Stock of maize to produce flour in my milling shop

0tieno

Kisumu, Kenya

66% repaid

Entrepreneur

Name

0tieno

Member since

February 2015

On-time repayments

22 installments  •  68%

About Me

I am 22 years old student and in business.I have done the business for about 1 year now.I go for my part time classes at Kisumu polytechnic where I study sale and marketing.The unique thing about the land and culture where i live is that the land is fertile and there is alot of fish from the lake. My hobbies are reading and making friends.

My Business

I offer milling services at my poshomill based in Kisumu manyatta estate where I sell maize and do milling. Why customers prefer my shop is that i offer affordable milling prices within the market and i offer quality and affordable goods compared to others. At the moment, the problem am facing is lack of enough maize stock now that there is drought. I would like to buy more maize in stock for my customers. I make about 300 US Dollars per month. With a loan from Zidisha am able to raise more money from sales of my increased stock hence leaving me with good profit to save and repay the Zidisha loan if am granted.

Loan Proposal

I offer milling services at my poshomill based in Kisumu manyatta estate where I sell maize and do milling .i also offer sales of maize flour. Why customers prefer my shop is that i offer affordable milling prices within the market and i offer quality and affordable goods compared to others and I also open early by 6.30 am and close late at 10.00pm . At the moment, the problem am facing is lack of enough capital to purchase maize stock now that the prices have gone up. I would like to buy more maize in stock for my customers. After my first loan I now make about 460 US Dollars per month. With my second loan I intend to even stock my other cosmetic shop. With this loan from Zidisha am able to raise more money from sales of my increased stock hence leaving me with good profit to save and repay the Zidisha loan if am granted.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$201.00

Date disbursed

Apr 23, 2015

Repayment status

Late

Projected term

3 months

Other loans

Lenders

C

Christian

Saarbruecken, Germany

quozl

Dublin, Ireland

N

neumans7

Vienna, Austria

PC

Patrick Clavette

Hartford, Wisconsin, United States

Dean Cress

United States

Lou Kaucic

Sanbornton, NH, United States

DD

D Dissen

United States

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