Maize farming

John

Kakamega, Kenya

9% repaid

Entrepreneur

Name

John

Member since

July 2017

On-time repayments

102 installments  •  25%

About Me

I was born in kakamega town, lurambi village in a family of five I being the third born. I went through lurambi primary school after which I joined kakamega high school for my secondary education. Later joined sigalaga institute and did a certificate of business management.

My Business

I ventured into business of fruit vending. I got the capital by selling a cow that my Dad gave me. I decided to start my own business as I never wanted to be employed by someone. I decided to sale my cow as it could take long to make profit.

Loan Proposal

I have five acres of land which iam in preparation in ploughing the land. Hence need to use the loan to buy maize seeds of ten kilograms two sacks. Since i do plant maize using DAP fertilizer will also use the loan to buy three sacks of fertilizer, this will cost a total of ksh10000 while farming labour will cost ksh7000 hence when i plant early my maize i will harvest thirty bags per one acre. At the market when i sell my harvest it will give me good profit of ksh500 per one maize sack of ninety kilograms. This will be great achievement in my project of maize farming.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$167.00

Date disbursed

Mar 31, 2018

Repayment status

Late

Projected term

19 months

Lenders

matt carroll

London, United Kingdom, United Kingdom

Mr Chris Turner

Cambridge forever England, United Kingdom

J

Netherlands

John

United States

BS

Brendan Scanlon

Troy, United States

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