Agribusiness

Rebecca

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Rebecca

Member since

May 2017

On-time repayments

197 installments  •  62%

About Me

am the last of eleven children, coming from a big family has been quite a struggle for my parents to make ends meet and ensure we got an education and we were fed and clothed and thanks to their resilience we all are able to stand on our feet as grown up. I recognize their sacrifice and struggle and I am grateful to them for that.

My Business

am the last of eleven children, Currently I work as an administrative assistant, a job that pays the bill but barely, that is why I am getting into the farming business. I am currently in the process of buying land and a green house which will be set up on the land and from it I will be making an income that I will use to supplement what I earn to help myself, my family to get better lives. 
The green house project will also provide employment to those who will be working in it and food that will be sold to other, I feel in some way I not only better my life but of others.

The project costs $6000 but after I am done paying for it they will be my property, and I don't have to buy another green house for ten years while I use it to grow crops.

I would like to express my gratitude for your assistance and support.

Loan Proposal

I would like to invest in land and set up a green house on the land to grow capsicum in rotation with tomatoes and other items.
Rebecca Midevelesha Esere
I am the last of 11children quite a handful for my mum and dad I suppose but thanks to them and their patience we are all grown and healthy.
I started off working at age 17 to support myself and my elder brother working as a pharmacy assistant
earning $50 per month, that was to cover rent, food and pay my fee for computer classes, it was a struggle, but by Gods grace we somehow survived we never went hungry or lacked a roof over our heads.
without any professional qualification its almost impossible to get work in Kenya,and with qualifications its still difficult, but even when you have work it barely covers your living expenses. It makes more sense to go into business as you not only provide for yourself but also create jobs for others. That is the reason I would like to go into agribusiness not only to make a living but it will create jobs, and provide food for several people, at least in a small way I will be contributing towards helping with food security problem. In addition everywhere on earth I personally think the most important commodity for every human is food, so I have confidence that it is a business that will succeed.
The whole cost of investment is 600USD paid in installments of course but that is to obtain land and build a green house but the returns will amount to more than USD500 profit each year, with prospects of improvement.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$8.00

Date disbursed

Aug 9, 2017

Repayment status

On Time

Projected term

8 weeks

Lenders

MarktheMormon

Sandy, Utah, United States

KJ

Karin Joy

Philadelphia, PA, USA, United States

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Summary

Amount repaid

$7.78

Amount remaining

$0.00

Date repaid

Aug 24, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Aug 22, 2017 $0.99 Aug 23, 2017 $0.99
Aug 29, 2017 $0.99 Aug 23, 2017 $0.99
Sep 5, 2017 $0.99 Aug 24, 2017 $0.99
Sep 12, 2017 $0.99 Aug 24, 2017 $0.99
Sep 19, 2017 $0.99 Aug 24, 2017 $0.99
Sep 26, 2017 $0.99 Aug 24, 2017 $0.99
Oct 3, 2017 $0.99 Aug 24, 2017 $0.99
Oct 10, 2017 $0.87 Aug 24, 2017 $0.87

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