Add to my capital and purchase maize to supply to a school t

Daniel

Njoro, Kenya

100% repaid

Entrepreneur

Name

Daniel

Member since

February 2018

On-time repayments

17 installments  •  53%

About Me

My name is Daniel mwaura .I am a single man aged 22years.my. hobbies are playing football and reading books.I completed my high school and passed and joined a university where I am doing decree in civil engineering.my back ground story is very bad I was born with a single mother verypoor me and my elder brother .my mom has suffered educating us getting ameal was a problem.when ijoined university I decided to staff acereals business sous to support my mum and my education.

My Business

My business deals with cereals.during harvesting time I buy plenty of maize and beans and stock.I then begin to retail to my customers when the peak season has ended currently the
Price per 90kg bag is2000kes which is 20 dollars I bjuy in whole sale and then sale on retail. one bag givfes !e aprofit of 1200kes which is 12 dollars this is the money I use to pay rent tuition fee food I sell around 20 bags Ina month that gives me a profit of 24000 kes which is 240 dollars in a month.this is the money iwill use to repay my loan .if my business isepowered I will buy more cereals and even buy aloory and transport and sale far.this will help me finish !college and build a home. forourfamlly

Loan Proposal

I have an order to supply a school with 10 bags of maize this will mean aprofit increase of 150%my business will get extra income intterms of profit I will use it to pay my college tuition

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$23.00

Date disbursed

Apr 3, 2018

Repayment status

On Time

Projected term

2 months

Lenders

John Minges

United States

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