Robert
Naivasha, Kenya
11% repaid
Name
Robert
Member since
August 2015
On-time repayments
105 installments • 9%
In a family of five siblings am the forth born and the only kid to have gone for a higher education past the secondary school. The child life was a difficult one and it was hard to access to the basic necessities but through hard work from my parents they was able to help us go to school and assisted as as they could. They relied on farming and before it was diversified to capture a bigger share in the economy they saved little or none but managed to let me through high school and university without the loan from the government.
With increased pressure from the agriculture sector it marked the beginning of good time and I was able to study as I participate with farming helping my parent pay for my fee.
farming has been of help and therefore i didn't stop and though it is a small scale i cater for my family needs and keep the little saving for investment.
Where I live is a community known for its business venture in any field of life and we are hardworking and opportunistic.
despite having a small family and the kids not well furnished about the future I would wish them have a succession of my hard work
I always try to make money even in the simplest ways and through the power connection and accessible internet i do online writing on a part time
agriculture is diverse and Agri-business which has taken shape in our country is my targeted goal. The climatic condition of Central Kenya is conducive and I take the agricultural produce to the market because food has a ready market at all times of the economic periods. This include the milk production, fresh food like kale, cabbages, and potatoes. Naivasha town is growing and the population is increasing rapidly I took this chance basing the important of farming in my education and then the opportunity of providing fresh produce. this kind of business is easy to maintain because having a steady supply of the product and having a targeted group will see me saving little income and expanding my market. my typical cost is transport because I transport the products from the area of source to the market and that is cost incurred. Also the rending cost add up but i try and outsource the market base and not to rely on a central location and therefore it becoming hard to pay. The profit I derive I try and save a small portion, add my market base.
With the remaining amount after the initial deduction of the membership fee, i will increase the shops stock worth $20. This will greatly help increase sales since the farm produces are in great demand in the area and the local farmers around will benefit because they will not go far to sell their farm produce because we will buy from them.
With the increase in sales, the shop will generate around $ 35 and this is only the start because with lots of cash to stock the shop, the profit will be way higher than this.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Sep 2, 2015
Repayment status
Late
Projected term
24 months
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