Buying coffee kilos

Gideon

Kericho City, Fort Tennan Village, Kenya

100% repaid

Entrepreneur

Name

Gideon

Member since

October 2017

On-time repayments

108 installments  •  69%

About Me

hello,am gedion kiprotich,age23,went up to secondary level of education and also completed 2 terms of college but I haven't been able to proceed further due to financial hardships.

My Business

My last loan was used for buying kilos of coffee and reselling for profit,for this current loan ,I won't have a business because I will be focusing all my energies on my studies at college. I will be using my new loan to pay for school fees and basic living expenses and I intend to use the profit from my last loan to make payments on my new loan.

Loan Proposal

it is a quit busness,i realise that if i buys let say if i use 50,000ksh,to buy kilos and each kilo is 25ksh,that will give me 2000kilos of coffee,this buying will be from june to december,so on january will be in it's maturity as it will be exported outside the country for marketing,now during payment i will be having a profit of 80000ksh plus your initial money you use to buy (50000) ,total repayment will be 130000, from this will give me a good opportunities even to buy land that am lacking,with zidisha i will make it,thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$109.00

Date disbursed

May 25, 2018

Repayment status

On Time

Projected term

6 weeks

Lenders

B

bscent

Hong Kong

Dave Bogard

New York, United States

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

Michael Bauschke

Dresden, Germany

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