Branding and packaging my locally produced rice

Judy

Athi River, Kenya

100% repaid

Entrepreneur

Name

Judy

Member since

January 2014

On-time repayments

246 installments  •  78%

About Me

I am 34 years, old an accountant by profession with over 10 years of expansive and skillful experience in various industries.

I am married and blessed with two girls.2020 has been a tough year due to the COVID 19 PANDEMIC jobs have been greatly affected with employees either getting salary cuts or loosing their jobs altogether.This has made me think of other ways of supplementing my income to assist in staying afloat.

So far I have tried a few ventures but with not much success but am I am positive and choose to remain focused (Follow,one, course until successful) in farming and selling onions.

Your assistance has always been very helpful and I hope you will walk with me in my venture to financial freedom.

My Business

Farming.
I started my farming maize business this year in Kagumo(upcountry) in the year 2019 during the long rain seasons,but unfortunately due to the intensity of the rain the crops were attacked by pests and some damaged and not much was salvaged.

After a few consultations and research I have decided to hire a a piece of land and grow nappier grass since it requires very little maintenance and the availability of ready market at Kagumo(up country).It will require animal manure once a year and harvest between 3 to 4 times a year.

The cost price of hiring rages from kshs.9,000.00 to 12,000.00 per year,maintenance cost per month and manure will cost roughly kshs. 5,000/=,currently I am also retailing onions buying at kshs.30 per kg and selling at kshs. 60 per kg.Per week sales rage from kshs.600/= to kshs.750/=

The loan will enable me carry out the two ventures smoothly and also assist me in meeting my needs and growing my savings.

Your support will be highly appreciated.

Loan Proposal

With increase on sales an urge to reach out to a larger clientele,expand becomes a driving force.Research to provide better and quality product becomes the one objective since I have already penetrated the market.When I get the loan I will try to repackage my rice in better quality polythene bags and come up with a brand name to enable me to sell to retail shops to begin with but am hoping in the near future I will be able to sell it in supermarkets and other big retail shops.
I like to take this opportunity to thank my lenders for enabling me to take the bold step of being able to earn a living and provide for my family by believing in me and giving me the financial boost i required to take off on my business.
Keep up the good work .

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$145.00

Date disbursed

Nov 3, 2014

Repayment status

On Time

Projected term

6 months

Lenders

Bobrm2k3

Charleston, United States

geotrog

Sydney, Australia

pixelsebi

Berlin, Germany

SE

Sven E

Mannheim, Germany

SE

Shimrit Elisar

United Kingdom

ujgih

Germany

Tammy Korolnek

Washington Dc, United States

S

Sebastian

Dortmund, Germany

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