Entrepreneur
Name
Winnie
Member since
July 2017
On-time repayments
48 installments • 27%
About Me
I am a 32 year old.
I am looking for finance aid/ support my Agri business project.
I want to plant sugarcane next coming season(2023) in the month of Feb.
It's my hope that someone will find this project...
My Business
I want to plant sugarcane next coming season (2023).
The total cost estimate for this project is 70,000
1) Leasing of 1 acre piece of land=Ksh 20,000
2) Ploughing= 20,000
3) Fertilizer=14,000
4) Weeding ×2 = 14,000
Project estimated initial cost is Appx 70,000
The project duration will be one year. I expect to harvest atleast 50Tonnes from this piece of land..Each tonne of sugarcane harvested will give me a gross return of between 5,000 to 7,000 Ksh. I.e a gross of around Ksh 300,000
Loan Proposal
In future, I hope to be able to increase and qualify for a bigger loan.
I hope to be able to do this by making timely repayment .
But for now I will use the money disbursed to cater for utilities .
I will use it to pay up my telephone expense
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Loan Info
Project Type
Classic Loan
Disbursed amount
$4.00
Date disbursed
Aug 4, 2017
Repayment status
On Time
Projected term
5 weeks
Other loans
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