Cereals business

Lilian

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Lilian

Member since

February 2016

On-time repayments

181 installments  •  31%

About Me

My name is Lilian Wamboi am a second born of the family of six,my father was in formal employment and my mother was a farmer, she used to sell her farm produce in town and she used make life better and sometimes pay school fee for us. Iam a mother of 2 children whom i love very much and i really want to give them the best in life,

Iam a graduate from Moi university having studied Business management.i started my business of buying and selling cereals by buying maize, millet and beans from farmers in the harvesting season and selling them to friends and neighbors in my neighborhood.
i started this business to help my siblings who are still tertiary education because my parents are not as energetic as they used to be when we were young. Iam currently working on contract and do the cereals business on part time basis and as at as at now the business is seasonal because i depend on the time farmer in this area are harvesting for me to get my stock at a cheaper rate.
i would like to expand so that l may start getting the produce from other areas like busia county because we harvest at different times. i also want to open a shop so that my customers may easily access my produce , increase my stock and market my products so that l may start suppying them to schools in bulk.

My first born is 10 years and would like to be a pediatrician and my second born would like to be a pilot. i would wish to support them fully to make the desires of their heart come true.

my hobbies include swimming,reading journals, traveling, and spending time with my family it makes me feel so blessed

My Business

i do cereals business where i buy maize,beans and millets.
Maize is white corn, in kenya we grind maize to make flour which makes ugali. ugali is a staple food in kenya. Beans is another staple food which is eaten with ugali,rice or mixed with maize to make githeri its a source of protein.Millet is grinded to make flour that makes porridge and sometimes makes ugali.
The cereals are mostly food that are consumed by local community.i choose this business because everybody consumes food in their household and at the sometime l provide market to the farmers who needs money urgently and they have cereals in the store.
I believe once I receive a loan, my business will be able to grow as I would be able to add more stock to my business and I will be able to repay the loan within the promised time. I will be able to do so with the money I make from the sales of the cereals as well as the salary.
i intend to use part of the profit to help in paying school fees for my siblings and part of it to reinvest in the business.

Loan Proposal

i would like to increase my stock, In will buy a yellow variety of beans called kathika. i currently i don't have that variety in my stock, some of people whom i approach to buy beans tell me that they prefer the yellow beans variety because its tasty and does not have gas. the beans cost Ksh. 170($1.68) per 2 kgs i will buy 10 tins to begin with i will spend $16.83 to buy the beans and sell the same at $19.8 i will plough back the profit to the increase the stock

Feedback

3

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$10.00

Date disbursed

Mar 7, 2016

Repayment status

On Time

Projected term

6 weeks

Lenders

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

Please log in to comment.

  • Lilian    Jul 24, 2017

    been unwell

    Log in to reply • Share
  • Lilian    Oct 28, 2016

    i have not yet been paid the last bunch of supplies i made last week.

    Log in to reply • Share
  • Lilian    Oct 18, 2016

    Thank you so much lenders I have received my loan of kshs 39755. I have bought rice, green grams and maiza. May God bless you all abundantly

    Log in to reply • Share
  • Lilian    Oct 14, 2016

    Thank you so much lenders for lending me the money. God bless each one of you abundantly.
    I will use the money diversify my grains business i will introduce rice,green grams and maize to my stock.

    Log in to reply • Share
  • JillV    Sep 28, 2016

    Congratulations Lilian!

    Log in to reply • Share
  • Lilian    Sep 28, 2016

    i have finished paying the second loan. Thank you so much lenders for the loan it has helped ma take my business to another level. God bless you.

    Log in to reply • Share
  • Lilian    Sep 20, 2016

    Thank you so much lenders for helping take my business to another level am almost finishing my second loan. God bless you so much for good Job you are doing.

    Log in to reply • Share
  • Lilian    Sep 6, 2016

    I supplied beans to a school and they paid cash,Iam so happy, Thank you so much lenders for helping me in this journey there is always ups and downs and when things are good, you really thank God, God bless each and everyone of you in a mighty way

    Log in to reply • Share
  • Lilian    Sep 6, 2016

    I supplied beans to a school and paid cash,Iam so happy, Thank you so much lenders for helping me in this journey there is always ups and downs and when there is up you really thank God, God bless each and everyone of you in a mighy way

    Log in to reply • Share
  • Lilian    Aug 18, 2016

    i have used the money received to buy stock which am selling in retails as i wait for order to supply in bulk

    Log in to reply • Share
  • Lilian    Aug 18, 2016

    After receiving the payment i have made loan repayment of ksh3000. Thank you so much for understanding when i was having delays in payments of supplied beans.

    Log in to reply • Share
  • Lilian    Aug 10, 2016

    l received some payment from supplying beans in bulk. they delayed payment but l finally got the payment

    Log in to reply • Share
  • Lilian    Aug 5, 2016

    the business is low and the previous supply that l made to a scoool has not yet been paid.

    Log in to reply • Share
  • Lilian    Jul 30, 2016

    Hi lender lav made a repayment of khs. 950, am very sorry for repaying late l supplied beans and my customers delayed my payments. When am paid the amount owed l will retain a good repayment rate. Thank you so much once for changing our lives

    Log in to reply • Share
  • HCPSPIRIT    May 30, 2016

    This is an example of a Facebook post with #HCPSPIRIT

    Log in to reply • Share
  • HCPSPIRIT    May 30, 2016

    Hi Lilian!

    As one of your lenders, we want to congratulate you on the success of your business and thank you for your on-time repayment!

    As part of our project to boost transparency and efficiency for a sustainable microfinance ecosystem, we would kindly ask you to join us on this trip. Simply tell us how your business is going on any social media, such as Facebook, Twitter, Instagram... and add #HCPSPIRIT to each of your post (text, pictures, videos…). Then, your post will go straight to our website here: www.helsinkicapitalpartners...

    Your voice matters to us, because we want to hear from you. Keep up good performance and we will be looking for further business partner up with you!

    Good job Lilian!

    Sincerely,

    #HCPSPIRIT

    Log in to reply • Share
  • Lilian    May 23, 2016

    Thank You so much lenders for funding me. I have been disbursed a loan of 11,924 Kenya shillings. I really appreciate the Good work you are doing be blessed abundantly

    Log in to reply • Share
  • Lilian    May 19, 2016

    Thank you so much lenders for the opportunity you have given me to change my business and my life and the ones of my children.
    I will use the money to buy 3 bags(90kg) of beans and i will now start selling in bags.
    Thank you so much be blessed abundantly

    Log in to reply • Share
  • Lilian    Apr 20, 2016

    Thanks you so much for the loan, I have finished repaying my first loan and really appreciate you so much because my business is doing better now. I plan to expand and start boiling the grains for those who don't get time so that the stock may move faster

    Log in to reply • Share
  • Lilian    Mar 22, 2016

    dear lenders
    Mu business is doing well, i really appreciate you people for the loan. I plan to buy more beans so that i may have enough stock so that l may save on transport that i use to go for more beans every time.

    Log in to reply • Share


Loading...

Loading...

Loading...