Name
Mathew
Member since
April 2017
On-time repayments
5 installments • 60%
my name is Takai from Eldoret. I went to schools in the same town and completed my education at form four level at Uasin Gishu secondary school famously known as Ug high group of 2011.
I never joined college because my parents lacked the capabilities to support me in school, this never deterred me from working extra hard. We owned a small piece of land that was our home. I thought of using the available opportunity to make a living.
Therefore i started doing farming using Sacks and polythene bag. I use to fill the polythene bags with sand and plant kales and onions on those bags, this was economical to me because i could plant so many kales and onions on a very small piece of land.
i do small scale farming where i basically specialize in the sale of of onions and kales. This goods are useful because they are food to our bodies that sustains our living.
I chose this business because being and agriculture student in school, we had learnt that with the little land that you have, you can do agriculture and make a living. With my parent land i therefore thought of taking this project.
I have been saving most of my profits that i make from the business because i wish to lease a bigger farm where i can now do large scale farming
the loan will help me lease a farm for a period of one year at a cost of 70 us dollars, the loan will be added to my savings and lease the land.
I will benefit so much from the land because i can now be carrying out large scale farming. This will in turn increase my income and generally empower me economically. I expect after making the first harvest from this land to make a profit of 300 us dollars
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$7.00
Date disbursed
Apr 20, 2017
Repayment status
Late
Projected term
5 weeks
Amount repaid
$4.35
Amount remaining
$2.90
Expected completion
May 25, 2017
Status
Repaying late
Installment amount
$1.45
Expected Payments | Actual Payments | ||
---|---|---|---|
Apr 27, 2017 | $1.45 | Apr 25, 2017 | $1.45 |
May 4, 2017 | $1.45 | May 6, 2017 | $1.45 |
May 11, 2017 | $1.45 | May 14, 2017 | $1.45 |
May 18, 2017 | $1.45 | ||
May 25, 2017 | $1.45 |
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