Tomatoes,onions and corn for my grocery

Josephine

Bungoma Town, Kenya

Funds disbursed

$0 to go

100% funded of $200 goal

0

days left

Entrepreneur

Name

Josephine

Member since

September 2015

On-time repayments

53 installments  •  0%

About Me

My names are Jospehine Amakobe, and I am a Luhya from the Western Province. I have been a farmer since I was a child, growing up with my parents in Busia District. I am also a singer in my church and I have liked singing since I was young. I grew up in the fields of the flood-prone Budalangi area, where we moved each year at the time of the floods because of perennial occurrences that caused us to hardly settle, until my parents moved from there to Busia, then I got married.

I went to primary school but did not finish nor join high school, and so I ended up getting simple tuition from a teacher who saw my potential. This enabled me to know how to read and write and even got me scholarships to study farming in a local science and technology institute. I have four children and I am heavily engaged in farming and I love my family above everything else.

My Business

I buy tomatoes at around $0.05 USD and resell the same at $0.50. I also buy 4 onion packs at $0.04 and sell these at $0.50 for each tie of 4 onions. I buy corn worth $50 per sack (I buy 4 sacks every 2 weeks) and sell each sack at $60, making a profit of $10 per sack.

My husband and I managed to buy the 1/2 acre land we live on using the money we have earned from this business. We make around $100 to $180 every two weeks in profits, and we always put aside some money towards engaging in greenhouse farming by March of next year.

Loan Proposal

I will buy tomatoes at around 0.05$ and resell the same at 0.5 $.I will buy 4 onion packs at 0.04$ and sell these at 0.50$ for each tie of 4 onions. I will buy maize/corn worth 50$ per sack,i will buy three sacks and sell each sack at 60$ ,making a profit of 10$ per sack.

Show original English  

About Me

My names are Jospehine Amakobe,and i am a luhya from Western province.I have been a farmer since i was a child and growing up with my parents in Busia district.I am also a singer in my church and like singing since i was young.I grew up in the fileds of the flood prone Budalangi area where we moved each year at the time of floods because of perennial occurences that caused us to hardly settle until my parents moved from there to Busia then i got married.I went to primary school but did not finish nor join high school and so i ended up getting simple tuition from a teacher who saw my potential.This enabled me to know how to read and write and even got me scholarships to study farming in a local science and technology institute. I have four children and i am heavily engaged in farming and love my family above everything else.

My Business

I buy tomatoes at around 0.05$ and resell the same at 0.5 $.I also buy 4 onion packs at 0.04$ and sell these at 0.50$ for each tie of 4 onions. I buy corn worth 50$ per sack (i buy 4 sacks every 2 weeks) and sell each sack at 60$ ,making a profit of 10$ per sack. My husband and i managed to buy the 1/2 acre land we live on using the money we have earned from this business.We make around 100 to 180$ every two weeks in profits and always put aside some money towards engaging in greenhouse farming by next year March.

Loan Proposal

I will buy tomatoes at around 0.05$ and resell the same at 0.5 $.I will buy 4 onion packs at 0.04$ and sell these at 0.50$ for each tie of 4 onions. I will buy maize/corn worth 50$ per sack,i will buy three sacks and sell each sack at 60$ ,making a profit of 10$ per sack.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Nov 23, 2015

Repayment status

Late

Projected term

12 months

Lenders

P

Prysdahl

Marshall, United States

M

mbarbier

United States

Roy

Espoo, Finland

Lou Kaucic

Sanbornton, NH, United States

V

Vivek

Arlington, VA, United States

PG

Paul Graham

United States

Madeleine

Switzerland

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Summary

Amount repaid

$0.00

Amount remaining

$210.23

Expected completion

Dec 4, 2016

Status

Repaying late

Installment amount

$4.00

Repayment History

Expected Payments Actual Payments
Dec 6, 2015 $4.00
Dec 13, 2015 $4.00
Dec 20, 2015 $4.00
Dec 27, 2015 $4.00
Jan 3, 2016 $4.00
Jan 10, 2016 $4.00
Jan 17, 2016 $4.00
Jan 24, 2016 $4.00
Jan 31, 2016 $4.00
Feb 7, 2016 $4.00
Feb 14, 2016 $4.00
Feb 21, 2016 $4.00
Feb 28, 2016 $4.00
Mar 6, 2016 $4.00
Mar 13, 2016 $4.00
Mar 20, 2016 $4.00
Mar 27, 2016 $4.00
Apr 3, 2016 $4.00
Apr 10, 2016 $4.00
Apr 17, 2016 $4.00
Apr 24, 2016 $4.00
May 1, 2016 $4.00
May 8, 2016 $4.00
May 15, 2016 $4.00
May 22, 2016 $4.00
May 29, 2016 $4.00
Jun 5, 2016 $4.00
Jun 12, 2016 $4.00
Jun 19, 2016 $4.00
Jun 26, 2016 $4.00
Jul 3, 2016 $4.00
Jul 10, 2016 $4.00
Jul 17, 2016 $4.00
Jul 24, 2016 $4.00
Jul 31, 2016 $4.00
Aug 7, 2016 $4.00
Aug 14, 2016 $4.00
Aug 21, 2016 $4.00
Aug 28, 2016 $4.00
Sep 4, 2016 $4.00
Sep 11, 2016 $4.00
Sep 18, 2016 $4.00
Sep 25, 2016 $4.00
Oct 2, 2016 $4.00
Oct 9, 2016 $4.00
Oct 16, 2016 $4.00
Oct 23, 2016 $4.00
Oct 30, 2016 $4.00
Nov 6, 2016 $4.00
Nov 13, 2016 $4.00
Nov 20, 2016 $4.00
Nov 27, 2016 $4.00
Dec 4, 2016 $2.23

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