Name
Faith
Member since
February 2017
On-time repayments
39 installments • 56%
Am Faith Kangkwony, a fouth born in a family of seven children and a mother of two children.After my form four i was able to joint a village polythenic where i entrolled in dressmaking and school uniform,and now working in a nearby town center with a small shop that i had opened to start the business.After realizing that there was demand on the market of tomatoes and vegetables,i decided to start farming on agribusiness.
The first loan of 1500/ and my savings in the account will be used to purchase equipment slasher, Jembe and fertilizers for the farm. the other amount will be used for preparing the land and also enable me purchase tomatoes and vegetable seeds.
My business will deal with farming of tomatoesand vegetables and supplying them to market.
Loan Proposal
The money will help me add on some savings i make monthly and some from the supply of tomatoes to the various local market and schools.
the profit will also increase by more than 50% from last months. the loan shall be be to buy equipment, fertilizers and other to go to man power.
This loan and my monthly saving will make go smoothly in my business.
My first loan of 2000/= KES plus what i had saved in my account will be used to purchase equipment ie jembes and fertilizers for the farm. the remaining amount will be used for preparing the land and others ksh 1000KES will be to enable me purchase potato seeds.
My business will deal with farming of potatoes and supplying them to market .and hence its a lucrative market that needs to be explored.
Loan Proposal
This loan will boost my supply as am paid monthly for the various offices i do my supplies.
My profit margin will also increase by more than 45% from previous months since this loan will be used to purchase more equipment and also for increasing land acreage.
With the loan and what i get from my monthly salary ill be able to move smoothly through my business
Thank you again Zidisha community for your support
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$13.00
Date disbursed
Jun 16, 2018
Repayment status
Late
Projected term
5 weeks
Other loans
Amount repaid
$3.94
Amount remaining
$10.03
Expected completion
Jul 24, 2018
Status
Repaying late
Installment amount
$3.45
Expected Payments | Actual Payments | ||
---|---|---|---|
Jun 26, 2018 | $3.45 | Jun 26, 2018 | $0.99 |
Jun 26, 2018 | $0.99 | ||
Jun 26, 2018 | $0.99 | ||
Jun 26, 2018 | $0.49 | ||
Jul 3, 2018 | $3.45 | Jun 26, 2018 | $0.49 |
Jul 10, 2018 | $3.45 | ||
Jul 17, 2018 | $3.45 | ||
Jul 24, 2018 | $0.18 |
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