Tea farming to support my grandchild's education

Angelica

Embu, Kanja, Kenya

4% repaid

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Entrepreneur

Name

Angelica

Member since

February 2015

On-time repayments

150 installments • 2%

About Me

I am a mother of five children. I did not get higher education, although I would love to see my children and grandchildren study to the university. My husband passed on two years ago after a fight with cancer and his departure left my family in a bad financial situation because he was the breadwinner. Also, a lot of money was spent in hospital. Earlier, I also lost my eldest son who had studied at the university. I was therefore left to look after his children, who are my grandchildren. I earn my living through farming, which is the main source of income in my area (which is a rural area).

My Business

Tea farming is my main business or source of income. The success of tea farming as a business depends so much on managing workers and the tea stems. Other than labour and fertilizers, there are no major costs for this activity. I get a net annual income of about 250,000 KES (approx. US$2,700). KTDA offers us some bags of fertilizers, but they are not adequate to support my entire tea plantation.

Loan Proposal

I will use the loan to purchase 10 baskets that are normally used to put tea when one is plucking tea. These will cost KES 3000 (US$34). I will use KES 4000 (US$44) to pay workers so that I am able to pay them immediately after they pluck tea. Asking them to wait till money is released by our market has proven to be costly because the workers often refuse to pluck until they are paid. I will use the remaining KES 2000 (US$22) to buy food in bulk for the workers.

Show original English

About Me

I am a mother of five children.I did not get higher education although I would love to see my children and grandchildren study to the university.My husband passed on two years ago after a fight with cancer and his departure left my family in a bad financial situation because he was the breadwinner. Also, a lot of money was spent in hospital. Earlier, I also lost my eldest son who had studied to the university.I was therefore left to look after his children, who is my grandchild.I earn my living through farming, which is the main source of income in my area (which is a rural area).

My Business

Tea farming is my main business or source of income.The success of tea farming as a business depends so much on managing workers and the tea stems.Other than labour and fertilizers, there are no major costs for this activity.I get a net annual income of about 250,000 KES (approx. US$2,700). KTDA offers us some bags of fertilizers but which are not adequate to support my entire tea plantation.

Loan Proposal

I will use the loan to purchase 10 baskets that are normally used to put tea when one is plucking tea. These will cost KES 3000 (US$34). I will use KES 4000 (US$44) to pay workers so that I am able to them immediately after they pluck tea. Asking them to wait till money is released by our market has proven to be costly because the workers often refuse to pluck until they are paid. I will use the remaining KES 2000 (US$22) to buy food in bulk for the workers.