Entrepreneur
Name
Faith
Member since
February 2017
On-time repayments
39 installments • 56%
About Me
Am Faith Kangkwony, a fouth born in a family of seven children and a mother of two children.After my form four i was able to joint a village polythenic where i entrolled in dressmaking and school uniform,and now working in a nearby town center with a small shop that i had opened to start the business.After realizing that there was demand on the market of tomatoes and vegetables,i decided to start farming on agribusiness.
My Business
The first loan of 1500/ and my savings in the account will be used to purchase equipment slasher, Jembe and fertilizers for the farm. the other amount will be used for preparing the land and also enable me purchase tomatoes and vegetable seeds.
My business will deal with farming of tomatoesand vegetables and supplying them to market.
Loan Proposal
The money will help me add on some savings i make monthly and some from the supply of tomatoes to the various local market and schools.
the profit will also increase by more than 50% from last months. the loan shall be be to buy equipment, fertilizers and other to go to man power.
This loan and my monthly saving will make go smoothly in my business.
Loan Proposal
The loan will assist me buy fertilizers and seed, the cost of fertilizers is ksh 1,500 and the cost of seeds is ksh 1,000/= thus this will help me increase the supply to the market hence double my savings i make monthly .
profit will also increase by more than 25% from the previous months. the loan will also help me add equipment to the farm.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$21.00
Date disbursed
Jul 25, 2017
Repayment status
On Time
Projected term
5 months
Other loans
Lenders
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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