Watermelon seeds for my farm

Joseph

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Joseph

Member since

January 2018

On-time repayments

11 installments  •  64%

About Me

I am a Kenyan citizen aged 50_years old. I was born in Machakos county, Machakos town sub county and am the fifth born in a family of 9 children. My parents where generally poor and they struggled to bring us up and educate us but I thank them because they tried their level best to give us some education. I studied for my primary education and higher education within the home county of Machakos from 1973 up to 1985. In 1986 proceeded to study Graphics design and printing technology in Nairobi capital city and graduated in 1991. In 1998 I married my Beutiful wife Terry and were are blessed with 3 children of which the 1st born is a girl who has just finalized her high school education and is waiting to be enrolled to the national University, the second born is a boy who is finalizing his primary education this year and the last born girl is in pre school. My wife is a house wife at the moment but she is looking forward to start a small grocery shop when funds are available, she used to have a salon but closed it down when she became pregnant with our last born child. Up to the year 2014 I had a stable job which was lost after the company closed down then I started my small scale business. I also practice small scale farming to boost our food security.

My Business

I design and print banners, brochures, posters and packaging materials among other products as per my clients requirements. Most of my clients are small scale traders and and schools but I am looking forward to engage big companies to expand by revenue income. I am also looking forward to have a webside to boost marketing for my products. Apart from the Graphic design and printing business I also do small scale farming. Last year in November I harvested some 4 tones of water melon and now I am about to harvest Mainze from my half a acre farm. The profits from my business are used to pay house rent and School fees for my children and also help me and my dear wive to meet basic needs for our entire family.

Loan Proposal

I am looking forward to farm water melons on my small farm. The total cost for planting the seeds taking care of the plants and harvesting I approximately USD. 76. I will need a loan of USD 18 to buy the seeds. The balance cash needed will come from my savings. After planting, harvesting and selling my melons. I will get a profit of approximately USD 100 which will help expand my farming business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$25.00

Date disbursed

Feb 20, 2018

Repayment status

On Time

Projected term

4 weeks

Lenders

MarktheMormon

Sandy, Utah, United States

KieranB

Ireland

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