100%

funded

Total loan: $500

Chepngeno

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Bomet, Bomet County, Kenya / Food

Chepngeno's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!


A loan helped to buy cereals (lentils, cow-peas, maize, sorghum) from local farmers to sell at a profit in order to be able to meet the expenses of her family.


Chepngeno's story

Not only is Chepngeno very hardworking, but she is also determined to achieve and to pull herself out of poverty. Chepngeno keeps cows on her farm and has a small garden where she plants trees. She is a hard worker who cares for both her family and her farm. Through selling her farm produce, Chepngeno has gained access to many buyers in the market, and this makes her feel accomplished.

Chepngeno is also engaged in a small side-business because she wants to supplement the meagre income she has been getting out of farming. Chepngeno has been running a cereal business in her village, which she is thinking of expanding. She deems it necessary to run a bigger business, so that she can enjoy economies of scale. By selling in bulk, she will be able to provide a large market for the cereal farmers.

Chepngeno is seeking this loan so that she can buy more cereals for her business such as lentils, cowpeas, sorghum, wheat and millet.

This enterprising woman has a great idea, because selling in huge quantities would mean earning more profits. She will use the income generated from this investment to repay the loan and pay for the expenses of her family.

Chepngeno is very thankful in advance.