Add sorghum and millet to my posho mill business

Kelvin

Nakuru, Kenya

11% repaid

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How it Works

Entrepreneur

Name

Kelvin

Member since

January 2015

On-time repayments

108 installments • 29%

About Me

My name is Kelvin Kiplah, i was brought up in a humble background at Nakuru Sachanguan village went to Mosonei primary ,longisa high school then later after working as an untrained teacher and as a small scale farmer and was able to raise fees to go to college.
After College i couldn't get a job and with the help of my parents i raised some capital and ventured into a posho mill business

My Business

My business is located in Kaptembwo Nakuru town,Kenya.I started operating my posho mill in the year 2013.I started my business with a capital of Ksh25,000.My business deals with grinding maize and millet and i sell it in grade 1 and 2. The business is licensed and issued with a single business permit(annual license) and it is located strategically close to my customers.In a day i can serve more than 100 different customers because maize floor is a staple food in Nakuru.
In a clean month i can make a net sales of ksh.40,000.After i add more stock of ksh.20,000,pay my business permit of ksh.360,pay my home rent and electricity bill.I am left with a clean Ksh.6,490,being a net profit.
In a way of the zidisha microfinance supporting my business,i will be able to make good sales and my profits will increase this will sustain my family living standards and also i will move to a permanent building and expand my business.Thank you Zidisha team

Loan Proposal

The first loan enabled me to introduce sell of sorghum and millet flour in my business and the results were amazing because my customers really liked it. Therefore given this second loan i will add more stock of Sorghum and millet to my posho mill worth $200, i expect my profits to hit$ 60 - $100 per day. To me this will be 100% which is my target.
Thanks Zidisha for your continued help.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$250.00

Date disbursed

Jun 30, 2015

Repayment status

Late

Projected term

20 months

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Kelvin Aug 12, 2015

There is someone who hacked my account and added invites people I don't know and removed my invites please remove the invites because I don't know either of them. Thanks

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Kelvin Jul 21, 2015

Hi lenders my food store has grown big and a centre of attraction In our area more customers have been attracted all using zidisha money you have really helped me... The other money I used them to mend my machine which had broken down

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Kelvin Jun 30, 2015

Hi zidisha I have received 24,133ksh...The money you've lend me IL use it to add millet sorgurm and wheat I will also expand the business house since the customers have become more.. I really thank you for your great kindness for bringing me up thank you lenders I appreciate you for I have come from far and for working with zidisha I believe am going somewhere and I promise to pay you well and on time. Thank you God bless you so much

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Kelvin Jun 27, 2015

I will buy more stocks especially sorgurm millet wheat and maize stocks IL sell both the raw and the grind ones. The profit will help me pay loan help my family and to expand the business house to be at least big. I really appreciate and thank you zidisha team at large for your heart full help promise to be always loyal to you and to pay in time. Thanks God help you.

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Kelvin Jun 23, 2015

I thank all the lenders who funded me the first loan. i was able to add stock to my business that facilitated the needs of my customers. I thank Zidisha because my profits was for the first time able to hit 80%.
Thanks so much Zidisha for your support

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Kelvin May 24, 2015

Hi zidisha. I would like to adjust my repayment schedule to Ksh. 1000.My profits are good and I would like to sincerely thank the lenders for this far. Thanks so much.

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Kelvin Apr 6, 2015

hi! zidisha thanks alot for your loan my profit is increasing you have made me far from where i was..i myself try so hard not to dissapoint you lets continue working together i appreciate your support

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Kelvin Apr 2, 2015

hi lenders i do appreciate you so much..zidisha has made me step forward since i was able to add more sorghurm and millet hence made more profit than before.I thank you alot of your help.Hope will work together promis to be cooperative.Thank you lenders with zidisha family

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Kelvin Feb 19, 2015

Hi Zidisha
I have decided to adjust my installment from Ksh. 180 to Ksh. 400 because my business has really picked up and i want to finish my first loan and apply for the second loan soon. Kindly review and once again Thanks Zidisha for your support

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