Increase land acrearage for planting cabbages and tomatoes

Jepkurui

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Jepkurui

Member since

August 2016

On-time repayments

92 installments  •  32%

About Me

My names are Jepkurui Kibet. currently living in Kabarak Farm. Am twenty six years of age. I am the fifth born in a family of six siblings living with a single parent, my mother. We are three sisters and two brothers both my two sisters are married. My mother is not employed on a basic salary but she attends to her farm in order to make a living out of it. I Completed my primary education in Kabarak primary school in Rongai County which is my ancestral home. After my primary studies I joined Njoro girls high school, after that I joined the Kenya institute of applied sciences to persue a diploma in applied science. I moved to Nakuru thereafter in order to find myself a job which I didn’t and decided to start farming business.

My Business

My farming business deals with planting of Tomatoes and vegetables. My business is situated in kabarak farm along kabarnet road, which I can say is a strategic location for my business as many people from the area and nearby kabarak university prefer fresh tomatoes and vegetables from the farm. ,as the price is favorable. I have been in the business for the past one and half year, the sell earn me a profit of Ksh 300per week . I started it with a capital of ksh 10,000 thousand shillings, which has increased as my output has continuously expanded. My biggest challenge being expand the piece of land for production and insect pest during rainy season. With your assistance I would increase my farm and also multiply my sales as I see great income in the coming future.

Loan Proposal

I will increase the farm to about by 2.5 acre at ksh 5000/, buy fertilizes and also buy seeds and insecticides of ksh3000/ and 2500/ of preparation and hire some people to help in the farm. to transport goods to my grocery and expand the building of grocery because of more goods .The benefits are more because more products and high quality product . My expectations profits is to increase thrice or four times of the loan given.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Aug 26, 2016

Repayment status

On Time

Projected term

2 months

Lenders

The Zinc Team

San Francisco, United States

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