Entrepreneur
Name
Scovia
Member since
March 2014
On-time repayments
141 installments • 62%
About Me
I AM SCOVIA ONONO. I am a Kenyan born businesswoman. I went to Sosiani Primary and Chebanani Academmy. I later went to Lili Vision High School and completed my secondary education at Annointed High School. I am from a very humble background of a family of 8. Currently, I live in Kesses, an ASAL area in Kenya. I farm chicken, cattle, goats, geese and ducks. I also grow vegetables for income. I started my business one year ago. I did so to support and educate my siblings and to fend for myself. I contribute to community initiatives like fees for the poor and also to fund economic empowerment projects. Earnings are also used to buy crop implements, animal medicines, to cater for bills and expenses too. I will expand my herd, increase acreage under crop production and earn more from the work of my hands.
My Business
I started my business in 2013, its now 1 year since i started the business. i raise and sell chicken, cows, goats, geese and ducks. I also grow vegetable crops. I sell breeding and mature bulls and heifers, eggs, hens and cocks, geese, duck and crop at a profit, usually double or more eg capital of 30,000 gives returns of 65,000 net. My business has no inhibiting competition as the market is far from being saturated and is very profitable since it gives you double of what you input every month. At the moment the only risk is lack of water but I will invest on a big water tank and water pump to cut down risks. I will use the loan to invest in the business and am sure to repay it in very few days.
Loan Proposal
Zidisha is a Kiswahili word meaning increase or expand or intensify.
With the Zidisha loan I will buy seeds and increase the area I farm now, organic treatments and upgrade my chicken coop. Zidisha loan will result in expansion of farm land, increased income for the enterprise, revenue for government but mostly, uplifting of lives socially and economically in a sustainable model.Zidisha lenders should invest in this because doing so will conserve the planet will bring them profit and will also improve peoples lives.
Also, the feeling of fulfillment from loaning a business person and being repaid to loan again is a good feeling. Kindly lenders, breathe life into this enterprise!
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Mar 17, 2014
Repayment status
On Time
Projected term
33 months
Ask Scovia a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.