Storage and retail of maize and beans

Richard Matundura

Kamukunji, Kenya

29% repaid

Entrepreneur

Name

Richard Matundura

Location

Kamukunji, Kenya

On-time repayments

272 weekly installments  •  76%

About Me

I am Richard Matundura was born in Nyanza province in Kisii County .I was raised by my parents although now Iam orphan. I went through primary Education and passed to go to Secondary despite the posed challenge of school fees. My parents were peasant farmers and depended on farming and menial jobs thus denying me the chance to college or professional training instead I started working as a shamba boy to help support my parents .I managed to get money to join college through my little saving but by the time i was clearing, i had arrears so I didn't get my certificate. I had to hustle to pay my arrears and obtained my certificate. I also paid my computer studies, diploma and now doing my master degree in Kisii university

My Business

My business of selling Dry maize at my Posho mill . I had a dream of starting a posho mill but I didn’t have enough money to purchase maize. my first loan from Zidisha I used to set up a fish pod although did not pick up well due to water shortage challenges but I used the remaining money to start a maize buying and selling which picked up well enabling be to pay my loan well .i intend to get the Fourth loan to expand my maize business so as to make higher profits.i intend more maize and beans this year dry it keep in store up to a good season to selling.the demand for such products is high at my business now.I chose this type of business because iam able to manage easily and my customers are available.
my costs are posho mill repair and maintenance,salary for my workers,electricity and annual business permits .
My business profits are used mostly for savings,paying for my family needs and reinvestment for the future.

Loan Proposal

iam intending to but 25bags of maise and 20bags of beans this help keep my customers .Lokking at my market trends i know i will make a good business deal for the year to enable me pay my loan. iam exepecting my business to incerase by 20% in my profits .

Income Source

my kind of business does not have seasons because are working to get food.food is essential that why iam tapping to beans for January onward because people near my place eat alot of Githeri.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$748.92

Date disbursed

Jul 14, 2020

Repayment status

Late

Projected term

16 months

Cost to entrepreneur

Service fee: $67.34

Credit risk payment: $101.00

Lenders

M

mblue0953

United States

A

Anninymouse

Southampton, United Kingdom

investor

Candiac, Canada

canadianlstan

Toronto, Canada

P

Peter

München, Germany

Elinor

Maple Lake, MN, United States

torelizer

Reggio Emilia, Italy

BelleStarr

Albuquerque, United States

Josua

Brittnau, Switzerland

AltruisticSelfishnes

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andyfletcher

I want my "My loans" page back, Qatar

Hope2012

United Kingdom

Charmonica

London, United Kingdom

J

Jdoyle

Kitchener, Canada

Honey

Sydney, Australia

S

soren

Göteborg, Sweden

ninamaqami

Ankara, Turkey

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prodigyita

Eboli, Italy

F

Forba

Mo i Rana, Norway

evinpa

United States

J

johnbireland

Dublin, Ireland

MarktheMormon

Sandy, Utah, United States

T

traderjohn

Baltimore, United States

F

FHult

Stockholm, Sweden

L

ldron7

Utah, United States

ZlataRoy

Cheltenham, United Kingdom

T

Tallago3

Munich, Germany

Pere

Barcelona, Spain

G

guenter

Bremen, Germany

T

ToddK

Indianapolis, IN, USA, United States

C

cjmenchaca

Austin, United States

BJ

Brandon Joz

North Carolina, United States

Laurent

Vevey, Switzerland

Jeff and Marcie

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Melbourne, Australia

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Vienna, Austria

TK

Tim Koppel

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JimVandegriff

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Tavin

Ottawa, Canada

C

cyrilleberger

Gammalkil, Sweden

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explosionsky

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gbnbca

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BTaylor

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KDeath

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glomardor

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Cloudways

Malta, Malta

Ellwood

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A

Austrian

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Matthew

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lorello

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Paul and Rachel

London, United Kingdom

AdvancingCompassion

San Diego, United States

peanut

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Christopher

Copenhagen, Denmark

Bhayl

Stavanger, Norway

Cadwah

Barcelona, Spain

Andreas Kiss

Vienna, Austria, Austria

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Olympia, United States

P

Peksa

Espoo, Finland

A

Andy

Berlin, United States

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Utrecht, Netherlands

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HomesteadSchool

Glen Spey, United States

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JohnH

Livonia, Michigan, United States

U

UTLonghorn

Lincoln, United States

BF

Bob Fitzjohn

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Joannie333

Milwaukee, United States

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AndrewC

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anagnan

BRUXELLES, Belgium

L

Leonora

TÄBY, Sweden

P

Pavane

Kungsbacka, Sweden

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run426

DeBary, United States

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Ohio

Ohio, United States

JonB

London, United Kingdom

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guelph, Canada

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richdullaghan

Encinitas, United States

mikeice

Kohler, United States

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Germany

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drorm

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Linköping, Sweden

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sjoerd

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bb4dogs

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ApolloK

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expatri

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San Francisco, Ca, United States

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Washington, DC, United States

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Fremont, Ca, United States

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jsbisa

New Orleans, Louisiana, United States

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bscent

Hong Kong

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sarahb

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Cudahy, United States

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Ireland

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PaulC

Australia

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United Kingdom

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Netherlands

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Sven

Netherlands

SE

Sven E

Mannheim, Germany

Jeroen Decock

Gent, Belgium

Dave Bogard

New York, United States

R

Robert

Berlin, Germany

MD

Miles Dodge

CORVALLIS, United States

SMOICE

Berlin, Germany

MW

Matt Willis

United States

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Wade

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Paul

Crandon, United States

Kate Courteau

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JT

John Tabacchi

United States

Richard

Shrewsbury, United Kingdom

E

erica

antwerpen, Belgium

moursund

Beaver Nation, United States

Kevin

San Francisco, United States

JC

JD Conley

United States

I

Ian

United Kingdom

Jennifer Weber

Canandaigua, Ny, United States

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cota

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JD

Jeff DePree

United States

John Prendiville

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ME

Manaal Eisa

Washington DC, United States

PT

Paul T

Amsterdam, Netherlands

Emma

Australia

TH

tom hd

United Kingdom

Carla

Amsterdam, Netherlands

F

Frits

Rotterdam, Netherlands

PR

Paul Rausch

United States

Mattie Shaw

Seattle, United States

G

GS2

Germany

Isabella

UK, United Kingdom

RV

Rob Van Dam

United States

AH

ajay hampapur

United States

Aran Dunlop

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LH

Lisa Heinze

Milwaukee, Wisconsin, United States

Steven Hill

Barcelona, United Kingdom

TF

Tom Fawcett

United States

A

Andrei

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Adam

United Kingdom

M

Marzl

Germany

Taylor

Memphis, United States

M

mariamfula

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SH

Steven Huntington

London, United Kingdom

Rory McLaughlin

Dallas, United States

Philip Schueler

Newbridge, Ireland, Ireland

EthicalHost

Toronto, Canada

I

isaac

United Kingdom

RC

Rudi Chen

United States

NG

Nick Gorrell

Surfers Paradise, Queensland, Australia

GC

Greger Cronquist

Göteborg, Sweden

BW

Betty Waweru

United States

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Kenny

United States

RG

Ravi Gadad

United States

JA

Jan Andresen

Hamburg, Germany

Sinan Taifour

Munich, Germany, Germany

SA

Shar Alamdari

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Lucy

Australia

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Marama

Australia

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Warren Shen

United States

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Mike Frawley

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JV

Jose Vidal

New York, United States

Day Family

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VC

Victor Chong

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Bob Ewing

United States

Ellen

Michigan, United States

D

Dalton

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HCPSPIRIT

Helsinki, Finland

hervey liu

United States

Diane U

Olympia, Wa, Usa, United States

Jean Wren Chan

United States

GS

Gary Sinard

Franklin, TN, United States

JF

J Fister

United States

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RMIM

United States

WC

Walter Clarke

Phoenix, United States

Malibu River

Tokyo, Japan

Jane

Ontario, Canada

S

Sarah

Arlington, United States

S

S

Canberra, Australia

Nethanel Kohen

NYC, United States

daniel

maryborough, Australia

HB

Hugo Boss

United Kingdom

LM

Laurie Menke

United States

MR

Micky Richards

United Kingdom

MC

Melissa Corrigan

Richmond, California, United States

United States

Carrie

Arlington, MA, United States

JS

jackson silvey

United Kingdom

Theo

Zürich, Switzerland

Ronald

Dättwil, Switzerland

ADK

Saint Louis, United States

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Joanne Thompson

United Kingdom

Darren Jeppson

Denver, Colorado, United States

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United States

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Johanna

Zürich, Austria

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Australia

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Findlay, OH, United States

AP

Ariel Pollak

United States

PB

Powered by me

European Union, Netherlands

Adam Öhman

Norrköping, Sweden

D

Daniel

Hong Kong

Chris

Fairfax County Virginia, United States

AM

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United Kingdom

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Wales Uk, United Kingdom

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Khoa

United States

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United Kingdom

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Jeff OHaleck

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Peter A

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United States

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MH

Matt Hodges

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Renee

United States

DO

Denis Ontiveros

Guildford, United Kingdom

BR

Brian Rickman

United States

We Not Me

St. Paul, Minnesota, United States

C

Carol

Bayswater, WA, Australia

Girolamo Marroccoli

Basel, Switzerland

LT

Lisa Taylor

California, United States

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