Purchase top dressing fertiliser for my maize plantation

Mary

Sosit Village, Kenya

10% repaid

Entrepreneur

Name

Mary

Member since

December 2016

On-time repayments

11 installments  •  9%

About Me

Iam a teacher.I teach lower classes at Sosit primary.My father and mother separated a long time ago.Due to vulnerability my mother got married to another woman opot mwolomet.Throughout she has been picking green tea to earn a living.All of us kids are six and iam the fifth born.Well wishers assisted me in schooling up to secondary school.After that i also picked tea then began growing horticultural crops to get funds to join a teachers training college.I used the farm proceeds to pay for my college education.Today i still do farm work as a side hustle.I love to farm.I have one child in class three.He wants to be a teacher when he grows up just like me.My hobby is to do farming and visit with friends or relatives.

My Business

I have two acre piece of land under a maize crop.I do this kind of work other than teaching to get extra money to meet my financial needs including paying fees for my son.Maize is a staple food in my region it has a ready market.Its also not perishable you can store it and do speculation of prices.My typical costs for the two acres is KES 25,000/=.i estimate to get 50 bags in due season which i will sell at an estimated price of KES 2,300/= per bag.If all remains constant i will make a profit of KES 80,000/=.

Loan Proposal

I want to buy two bags of 10 kg each of top dressing fertilizer .The cost of each bag is $18.For two bags is $ 36.I plan to buy a piece of land with the profits to settle on with my son as iam single.This fertiliser will improve production of the crop thus i will harvest more produce.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$11.00

Date disbursed

Dec 14, 2016

Repayment status

Late

Projected term

2 months

Lenders

Hans Moor

Vorden, Netherlands

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  • Kiplangat    Jan 13, 2017

    hi Mary! consider rescheduling your loan repayment to pay even as low as ksh.50 per week in order to maintain your on time repayment and qualify for a higher loan.

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  • Mary    Dec 12, 2016

    I want to buy two bags of 10 kg each of top dressing fertilizer .The cost of each bag is $18.For two bags is $ 36.I plan to buy a piece of land with the profits to settle on with my son as iam single.This fertiliser will improve production of the crop thus i will harvest more produce.thank you lenders for giving me your a loan i requested for.

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