Calvince
Sare, Kenya
$0 to go
100% funded of $150 goal
0
days left
Name
Calvince
Member since
December 2015
On-time repayments
32 installments • 0%
I was born in a family of three children,being the eldest of all I joined primary school in 1996,after attending school for only 3 years my parents passed on in a tragic accident and so I had to cater for my siblings and myself,though during this time we were brought up by step parents and up to date I have a family of one child and finished my secondary education and I passed well in my education and that's the reason why I started this kind of business because there was no otherwise.
I overcame hardships through working both in firms and for individuals,I used to save part of my wages which later on accu!hosted to some reasonable amounts that enabled me to start a small farming business enterprise but because their is a time rain can came and destroy the crops but because of hope that I had the money that I used to save help me to overcome those challenges
The area where I am coming from is blessed with rich fertile soils that motivated me to start agriculture,in our family we were blessed with a big piece of land and the land has fertile soil and it is located just next to the river. And due to failure in my school their was no any business I was to do apart from this one of agriculture and by then I had know here to get food and that is how I came up with my own business
My child would like to be a chief executive officer of a big firm one day when he grows up and he wants to finished his secondary education first and after that he wants to be a chief executive officer of the farms.
My hobby is farming,in fact I like faming and when I wake up in the morning the first thing I I'm doing is just to go to the farm the I always go back to farm in the evening.
My business is based on cereals mainly maize,beans,rice,millet.the cereals I sell are of high demand especially due to the fact that maize is a staple food in a location where I come from
I chose this kind of business since I live in town where the population is high and so I was motivated by high demand since an increased population increases food demand
The profits I fetch from this business I use to pay for school fee for my children and part of it I use to improve on my business.the profit from this business I used to save and after saving It i used it to reinvestment in growing the business and home improvements,this kind of business I choose it because where I'm coming from is fertile ,due to good climatic condition favourable for the above mentioned cash crops i thought it wise to start producing such kind of food staffs to meet the increasing demand of the consumers ,and that's why I like these kind of business.the kind of goods and services I provide is maize, beans,sugarcane,millet,and sorghum.this good and services is useful to me because I even improve my home using these kind of business I used in providing for my family upkeep and also providing them their basic needs ,in addition am looking forward to increase the farming to a large scale production just like any other successful businesses.people always came to me to buy goods and services from me after that they give me money and I always save some amount of money for growing the business
I will use the loan to buy fertilizers especially urea and DAP for my crops,since crops like maize need top dressing for proper performances
From the loan requested I will benefit from it being that I will b able to buy fertilizers and so my crops will do better,and with quality products the community around will be happy to buy my products for their good health
The business profit will increase when the demand for the quality products I offer also increases in town,this will enable me to expand the business and with the expanded business the profit will definitely increase and boom
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Jan 10, 2016
Repayment status
Late
Projected term
7 months
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