Buy maize and beans after harvest for resale

Hannah

Rongai, Kenya

62% repaid

Follow Hannah

How it Works

Entrepreneur

Name

Hannah

Member since

December 2011

On-time repayments

119 installments • 64%

About Me

I was born in 1950 in Londian division Kedawa village Kericho County. I joined my primary school in 1959 and I reached standard two . I dropped from school because my mother died and my father could not afford taking care of me. I got married in 1975 and we have been blessed with 8children 3 girls and 5 boys. I do live in Kimangu farm plot no. 488 along Murefu street in Kandutura sub-location, Visoi location Rongai Division Rongai district Nakuru county.

My Business

I joined business in 2000 of cereals and it has help me a lot because when I buy the maize and beans among other cereals during the harvesting season and sell it when there is no cereals in stores, I got a good profit. Although it has a great competition, the secret is only timing of which helps me a lot. I normally buy it in at home so no expenses of paying house rent. Every month I normally get kshs 20,000. but it change according with the season.

Loan Proposal

Dear Lenders, It has been very interesting since i join this institution,many has been done not only to me but to the other borrowers.To me my life has improve and look new compared to day months and even years when i was not in the field.For now if you look at me you will notice there is change even without told by any one. I intend to increase my stock by adding 50 bags of maize which currently will cost .K.E.S.100,000.and 30bags of beans currently will cost .K.E.S.70,000.The remaining amount will be use to transport the good to my business store. In additional this good will make profit of about .K.E.S 100,000 in a period of three months because 50bags of maize currently is K.E.S.2,000 EACH BAG,beans is .K.E.S.4,000 EACH.After three month,i will sell maize at .K.E.S.3,000 EACH BAG,Beans will be sold at a price of K.E.S.6,000.