Install drip irrigation technology for my vegetable farm
Victor
Angorom, Kenya
$0 to go
100% funded of $497 goal
0
days left
Entrepreneur
Name
Victor
Member since
December 2014
On-time repayments
32 installments • 56%
About Me
My name is Victor Oluoch Omondi,I was born in Busia County western Kenya.I schooled upto secondary school.
After secondary school,I joined Angorom youth group,were we were encouraged to do farming business.Since I had no job and source of income at that time .I decided to give it a try. Farming has earned me good income and I always appreciate farming.
I come from a land rich of culture,there is traditional african dance to entertain guests in various occasions.
My kid is called Beryl,she wants to be a nurse when she grows up.I always encourage her to work hard so as to achieve his goals.
I love traditional African dance,I always dance and sing during my free time.
My Business
I am a commercial farmer ,I grow horticulture for sale to my villagers and and friends.I always irrigate my farm during dry seasons ,when supply for vegetables is low so as to get premium prices for my goods.
The demand for my goods is always high because of growth in population and reduced arable land .Most urban families depend on farmers like me to supply them with vegetables.
I a month I use $150 for labor,pesticides , and farm machines.My revenues ranges from $300-$350 in a month.In a good month I make up to $250 in profit.
I use my money to take care of my elderly parents bills,my family bills as well as saving for expansion of my farm.
Loan Proposal
Dear lenders ,I wish to install a drip irrigation in my farm. these technology uses minimum water and is very convenient. Given that water is a scarce commodity installing drip irrigation would be the best solution to my farm.I wish to start by a pilot 0.5 acre plot , and will upscale later. I would use the loan to buy pipes and two tanks. Please support me so that I can achieve these dream.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$497.00
Date disbursed
May 18, 2015
Repayment status
Late
Projected term
3 months
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Summary
Amount repaid
$0.00
Amount remaining
$522.50
Expected completion
Aug 30, 2015
Status
Repaying late
Installment amount
$37.31
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 31, 2015 | $37.31 | ||
| Jun 7, 2015 | $37.31 | ||
| Jun 14, 2015 | $37.31 | ||
| Jun 21, 2015 | $37.31 | ||
| Jun 28, 2015 | $37.31 | ||
| Jul 5, 2015 | $37.31 | ||
| Jul 12, 2015 | $37.31 | ||
| Jul 19, 2015 | $37.31 | ||
| Jul 26, 2015 | $37.31 | ||
| Aug 2, 2015 | $37.31 | ||
| Aug 9, 2015 | $37.31 | ||
| Aug 16, 2015 | $37.31 | ||
| Aug 23, 2015 | $37.31 | ||
| Aug 30, 2015 | $37.46 | ||
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