Entrepreneur
Name
Joe
Member since
August 2015
On-time repayments
135 installments • 41%
About Me
hello lenders, I am githaiga Joseph aged 38 years. I am a family man with two kids-two boys. i am currently working with a local organization but also I have side jobs to earn extra income. I buy used and new cloths and shoes and sell for a small profit online.i plan to open a shop soon if I get some capital.
My Business
besides a salary I earn from my employer I also have small businesses to supplement on the income. I am engaged in selling cloth items at retail price.i buy new cloths and sell them through my friends and neighbors.basically it's a virtual boutique. Its a fairly new business venture but is able to bring some income and pay some bills.
Loan Proposal
I have already planted kales, tomatoes and capsicums seeds on a seed bed. They are now two weeks old. In another two weeks times, they will be ready for transplanting. I require fertilizer DAP-di-ammonium phosphate for planting, fungicides and also farm manure about planting the seedlings. The DAP costs about US dollar 10 per 20 kgs bag while the farm manure costs about US dollar 10 per small handcart. The assorted fungicides and pesticides costs about US dollar 10 in total for the whole season. The tomatoes and capsicums will also require propping after a month of transplanting which will require about US dollars 20 for the posts, labor and wire.
This project will benefit my family in terms of ensuring that we have constant food supply of vegetable sand tomatoes. i will also sell others to my neighbors and grocery owners around my town.
I expect to start getting about US dollars 10 every weekend from the sale of kales and spinach in a month's time from the date of transplanting. tomatoes i expect to sell about US 10 every three days after about two months of transplanting. Therefore i am assured of comfortably repaying my loan weekly since i also have some spinach and tomatoes (from previous season) which i sell weekly. I will appreciate you support. Thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Aug 24, 2016
Repayment status
On Time
Projected term
8 months
Other loans
Lenders
United States
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