Agribusiness loan

Erick

Kakamega, Kenya

100% repaid

Entrepreneur

Name

Erick

Member since

October 2018

On-time repayments

4 installments  •  50%

About Me

My name is Erick Lumbasi Nyongesa, a father for two boys Aged fifteen years and thirteen years. Professionally I am a paraveterinarian with a passion in value addition to farm produce,and all other farming related activities like chicken rabbits and fruit trees.

My Business

My main bussiness at the moment is buying farm produce from main farmers for resale on retail basis to the retail markets at a profit.
Currently buying onions and water melons.
With the help and akills aquired from the ZIDISHA FAMILY,I now also upgraded and started a rabbitry at the moment I have thirty five rabbits, hopefully to scale up at the end of the year to around one hundred new young ones.

Loan Proposal

The loan will be used to buy onions from farmers who have harvested at farmgate price for retail reselling on the retail markets, the onions are bought at $ 0.40 for resell at $1.00

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1.00

Date disbursed

Oct 30, 2018

Repayment status

On Time

Projected term

1 week

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$0.12

Amount remaining

$0.00

Date repaid

Nov 2, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Nov 10, 2018 $0.12 Nov 2, 2018 $0.12

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