Name
Miriam
Member since
February 2016
On-time repayments
225 installments • 18%
I am the first born in a family of four. Both my parents were primary school teachers. They did their best to provide for me and my siblings with basic needs and education to college level.
Having a Diploma as my highest level of education i got a clerical job on contract terms in an NGO that was not well paying. Having been raised at the rural i had grown up in the farms and had a passion for farming. So i started Agribusiness to help me look for extra income to sustain my family and give them their best. And also for contracted staff your job can end any time which is risky.
I have 2 children who are still young and just started schooling.
I do majorly horticulture. I farm tomatoes, Onions, capsicums, passion fruits, water melons and arrow roots.
The crops i plant are marketable and on demand in all seasons so i believe i can not go wrong with them. The main challenge is pests and viruses that attack the crops and bring losses. Another challenge is unfavorable weather conditions.
The proceeds i get from the sale of the crops help me pay for my children's school fees, their medical bills and the basic needs. It has also helped me build a permanent shelter for my family. Am looking forward to better things in future.
If granted the loan I will buy the following
1. New Greenhouse polythene paper to cover 8 by 30 greenhouse costing $ 400
2. Wooden polls worth $180 for the greenhouse.
3. Nails for building worth $ 30
4. Labour for Building the greenhouse $150
This tomatoe greenhouse will help me increase my sales to Supermarkets and hotels in my town hence increased profits. This will help me Pay school fees for my children in the year 2017 and also take care of their medical bills. I f all goes well, I will also donate to children homes and orphans in my community.
I expect my profits to increase 65% more than at the moment.
Positive
2
Neutral
1
Negative
None
Project Type
Classic Loan
Disbursed amount
$766.00
Date disbursed
Nov 11, 2016
Repayment status
Late
Projected term
46 months
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