Name
John
Member since
July 2017
On-time repayments
102 installments • 25%
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.
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.
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.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$167.00
Date disbursed
Mar 31, 2018
Repayment status
Late
Projected term
19 months
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