Arithi
Nairobi, Kenya
$0 to go
100% funded of $16 goal
0
days left
Name
Arithi
Member since
May 2020
On-time repayments
1 installment • 0%
Hello, I am Lawrence arithi a 42 yr old single dad, I graduated from the University of Nairobi and currently living with my two children. I plan to start farming business after my business was affected with the ongoing corona virus pandemic.
My initial plan was to start a dairy farm but this was expensive to start and manage so I had to abandon that business plan and adopt a new one; Agribusiness.
with money from savings and what I earned after closing my previous business I managed to lease two acres of land and bought vegetable seedlings which are now doing well in the nursery bed, I plan to purchase fertilizer and hire people to help in planting the Vegatables. demand for vegetables is high and I believe the business will boom.
I have Vegatables in my nursery bed which I plan to plant.
with the loan i will hire personnel that will help in transplanting the Vegatables.
Money from selling of vegetables will cater for the loan and managing the farm. I will also use money from side business to cater for farming.
Positive
None
Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$16.00
Date disbursed
Aug 15, 2020
Repayment status
Late
Projected term
1 week
Amount repaid
$0.00
Amount remaining
$16.34
Expected completion
Aug 24, 2020
Status
Repaying late
Installment amount
$16.34
Expected Payments | Actual Payments | ||
---|---|---|---|
Aug 24, 2020 | $16.34 |
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