Maize farming

Nyangasa

Siaya, Kenya

100% repaid

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

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Loan Info

Project Type

Classic Loan

Disbursed amount

$51.00

Date disbursed

Sep 19, 2017

Repayment status

On Time

Projected term

6 weeks

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$50.57

Amount remaining

$0.00

Date repaid

Nov 2, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Sep 29, 2017 $9.91 Oct 3, 2017 $9.91
Oct 6, 2017 $9.91 Oct 6, 2017 $9.91
Oct 13, 2017 $9.91 Oct 12, 2017 $9.91
Oct 20, 2017 $9.91 Nov 2, 2017 $9.91
Oct 27, 2017 $9.91 Nov 2, 2017 $9.91
Nov 3, 2017 $1.04 Nov 2, 2017 $1.04

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