Farm inventory

Maurilyne

Usain Gishu, Kenya

100% repaid

Entrepreneur

Name

Maurilyne

Member since

July 2018

On-time repayments

10 installments  •  30%

About Me

I am a young, small scale farmer working on crop production and livestock. starting of the enterprise, arose from the need and passion to look after cows and provide feed for them adequately.The low employment rate in our country also pushed me further to the venture, to provide a source of income for my personal expenses. this however needs constant reinvestment of most of the income to sustain the business in its infancy stage.

My Business

my business entails sales of grocery and milk . to sustain my livelihood and that of my animals, including machinery maintenance.in order to improve my income, I need to improve on my production scale. this is made possible by the acquiring of a small farm tractor that has greatly improved efficiency on the farm while reducing production costs. some of the income I seasonally generate from hiring the tractor to work for other farmers within my area. this ensures there is constant working capital flow in the enterprise. on average I have a nett income of 25000 monthly.

Loan Proposal

I will use the loan to purchase more seeds and insecticides for the corps that I will plant and the ones I currently have....most of all I will it to boost my small business farm to produce and provide for a wider ranger of my customers.will buy CAN to push the produce to yeild more and still manage the crop at its best...the farm at its optimization will be able to feed majority of the people in my estate...in hand with that it will enable for my tractor to manage and get more returns hence build on more capital to run the farm....we a small scale farm that has the potential to grow into a large scale farm...using zidisha loan branch we will be able to achieve our optimum.lack of funds and capital has inhibit us not to grow to our full potential thus the loan request.would aslo love to venture into dairy farming cause we own a couple of sheep and one cow...this will lead to a more productive farm where all you want is under one roof.(a one stop shop)the kind of farm that provides and carter's for all the essential needs that a family wants and needs.due to this our demand for goods and products will rise up and the need to satisfy the customers wants and needs will grow massively.Good production leads to good happy customers.farming is more capital intensive than most businesses and without proper funding the farm will most likely not make it.a business oriented person needs all the support they can need to stay on board with the business... enterprises fall due to lack of funding.thats why am applying for a zidisha loan to stay afloat with my farming business and tractor machine...among the crops I grow(spinach, cabbage,Chinese cabbage, cauliflower,sukuma wikii,Dania, onions,managuu,kunde,hoho, chilli.etc.) would like to add; broccoli,red cabbage, potatoes,sweet potatoes, bananas etc.please assist a fellow ambitious youth

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$10.00

Date disbursed

Jul 24, 2018

Repayment status

On Time

Projected term

3 weeks

Lenders

Craig

Memphis, TN, United States

B

BSM

France

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Summary

Amount repaid

$10.00

Amount remaining

$0.00

Date repaid

Aug 9, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Aug 5, 2018 $3.34 Aug 9, 2018 $3.34
Aug 12, 2018 $3.34 Aug 9, 2018 $3.34
Aug 19, 2018 $3.32 Aug 9, 2018 $3.32

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