Entrepreneur
Name
Stephen
Member since
March 2017
On-time repayments
107 installments • 22%
About Me
I am a resident of Eldoret, the city of champions , born in the year 1988 at a place called Turbo, i grew up during my tender age at that village. I managed to access education at Umoja Primary school in before joining Kapsoya shcool.
we owned a very large piece of land at home and having the background knowledge in Agriculture from my high school moments, i used the piece of land to plant kale and sale to the market place.
I lost my father after completing secondary school adn this denied me the opportunity to join the university because my mother could not be able to pay my school fees.
My Business
i do farming in eldoret, small scale farming where i plant food crops and sale to the local residence of the area.
These services are very useful and important because they are the most basic need that we need to survive. It is food to our body this increases the demand.
i chose this business because of availability of resources. I had a piece of land and the inputs could easily be accessed from our cows dungs.
i use the m0ney that i make to support my family, my mother is currently in her late 50s and she rarely works so i have taken the responsibility of providing food to her and my young ones. I also grow my farming business by buying inputs so that i can increase my income and the quantity of my produce.
Loan Proposal
Given the loan, i will buy a spraying machine for my crops. The machine will cost me 55 us dollars, granted a loan of 19 us dollars, i will add the remaining amount and buy the spraying machine.
it will create a lot of benefits to my crops because they will be controlled from pests and diseases and on the other benefit me because the yields will definitely go high.
I expect a 40% raise in my income ones i buy the machine for controlling the pests which has for quite some time been a great challenge to my crops
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Loan Info
Project Type
Classic Loan
Disbursed amount
$20.00
Date disbursed
Mar 20, 2017
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
United States
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