Loan to increase cereal inventory

Zipporah Rono

Chepkosa, Kenya

100% repaid

Entrepreneur

Name

Zipporah Rono

Location

Chepkosa, Kenya

On-time repayments

214 weekly installments  •  58%

About Me

My name is Zipporah Rono. I am 26 years old, married and blessed with two children. I am the third born in a family of four. I reside with my family at Chepkosa village in Bomet County.
In order to support the low income, I started one year ago a cereal shop at Kapkwen shopping centre which has become a big success to me and my family so far.
My hobbies are reading, listening to music and adventure.

My Business

I have a cereal shop at Kapkwen shopping centre about 3 kilometres from Bomet town. I sell cereals such as: maize, wheat, rice, millet and a few legumes such as dried beans. I source most of these products from Western Kenya and I normally make a margin of about 40% profit. My main customers are local residents and hotels within the shopping centre.
The business is good, so I would like to expand by adding stock.

Loan Proposal

I intent to buy 6 more 90 kg each of; green grams, beans and pishori rice at a price of $110,$132 and $126 respectively to an existing stock as follows:
 90 kg bags of green grams costs $18.33 per bag. 6 bags at $18.33 = $110
 90 kg bags of beans costs $22 per bag. 6 bags at $22 = $132
 90 kg bags of pishori rice costs $21 per bag. 6 bags at $21 = $126
TOTAL= $368
This is a result of gaining more customers in my shop as a result of my good relation, being faithful and communication skill in customer conduct which has created trust between me and my customers.
It will give me an additional total profit of $60-$80. This is a good additional profit to my business. I will ensure prompt repayment of the loan when funded. I hope and believe that you will find in your heart to consider supporting me again for my better tomorrow.
Thanks.
GOD BLESS YOU ALL.
Sincerely Zipporah Rono.

Show original English  

About Me

My name is Zipporah Rono. I just turn 29 years old- married and blessed with two children. I am the Third born in a family of four. I reside with my family at Chepkosa village in Bomet County. In order to support my family, I started three years ago a cereal shop at Kapkwen shopping centre which has become a big success to me and my family so far.
My hobbies are reading business magazine, listening to local music and adventure

My Business

I have a cereal shop at Kapkwen shopping centre about 3 Kilometres from Bomet town. I sell cereals such as: maize, wheat, rice, millet, green grams and a few legumes such as dried beans.
I source most of these products from Western Kenya and I normally make a margin of about 40% profit. My main customers are local residents, hotels and restaurants and lately boarding schools within and around the shopping centre.
The business is good I would like to expand by adding stock.

Loan Proposal

I intent to buy 6 more 90 kg each of; green grams, beans and pishori rice at a price of $110,$132 and $126 respectively to an existing stock as follows:
 90 kg bags of green grams costs $18.33 per bag. 6 bags at $18.33 = $110
 90 kg bags of beans costs $22 per bag. 6 bags at $22 = $132
 90 kg bags of pishori rice costs $21 per bag. 6 bags at $21 = $126
TOTAL= $368
This is a result of gaining more customers in my shop as a result of my good relation, being faithful and communication skill in customer conduct which has created trust between me and my customers.
It will give me an additional total profit of $60-$80. This is a good additional profit to my business. I will ensure prompt repayment of the loan when funded. I hope and believe that you will find in your heart to consider supporting me again for my better tomorrow.
Thanks.
GOD BLESS YOU ALL.
Sincerely Zipporah Rono.

Feedback

3

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$369.00

Date disbursed

Jul 11, 2016

Repayment status

On Time

Projected term

18 months

Cost to entrepreneur

Service fee: $18.45

Lenders

N

nani

austin, United States

R

redhoward

San Francisco, United States

JB

James Broderick

Cobham, United Kingdom

E

Errol

Bradenton, FL, United States

S

Snick

Halle, Germany

H

Hilke

Bremen, Germany

seabass

New York, United States

valentin

Stockholm, Sweden

B

BRWorthington

San Francisco, United States

D

Daniel

Cupertino, United States

investor

Candiac, Canada

TG

The Gwarden

Göteborg, Sweden

J

JonnyPrice

San Francisco, United States

malcolm D

grants pass, United States

K

Krokslatt

Mölndal, Sweden

AdamP

Sunnyvale, United States

A

adwatson

Milan, MI, United States

BelleStarr

Albuquerque, United States

cyrus0302

San Francisco, United States

C

CavLender

Charlottesville, United States

DeanDropshot

Oslo, Norway

I

ideerge

Mountain View, United States

J

Jdoyle

Kitchener, Canada

Tuomas

Helsinki, Finland

J

jozua

Delft, Netherlands

W

world

Kansas City, United States

AndreaBravi

London, UK, Canada

F

Fiodal

Helsinki, Finland

Kjartan

Oslo, Norway

T

treyh

San Diego, CA, United States

I

Interfree

Dubai, United Arab Emirates

P

pieces15

Grand Falls-Windsor, Canada

F

faical

Cologne, Germany

F

FaaThailand

Bangkok, Thailand

J

Jacquinta

London, United Kingdom

G

Gerhard

Pretoria, South Africa

Zidisha

Sterling, United States

A

aliasadsj

Queens, NY, United States

mattebe

Pittsburgh, United States

T

ToddK

Indianapolis, IN, USA, United States

C

cjmenchaca

Austin, United States

S

SelvaMarcus

Green Cove Springs, United States

beverly

Vancouver, Canada

J

jjonas

berlin, Germany

F

fisaire

Ithaca, United States

indeh

London, United Kingdom

rasmus

Bern, Switzerland

D

Divergent

Bethesda, United States

Cloudways

Malta, Malta

D

Dadiolafs

Vestmannaeyjar, Iceland

P

penguin3694

Chicago, United States

B

BClay

Campbell, United States

M

marcelitohb

Bremen, Germany

ads68

Melbourne, Australia

P

Prysdahl

Marshall, United States

M

mkellerman

Shanghai, China

sarna

Toronto, Canada

JC

Jordi Cohen

New York, NY, United States

fairspirit

Utrecht, Netherlands

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Longhorn

Austin, United States

Zal0m0n

Atlantis!!!! x), Mauritania

F

Forfex

Zurich, Switzerland

GuillaumeTeissier

Montréal, Canada

dmirpuri

Bangkok, Thailand

Matthieu

Switzerland, France

xtrahardware

Cazenovia, United States

M

Mountainmanduy

San Jose, United States

DJBic

Clinton, United States

HealthcareProvider

Baltimore, United States

E

E

Marin county, United States

J

jlberqie

Wake Forest, United States

B

bwitt

Berkeley, United States

Evan Lamos

Brussels, Belgium

G

guggl

Vienna, Austria

G

GanSatya

United States

sderickson

Berkeley, CA, United States

M

Malibu

Westwood, United States

Matching Fund

Sterling, United States

M

meric

Australia

Paul Buchheit

Mountain View, United States

Pankratio

EastVan, Canada

bb4dogs

United States

M

MaggieYG

United States

trincowski

Vilar, Vila do Conde, Portugal

J

jbhernan

United States

A

AniaC

Melbourne, Australia

mepster

San Francisco, Ca, United States

P

Panda6689

United States

TyWee

Manila, Philippines

A

AlphaAres

Azerbaijan

G

GDean

United States

S

SaraNT

United States

I

idris

United States

J

jdelaporte

United States

Loungin

United States

S

stryker75

United States

SV

sven vdk

Twickenham, United Kingdom

Mike and Jacqui

United Kingdom

S

Stephan

Netherlands

Gab

Singapore

P

PC

United States

Jeroen Decock

Gent, Belgium

Dave Bogard

New York, United States

Family Mueller

Petershagen, Germany

CNV

United States

Eugen Stamm

Zurich, Switzerland

Roman Achmatow

Leipzig, Germany

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

JK

Judy K

United States

A

Anonymous

United States

A

Anonymous

United States

A

Anonymous

United States

Ask Zipporah a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...