
my typical costs are $100 on average per month and my montly revenues are $300 n average per month.
I use the money to pay fees for my children and to help me support my siblings and my aging mother.
Loan Proposal
I would spend the money on water tank ,the capcity of the water tank would be 1000litre and would cost $300.I would add $100 to the loan to help me get the tank.The tank would help me to store water on the farm so that my crops are not affected in case of adverse weather.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$192.00
Date disbursed
Jun 23, 2016
Repayment status
On Time
Projected term
47 months
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