Elizabeth

Karunga,nakuru County, Kenya

72% repaid

Entrepreneur

Name

Elizabeth

Member since

April 2012

On-time repayments

12 installments  •  33%

About Me

Am married with three children.All school going one at polytechnic,second at the last at primary school.With the help of my husband and through the farming we manage to give them a quality education. I do farming as my business where i keep cow, sheep and farm maize I do farming as my business where i keep cow, sheep and farm maize

My Business

I specialize in farming of maize,cows,sheep and in poultry on my piece of land which is 6acres.
Annually the maize production estimates at 100 bags selling at 3000 per bag which gives me about 300000,through the sale of milk the two cows produces about 15 litres a day in a month making 4500 litres it gives me about 162000 a litre selling at 30.After the deduction of maize expenses of fertilizer,seeds,ploughing and transportation which totals to at least 53000 and that of cattle for ticks spray,feeds and at times when am busy with home chores i hire somebodyb to sell for me at the market all totals to approximately 20000 after the total deduction am left with a bout 389000 this helps me to budget for the year i.e my pay,school fees,entertainment and the rest i wait for the next season .

Loan Proposal

I specialize in farming of maize,cows,sheep and in poultry on my piece of land which is 6acres.
Annually the maize production estimates at 100 bags selling at 3000 per bag which gives me about 300000,through the sale of milk the two cows produces about 15 litres a day in a month making 4500 litres it gives me about 162000 a litre selling at 30.After the deduction of maize expenses of fertilizer,seeds,ploughing and transportation which totals to at least 53000 and that of cattle for ticks spray,feeds and at times when am busy with home chores i hire somebody to sell for me at the market all totals to approximately 20000 after the total deduction am left with a bout 389000 this helps me to budget for the year i.e my pay,school fees,entertainment and the rest i wait for the next season .Now as we approaching new year and in readiness for planting i will utilize the money in the preparation of land for plantation.Thanks a lot for you approving me to be among your members

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$495.00

Date disbursed

Dec 19, 2012

Repayment status

Late

Projected term

12 months

Lenders

torelizer

Reggio Emilia, Italy

snapcore

--, United States

Tilius

Oslo, Norway

S

stroll

Stockholm, Sweden

Andrea

Bergamo, Italy

Sundstroms

Falun, Sweden

Creole1

Mobile, Alabama, United States

P

planespotter

Berlin, Germany

C

cravioli

geneva, Switzerland

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  • Tilius    Jan 14, 2014

    Your business idea was fine, and you started out well with the payments. But I guess things have been rougher for you?

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