Entrepreneur

About Me

My name is Michael Mutuiri and I am married with one child. I reside in Muchina Farm near Kabatini trading Centre six (6) kilometers from Nakuru/Nyahururu –Nyeri at a junction called Maili Sita, identifiable land marks at Maili Sita the highway is Kiamaina Sec. School, St. Michael Catholic church, JC trading centre towards Ndunduri forest through Kabatini centre. Past Kabatini centre heading to the forest there is a saw mill (Currently not in use) from there, anybody that you ask or any home that you enter you will be directly to my home.

My Business

I practice Agribusiness near Kabatini trading centre at Muchina farm. I grow tomatoes, kales, cabbages and maize on a one and a half (1.5 acres) piece of land. Except maize which I have planted on three quarter (0.75 acres) of land, the other crops I have planted on a quarter of an acre (0.25 acre) respectively .From kales, I earn about ksh 4, 000 on average per week amounting to ksh 16,000 per month. On tomatoes farming, I earn about ksh 50,000 per season where I plant two seasons in a year. A season takes duration of 6 months. From cabbage planting, I usually plant 15,000 pieces hence they are fully grown sell them at an average price of ksh 20.like tomatoes, cabbages are grown in two seasons a year where for the two seasons I plant 30,000 pieces selling them at ksh 20 brings returns of ksh 600,000 in a good year. More also, I am a daily farmer where I earn on average ksh 17,000 on a monthly basis. The gross total annuals of all my businesses is ksh 1,096,000.From here, I am able to pay my bills, carter for my needs and my family.
Since my mother is not financially stable, I and my elder sister have since assisted in school fees payment of our two younger brothers’s, one who completed high school last year and another who is in his third year at a local university.

Loan Proposal

First is to register my appreciation and on an acknowledgement note in lending me my first loan with you.The loan has really helped by boosting my income level and morale in attending to my daily chores and business.Currently, I planted tomatoes on a half an acre piece of land. It is one and half month since I planted and for now we have done the first weeding.The weather have since changed as from last week whereby its unfavourable for tomatoes.If you give me the second loan, I will be able to buy Pencozeb(drugs against cold weather to the crop),insecticides for the whole season all at approximately ksh 10,000 ; labour for the next weeding and and finally molding.Approximately ksh 23,000 will be suffient for tomatoes project while as my other projects;kales and boda boda opperations to sustain me,my family and servicing the loan when you zidisha family grant me.

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