Milk vendor

Ernest

Kinangop Subcounty, Kenya

Funds disbursed

$0 to go

100% funded of $11 goal

0

days left

Entrepreneur

Name

Ernest

Member since

August 2018

On-time repayments

4 installments  •  25%

About Me

i am a kenyan male aged 28 years. I am married to one wife with two children, a son and a daughter. I live in a two bedroom house in Nyandarua county, Kinangop subcounty. Have been educated to college level, where i studied computer applications, repairs and maintenance. Having come from a family of twelve and of very humbled background, i needed a job that would be fast paying to enable me help in raising my siblings. I opted for farming. However, the income have always been low, there's no ready market, so the middle men take advantage of the situation. But am now able to connect with the markets for the fresh produce.

My Business

My county can produce fresh produce e.g potatoes, cabbages, spinach, milk, carrots e.t.c all year round due to favourable climate. But there are parts of Kenya like the Ukambani region that's always dry. Am therefore able to buy these produce at better price, then transport to the markets where i sell at almost double the initial price. With funding, i can be able to increase the capacity of products, which will enable me offer employment to three more youths from the two i have. It will also increase my profits from 30$ to 50$ a week which i use in reinvestments of cattle farming.

Loan Proposal

i intend to contract a motorcycle rider, who will help me in collection if the fresh produce from farmers and bring them to the main road for transport to the market. This will offer employment to him or her, will also increase the capacity of the products bought from the farmers giving them ready market for their items. It will also ensure availability of the various products in the Ukambani region where the climate doesn't favour farming.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$11.00

Date disbursed

Aug 15, 2018

Repayment status

Late

Projected term

3 weeks

Other loans

Lenders

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