Daniel
Njoro, Kenya
$0 to go
100% funded of $20 goal
0
days left
Name
Daniel
Member since
February 2018
On-time repayments
17 installments • 53%
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 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
I will buy green peas for my cereals storage its harvesting time most farmers are harvesting beans and peas I will buy a 90kg peas which after drying and keeping in store I will resale after one month buying price now 18 dollars selling price after one month I will resale at 36 dollars the profit will be 18dollars I will use the profit to pay my house rent
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Negative
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Project Type
Classic Loan
Disbursed amount
$20.00
Date disbursed
Jul 19, 2018
Repayment status
Late
Projected term
2 weeks
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