Farming vegetables; buying a water tank
Andrian
Butula, Kenya
100% repaid
Entrepreneur
Name
Andrian
Member since
January 2015
On-time repayments
27 installments • 48%
About Me
My name is Andrian wesonga, I am the fifth born in our family. I went to Ojamii primary school and later went to Bungoma high school. I later joined Moi University to study Agricultural Resource management.
I successfully completed my first year but could not go back to college for my second year of study because of lack of school fees,I went back home and started teaching as a untrained teacher in the nearby primary school, getting $30 in a month. Since I had to serve for my college fees, I had to find better things to do,that is when i decided to try my hand in horticulture farming. Armed with $100 I tilled a quarter acre of land,and planted tomatoes and capsicum. After 3 months I smiled my way to the bank to pay my school fees. I am currently in service continued third year university student.
I come from the Bukusu community ,we have diverse culture,including traditional male circumcision.During the season which happens after every two years,it is always fun ,dancing and singing. However this tradition is slowly dying because most elite parents prefer taking their children to hospital.
I am a like socializing,giving motivational speeches to my peers and watching soccer during my free time.
My Business
I am horticulture farmer specializing in vegetables crops. I grow assorted high value crops including capsicum,tomatoes ,pumpkins and kale's. I always do crop rotation and only plant crops I consider will be high in demand at particular season.
Vegetables are always very important in any society for their nutritive reasons . I choose this business because it was less capital intensive and had high returns.
My average costs in a month range from $60-$120 depending on the season and crop grown. my revenues average between $200-$500 in month.
I use 80% of my income for paying my school fees as well as paying school fees for my siblings. 10% for general family expenses and 10% for my savings.
Loan Proposal
I salute you all,I believe and hope you are doing well.As for me sky is the limit!!My business has greatly improved courtesy of the irrigation equipment you helped me buy.I am so grateful.
As I focus in farm expansion,I have two major things I would wish to execute as soon as possible. The first one is to expand my farm by another half an acre,I would use $100 to hire labor for clearance and tilling of the land. secondly I would need to get a 6000 liter capacity tank for storing water ,since I depend on borehole and tap water that disappear at times.These will keep my crops safe throughout the year.Thank you so much ,I appreciate your efforts towards shaping my future and that of many others.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$195.00
Date disbursed
Apr 4, 2015
Repayment status
On Time
Projected term
6 weeks
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Summary
Amount repaid
$205.84
Amount remaining
$0.00
Date repaid
May 16, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Apr 12, 2015 | $34.30 | Apr 12, 2015 | $34.30 |
| Apr 19, 2015 | $34.30 | Apr 20, 2015 | $34.30 |
| Apr 26, 2015 | $34.30 | May 3, 2015 | $34.30 |
| May 3, 2015 | $34.30 | May 3, 2015 | $1.26 |
| May 12, 2015 | $33.04 | ||
| May 10, 2015 | $34.30 | May 12, 2015 | $2.51 |
| May 12, 2015 | $31.79 | ||
| May 17, 2015 | $34.34 | May 12, 2015 | $4.32 |
| May 16, 2015 | $30.02 | ||
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