Zidisha funding difathas farm

Difatha Thuo

Nairobi, Kenya

3% repaid

Entrepreneur

Name

Difatha Thuo

Member since

December 2016

On-time repayments

110 installments  •  5%

About Me

Iam a young businessman and i would want to get a loan to expand my farming business.I would want to get a lender who will help me achieve my dreams.
I require good cash so i can purchase better working equipment and employ more workforce.
I have been in this business for more than a year and i bet its profitable.
I am interested in finding a source of a loan with success with Zidisha hopefully.
I am determined to expand this business marketwise.

My Business

My business is located in Kenya,Nyeri countyWe deal on farming such as livestock:chicken, cows and cultivation of of crops such as tomatoes ,onions etc
This business has been having financial hiccups to expand its market and thats why i decidedto find Zidisha and borrow some cash which will be significant in the success of my agribusiness.
Hopefully i need my venture to enjoy the international market in about two or so years to come.
I will like you to be part of it in any part of my success.
My business requires more workforce as it progresses due to increased operations within.
This will be a key to Labour division enhancing efficiency thus increased profits per particular period of time.
Right now i have two employees but with time i need about ten of them which willb increase expenditure on wages and other requirements.
My business requires about 30000 kshs but i have been able to save 10000 kshs and i just require about 20 thousands Kenyan shillings.

Loan Proposal

I want to buy more efficient and effective equipment to service my farm eg structures which adds up to $15
Make payments to wages @ about $17
Other expenditure @ about $15
I will make my business more efficient and create more business opportunities to others.This Will inturn lead to increased profits.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$498.37

Date disbursed

May 6, 2017

Repayment status

Late

Projected term

24 months

Cost to entrepreneur

Service fee: $20.98

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