He is applying for a loan of 47,100 Kenya shillings to purchase beehives and pay for the colonization of his hives. He believes this will be a fruitful investment to supplement his income. The extra income from this loan will go toward supplying the needs of the family and also repaying the loan.
More information about this loan
This loan is offered by Milango in partnership with Honey Care Africa to finance the purchase of beehives. Small-scale farmers who take out these loans will receive them in-kind in the form of Honey Care Africa beehives. That organization also provides farmers with training in commercial beekeeping and buys their honey at a guaranteed price to package and sell. Farmers can repay their loans with the proceeds made from selling the honey and continue to generate consistent, reliable income.
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Success!! The loan was 100% repaid