Entrepreneur
Name
John
Member since
September 2012
On-time repayments
38 installments • 3%
About Me
I am a married man with seven children of whom 2 are in primary school and 3 in secondary school. The other two still rely on me though they are not in school. My land is inheritance from my parents. I have studied until class seven. I obtain my goods from KFA to improve my farming. I use the profits to pay school fees and maintain my family since I am the sole bread winner.
My Business
maize is the staple food in our region and our country as a whole.beans are the most reliable source of proteins and with the fast growing population most people don't have their own farms, thus rely on us for their food.my food is well grown and taken care of and i relate well with my customers. i also give them extra maize in case of bumper harvest and i have been able to maintain them.in a month i get an income of kshs 33250.after withdrawing all the uses i get a profit of kshs 13250 a month.in case of heavy rains as those we have experienced this year, my harvests will reduce. pests and diseases also increase production costs.
Loan Proposal
When given this amount i will continue to expand my farming to modern farming since the rain has started to pour down. i will use the money to plant plant vegetables and tomatoes in order to fetch enough money during the festive season which is near.When given this amount i will continue to expand my farming to modern farming since the rain has started to pour down. i will use the money to plant plant vegetables and tomatoes in order to fetch enough money during the festive season which is near.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Oct 4, 2012
Repayment status
Late
Projected term
38 months
Lenders
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