Entrepreneur
Name
Samuel
Member since
June 2015
On-time repayments
22 installments • 14%
About Me
I am a Diploma ICT graduate - Jomo Kenyatta University of Agriculture & Technology -2003 and currently and ICT & Physics teacher.
I run a small 2 Acre farm in Mbooni growing Mangoes & Watermelons to make extra income to support my 3 boys.
Mangoes & Watermelons do very well in this area and have been doing so for the last 3 years and would like to take this venture to the next level and become a solid supplier to the local market and eventually export.
Some of the mango varieties i grow are: Kent, Ngowe, Apple , Tommy Atkins and Boribo. These do very well under the warm climate at Mbooni and attract great demand in the market hence proper profits.
My Business
I sell each mango for $0.1 - 0.2 each which gives me about $197 based on my last sales early this year when i harvested. I would like to expand and plant more trees and add watermelons too.
Having this loan will enable me purchase the much needed pesticides to help increase my yields by approximately 30% of what i have been yielding.
Capital is needed to fund buying of farm implements including a
drip irrigation kit - USD 490
pesticides - USD 200
dam liners - USD 600
Loan Proposal
Purchase of Spray diazinon 60EC plus white oil for the mangoes approx. 10 - 13 USD/Kg.
This Spray will help me control the mango seed weevil that a threat to my mangoes and will help realize better yields.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jul 16, 2015
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
Norway
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