Entrepreneur

About Me

Iam a young man of 46 years old. i come from a village named Bahati Nakuru county, Riftvalley province. Iam married with three kids aged 18, 11 and 1 years old respectively.
I have 2 acres of land which I plant maize n peas. 1/4 acre is for home compound,3/4 acre I'd for maize and 1 acre is for peas. I a get at least kshs150,000 anually form peas and ksh 70000 from maize.

My Business

Iam a cash crop farmer. I have a good experience in that. i inherited two acres of land from my father.He inherited me this because he saw the high interest that i had on farm. I sell my peas to the local market and maize I sell it to local millers for flour. I find it wise for me to hire another another acre of land and plant peas so that i can increase my income.
Here is my business expenses and how i will use the loan money;
Hiring the land kshs 8000
Buying peas seeds kshs 8000
Cultivating the land kshs 4000
Buying fertilizer kshs5000
Buying pestsides kshs7000
Labour kshs 6000 and a miscellaneous of kshs 7000
If offered a loan of kshs. 45,000 and to be repaired within one year i will be a happy farmer.

Loan Proposal

He are my business expenses and how i will use the loan money; buy 200 broiler chicks for 13,200, feed for four months i require seven bags each bag is 2000 totalling to 14,000, vaccines for newcastle, gumboro and other diseases 2000,labor 10000.
if loaned kshs. 40,000 and to be repaired within one year i will be a happy farmer.

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