Name
Erick
Member since
November 2014
On-time repayments
34 installments • 76%
My name is Erick Kakai,I was born in Busia county in a family of 12 and raised with my mother,after my father passed on while I was in primary school.Since my mother was jobless and had no steady source of income ,I had to drop out of school at form two.
After living school,I did casual jobs as farm hand in farms in my village to earn living and take care of my family.I save some $40 to buy seeds and farmyard manure from a neighbor and planted 0.25acre of traditional African vegetables,from my first harvest i knew I was in business.I earned 10times what i used to earn.I stopped working for people and fully engaged myself in horticulture farming.
I have 3 children,the first born want to be a nurse ,the second one want to be a farmer just like me while my last born is too young.
I like watching soccer during my free time.
My farm is a diversified horticultural farm producing all types of traditional African vegetables as well as exotic vegetables. I supply my clients with fresh ,healthy and high quality vegetables.
This goods and services are always on high demand because of the high population ,climatic change that has made rain fed agriculture total unreliable.
My monthly cost ranges from$10-$100 depending on the season,i tend to spend much during dry seasons because of irrigation.my monthly revenues ranges from $200-$300 .
I use my profit to pay kids for my siblings so that they can complete their education,I also take care of my elderly mother.
I am requesting you to help fund my loan so that i can buy a a bigger water tank for my farm,this will help me store more water for use during dry season ,currently i have 40000L capacity tanks and I wish to add 10000L tank.The costs involved is $160. I would add the $60 from my savings.Thank you so much for visiting my profile.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Nov 25, 2014
Repayment status
On Time
Projected term
6 weeks
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