Rice business

Gervain Ali

Bobo Dioulasso, Burkina Faso

100% repaid

Entrepreneur

Name

Gervain Ali

Member since

March 2015

On-time repayments

21 installments  •  81%

About Me

My name is Dao Gervain and I was born on June 19th 1968 in Bobo Dioulasso. As a native Burkinabé I live in Bobo Dioulasso where I grew up and went to school. After successfully completing elementary school, I enrolled at the Sya school where I got a middle school studies certificate. Because my parents did not have the means to further my education, I had to support them by finding an activity that would generate some income. This is the reason why I started selling rice imported from the Ivory Coast (a neighboring country of mine).

My Business

Rice is a basic staple of the diet in Burkina Fasso and is a strategic item in the shopping basket of the Burkinabé housewife. But the production of our country can only fill 30% of the needs of the population and the rest has to be imported. Considering the immense need for this commodity I could not say no to this profitable activity. Because of my small working capital I cannot transport big quantities. I manage to do fairly well nevertheless. I would like to initially get a loan of 58,400 West African CFA Francs to increase my working capital.

Loan Proposal

Rice is a basic staple of the diet in Burkina Fasso and is a strategic item in the shopping basket of the Burkinabé housewife. But the production of our country can only fill 30% of the needs of the population and the rest has to be imported. Considering the immense need for this commodity I could not say no to this profitable activity. Because of my small working capital I cannot transport big quantities. I manage to do fairly well nevertheless. I would like to initially get a loan of 58,400 West African CFA Francs to increase my working capital.

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About Me

Mon nom est Dao Gervain et je suis née le19 juin 1968 a Bobo Dioulasso. Burkinabé de naissance, je réside a Bobo Dioulasso ville dans laquelle j'ai été a l’école. Après l’école primaire sans faille, j'ai été inscrit au cours moderne Sya ou j'ai pu obtenir un brevet d’étude. Vue que mes parents n'avait pas assez de moyen, j’étais dans l'obligation de les soutenir a travers une activité rémunératrice de revenue et c'est pour cela que j'ai entame la commercialisation du riz importe a partir de la cote d'Ivoire (pays frontaliers avec le mien).

My Business

Le riz, denrée alimentaire de première nécessité au Burkina Faso, revêt une importance stratégique dans la composition du « panier de la ménagère » burkinabè. Le pays n’en produit, cependant, que 30 % de sa consommation et est, de ce fait, condamné à en importer les deux tiers pour pallier le manque. Vue le besoin grandiose, je ne me suis donc pas faire prier d'embrasser cette activité qui me procure des bénéfices. Cependant mon faible capitale me permet de subsister car je transporte en très petite quantité. Tout compte fait avec je tire mon épingle du jeu.

Loan Proposal

Le riz, denrée alimentaire de première nécessité au Burkina Faso, revêt une importance stratégique dans la composition du « panier de la ménagère » burkinabè. Le pays n’en produit, cependant, que 30 % de sa consommation et est, de ce fait, condamné à en importer les deux tiers pour pallier le manque. Vue le besoin grandiose, je ne me suis donc pas faire prier d'embrasser cette activité qui me procure des bénéfices. Cependant mon faible capitale me permet de subsister car je transporte en très petite quantité. Tout compte fait je tire mon épingle du jeu. Je voudrais avec ce premiers montant de 58400 francs augmenter mon fond de commerce.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Apr 16, 2015

Repayment status

On Time

Projected term

5 months

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  • Gervain Ali    Oct 3, 2016

    While presenting my sincere apologies for the delay, I promise to pay in the future days because I was out of town

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  • Gervain Ali    Jun 28, 2016

    While presenting my apologies I wear this change because I have some difficulties to make my recovery.

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  • Gervain Ali    Oct 31, 2015

    Thank you for sending the funds. I received this.

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  • Gervain Ali    Oct 22, 2015

    Thank you so much for financing.

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  • Gervain Ali    Oct 7, 2015

    It"s a feeling of pride that drives me while writing this message to you and you encouraged congratulated for everything you are doing. The loan which I have just solder allowed me to get a small benefit but great and meaningful to me. Thank you and will wish to continue to grow my small business.

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  • Gervain Ali    Jul 4, 2015

    I inform you by this mail my refund dated 15 June 2015 in the amount of 25,000 CFA francs and Schedules number 0072843. Thank you Kindly update my profile.

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  • andyfletcher    Jul 1, 2015

    Hello Gervain,
    I hope your business is doing well. Can you please give us an update on your repayments? Thank you.

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    • Gervain Ali    Jul 4, 2015

      I inform you by this mail my refund dated 15 June 2015 in the amount of 25,000 CFA francs and Schedules number 0072843. Thank you Kindly update my profile.

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  • Gervain Ali    Apr 20, 2015

    Je vous remercie et vous informe de l'obtention de mon prêt.

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  • Gervain Ali    Apr 9, 2015

    Merci honorable pour avoir accepter financé ma demande. Je ferrai tout mon possible pour honorer mes engagements envers vous.

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