Purchase motorcycle for expansion of livestock farming
Eric Boniface
Muchatha, Yamogo Village, Kenya
16% repaid
Entrepreneur
Name
Eric Boniface
Member since
May 2014
On-time repayments
69 installments • 26%
About Me
I am the first born in our family, i have three brothers and one sister. I come from Kiambu county, Kiambaa location, muchatha sublocation, yamogo village near yamogo A.C.K church. I went to muchatha primary school and did my K.C.P.E in 1995. I joined muongoiya secondary school in 1996 and did my K.C.S.E in 1999. Afer high school i started farming since i had passion in farming since i was young. I also enrolled in a local college where i did computer packages. I like traveling during my free time and listening to music. Traveling give's me opportunity to learn more about agriculture and getting ideas from other fields. My biggest dream is to become a full time farmer, exchange ideas with other farmers, recruit young generation to become reliable farmers and create job opportunities.
My Business
After high school i started doing small scale farming. This has always been my dream since i was young. About 70% of Kenyans depend directly or indirectly on agriculture as a source of income. Agriculture is the backbone of Kenyas economy and demand for agricultural products is very high both locally and internationally. The supply is not sufficient to cater for the growing population. The main challenge i have faced in agriculture is climate change, pests and diseases and financial challenges. I have planted kales which i harvest twice a week and also i have planted pumpkins which i will harvest starting September. I'm also planning to start pig farming which is on high demand. I'm working with an architectural firm so i will be able to service my loan using my salary and weekly sales from kales. I'm so proud of Zidisha, it will transform many lives. Thank you alot Zidisha
Loan Proposal
There is huge demand for motor cycles commonly referred to as boda boda. I have been quenching to venture into this business for some tome but i dont have adequate funds. I'm applying for this loan to help me acquire a new boda boda. This will help in new job creation and opportunities. Boda bodas have alot of advantages. They are easily accessible, they are easy to operate and maintain. They don't consume much and can access areas where motor cars can not access thereby saving time, resources and energy. It will also help me to make my weekly payments without much hustle and that way i will be able to repay back on time
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Loan Info
Project Type
Classic Loan
Disbursed amount
$212.00
Date disbursed
Mar 31, 2017
Repayment status
Late
Projected term
11 months
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