Entrepreneur
Name
John
Member since
June 2014
On-time repayments
156 installments • 67%
About Me
I am John A Otieno a commercial farmer in Angorom village,Teso south ,Busia county Western Kenya. I hold Bsc.Agricultural Economics degree from Egerton University.I had passion in farming and that is why decided to settle in commercial farming as a revenue generating venture.
From the earnings i have been able to expand my farm from 0.5 acres to 6 acre and I have a dream of making it 10 acres in the next two years. I am also planning to diversify into other ventures like poultry and mushroom farming.I am challenging other graduates to join agribusiness since its an equal opportunity employer and can help reduce poverty levels in the community.
My Business
I am commercial farmer farmer,currently engaged in dairy farming and production of high end horticultural value chains including,kale's,capsicum (green ,red and yellow), cabbages and cereals majorly millet production.The demand is quite impressive and rarely do i get surpluses in the farm,I grow my crops in open field and use money maker pumps from kick-start for irrigation I also have one small greenhouse and another big one ( I bought with zidisha loan)that i use for tomato production.Most clients prefer my products because they are high quality and fresh,they are also fairly priced.This gives me a competitive edge against my competitors.
I am also a dairy farmer and keep 3 jersey cattle for milk production. I get 70 liter of milk per day and use it for yoghurt production and supply 30 liters daily to a nearby hospital and 10 litre to an orphange.
my monthly revenues average is$1200. I use $400 as cost of production and make profits of $800 in a month.
I use my income to support my family,pay my masters fee.and I supply milk and vegetables to a nearby orphanage for free so that the kids in the orphanage can also feel good and well taken care of.
Loan Proposal
I am John Otieno,from Teso North,Busia county western Kenya,a commercial farmer,doing high end horticultural crops,millet,indigenous cattle and planning to venture into poultry farming. I am planning to build a poultry unit using cheap locally available materials ,but getting money for iron sheets for the structure is a hurdle and that is why i need the money to finance the project.Currently I am supplying Kale's (sukuma wiki) to a poultry farm used for feeding poultry in exchange for 200 two weeks old chicks in September 2014. So should willing lenders get me the funds my poultry unit will be ready on time for my chicks. Lenders should support me so that i can achieve my goals as per my business plan.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Aug 5, 2014
Repayment status
On Time
Projected term
5 weeks
Lenders
Hong Kong, Hong Kong
Republic of Korea
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