Corn milling services

Mathew Osilo

Nakuru, Kenya

0% repaid

Entrepreneur

Name

Mathew Osilo

Location

Nakuru, Kenya

On-time repayments

97 weekly installments  •  87%

About Me

My names are Mathew Ogombo Osilo, I was born in Mutumbu within the jurisdiction of Siaya county in the republic of Kenya. I am young man whom God has blessed with responsibility to oversee and take charge of my siblings after my parents passed on. I do acknowledge the big role God has bestowed upon us to bring them up, provide for them, nurture, admonish and harvest their souls back to Christ for God's glorious kingdom of light. I can't afford to forget to say that we are both saved and Jesus is the Lord and Savior of our lives.
Back to my personal life, I am a second born in a family of six children, five boys and one girl. I completed my basic education in the year 1991, and thereafter joined Mutumbu High school for my secondary education for a period of two years. I was forced to drop out of school because of poverty and as a result of this, I had to find away to venture into an income generating activity to financially support my mum in bringing up my younger siblings, so I started a vegetable farm to help supplement the family's earnings. My dad had retired in the late 1960's, and this is the time my mum was married as a second wife. My dad's failure to provide adequately for our young family led us to leave miserable lives, but God who is always gracious in dealings with mankind provided for all our needs before and after the demise of our parents in the year 2004.. In the year 2006, our family was struck by another tragedy whereby the cruel hand of death, snatched away from us our elder brother, leaving me in charge, Since then, I have been the sole bread winner not only to our extended family.

My Business

Following the continual financial constraints on my part, and the financial obligations I had to meet every month, I brainstormed on how best i could tackle this matter and bring back sanity in managing my finances to the satisfaction of all who also depend on my little income from bodaboda(motorbike transport business).i actually hire someones motorbike for taxi in the Kenyan industry. I would like to improve on the business to make it so competitive hence achieve maximum returns after deducting the owners daily receipt. I want to thank you in advance zidisha, may God bless you mightily as you put my financial request into your humble consideration

Loan Proposal

Its my pleasure to request a loan to invest and creat job for my siblings. I plan to buy a corn milling machine. I have done survey we don't have one near and the people here use the maize flour as their staple food. At the same time I buy maize from locals hence building their economy.With the machine I can mill up to two tonnes for 20dollars añd also sell some packed maize flour while creating opportunity for young people. I can manage to make profit of up to 150 dollars a day this will enable me to pay the loan with ease as help my siblings.Thanks in advance.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$443.47

Date disbursed

Nov 30, 2018

Repayment status

Late

Projected term

2 months

Cost to entrepreneur

Service fee: $19.93

Credit risk payment: $139.55

Lenders

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Amanda Orson

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Arnaud M

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Peter

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Eugen Stamm

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Pedro Cambra

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Y

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Sigrid

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Justin cohan

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Stephanie

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Boris

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Steve A

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Ron Maze

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Adam Larkin

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Giovanni and Yelena

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johannes

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Laura

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Lucy

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Suzannah

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BH

Barbara Hermann

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Benjamin Kniaz

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Stephanie He

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Warren Shen

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Andrea

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Mike Frawley

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Geoguillot

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Max Power

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Katie

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Ryan

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Ellen

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Dalton

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CJ

Chris Jones

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Diane U

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Colin Marks

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ericb321

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Gary Sinard

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David Nash

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Aaron

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Aliya

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Ronald Chua

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Sarah

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AS

Ajay Sharma

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Alex

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M

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Nethanel Kohen

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Chris

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Ronald

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Darren Jeppson

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Lee Montecucco

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Helen and Denis

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Jim Murray

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