Maize farming

Nyangasa

Siaya, Kenya

Funds disbursed

$0 to go

100% funded of $94 goal

0

days left

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

According to my plan I will buy five packets maize costing 25 dollars and a fivety kilograms of fertilizer costing 55 dollars and spendten dollars in ploughing my farm.This will create job to the community since I require some to help me in managing the farm by paying them,it will boost my target since i'll expand my maize grocery. My profit will increase by 40% according to my plan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$94.00

Date disbursed

Jan 12, 2018

Repayment status

Late

Projected term

6 weeks

Lenders

WV

Wouter van Buizen

Amsterdam, Netherlands

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