Buying kilos of coffee

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

am currently buying kg of coffee at my nearer cooparative society,i consider this a very profitable busness since it double up what you stake with at a longer term,example if you stake 100000ksh on it(4000kgs),over a period of 5_6months will give more than 300000ksh,a huge profit of about 200,000.currently my target is 3600kgs of coffee,however i have manage to buy 1000kgs,i will make it through zidisha where lenders wishes the best to their borrowers,thanks.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$9.00

Date disbursed

Jul 27, 2018

Repayment status

On Time

Projected term

1 week

Lenders

Michael Bauschke

Dresden, Germany

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