Listing image gallery
Farming

Tomatoes project

John DoeJ
EntrepreneurGabrielLocationNairobi, Kenya
Project status
100%funded
$50raised
100%paid forward

My name is Gabriel Kariuki,i am a marketer by profession,I hold a masters degree in business administration (operations management option (UON) a bachelor degree in business management- marketing option (MKU) I describe myself as a honest,aggressive & an ambitious person,generally am an achiever.

I come from Kirinyaga county in central KENYA,My constituency Mwea is known for rice production,85% supply of rice in east Africa comes from this region.

I am currently in Rice farming and also i do buy rice for speculation to sell at a profit.

I chose Rice farming because currently the demand for Pishori rice is high than the supply .

My budget for leasing and farming one acre of Rice is ksh 170,000. That involves leasing, farm inputs , labor and harvesting . A good rice project, an acre produces 25 bags.

In a good season one bag of pishori Rice (100KG) sells for between ksh 9000-9500.

I usually use my profits to support my family needs and save little for my children education

I am in employment but at the same time i do horticulture farming,currently am growing tomatoes.My main reason for choosing farming as a side hussle is because from experience i have witnessed fair returns from the farm.

Currently am pursuing a masters degree at university of nairobi and i have commited 80% of my salary towards my studies.I therefore seek financing of my already ongoing tomatoe project which will be due in early April.

If financed i plan to repay the Loan using my salary income.

I confirm that through my tomatoe project i have already employed a shamba boy which i consider wise/a way of growing our economy and giving back to the society.

I plan to use proceed from this project boost my saving to start up a GYM in my home area by june this year