Name
David
Member since
March 2013
On-time repayments
127 installments • 74%
Am a resident of Rongai district,rongai location,Kapkwen sublocation,Tuiyotich village.
I am a self employed young married man,with a kid.am engaged in a poshomill business.
Educationally,am a form leaver and didn't further my studies due to financial constraints,and that is the reason I opted to join the business world of business.
I started the business back in the year 2009,the business though challenging, it pays of.I spend the earnings from the business to sustain my household needs,cater for operational expenses and save the remainder.
My poshomill business is located in a strategic place and there is no any other poshomill in the village.Many of my Customers are really satisfied with the quality of services I offer though limited by financial constraints.During the harvest season,the business is usually at its peak and profit is usually high,enabling me to save.
Currently I incur no rental charges since I own the premises.The expenses I in incur is due to fuel and machine maintenance .
If given the loan,I will use the loan to stock some sacks of maize which I will later sell back to my customers when they have ran out of stock.
I would wish to purchase a maize shelling machine to further expand my maize milling business.
The previous loan acquired from zidisha actually helped in raising my gross income and in return I managed to lease a piece of land where by I used it in maize farming.
In the next couple of months,I am expecting a bumper harvest and it is for this reason I am here to apply for a loan to enable me purchase a corn shelling machine.
The corn shelling machine will also be another source of income since most of my neighbors are maize farmers.
If given the loan in good time,I guarantee my lenders that the machine will payback within the next a couple of months.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$265.00
Date disbursed
Jul 2, 2015
Repayment status
Late
Projected term
12 months
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