Entrepreneur
Name
Nyangasa
Member since
September 2017
On-time repayments
18 installments • 50%
About Me
I stayed with my parents in the rest of my childhood,and studied up to secondary level.I overcome the hardship through hardworking also my relatives helps me a lot.This due to availability of land this helps me to start maize farming.The unique culture is our daily food preferred by the community,we make ugali from maize flour.They want to study and be doctors.The hobby I preferred was playing football.
My Business
I want to provide community around with maize ,the majority prefer maize as their daily food and also the hotels around lacks enough maize in their store.I chose this business because of availability of land.In a good season I can produce 12 sacks which sums to1080kg while in market one kilogram goes for 1 dollar.The business is perfect but I lack enough capital to facilitate all this services.I take 70% of the profit to help my kids for their studies and other demands.
Loan Proposal
I will use the first disbursement to buy fertilizer .
One kilogram of fertilizer cost one dollar
This will create job opportunities to some of the people around through payment after weeding proces,It will also generate income.I expect my profit to increase by 20%.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$51.00
Date disbursed
Sep 19, 2017
Repayment status
On Time
Projected term
6 weeks
Other loans
Ask Nyangasa a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.