Sospeter

Eburru Street-gilgil, Kenya

Funds disbursed

$0 to go

100% funded of $395 goal

0

days left

Entrepreneur

Name

Sospeter

Member since

November 2012

On-time repayments

11 installments  •  0%

About Me

my name is sospeter mwangi mutahi, i live in gilgil town where i am a business man there,i have a wife and three children who are schooling in a nearby school, i live in plot no 170. in this plot is where i have a cereal shop.gilgil is about 50 kilometer from nakuru and also it about 100 kilometer from nairobi city but the town which is near me is nakuru.,a bout my education i completed my secondary education and score c+ but i didnt enroll in the university because my parent didnt have money to pay but i was employed by a business man in this era , he was having a cereal store, i work there for about 3 year and the earnings i was saving some of the money which i started this business of cereal. my business is very near d.c office and because many people visit this place i have a small shop here., from stage you take a bodaboda transport and a light int he d.c office round about, from there in the left side you cane see a cereal shop or you can call me ,within a second i will be there. this area is a populated area there is many people around here and this made many business surrounding very busy every time,my wife also have a green grocery kiosk here and we help each other in the family upkeep

My Business

my business entail in cereal in this town, i sell cereal which i buy from a place like kiambogo and also kiptagwanyi in alow price and i sell in small quantity because many people here depend in buying cereal ,thy dont have a shamba.in this area, also i sell unga in my store for the purpose of cooking ungali which is the preferred food in this area.the business is very profitable and the demand of my product is very high because this cereal is the only food that is available and also afforedable for the family in this area for cosumption by people, also because of the market of meat in this town many people came here from the sorrounding villanges like the one of maasai who dont do the work of shamba thy depend on animals which thy came here in gilgil to sell thus making this town very busy, and when thy sell this livestock thy buy cereal and go with it to their home to their family. the main challenge is high price of this commodity from where i get them ,this made me to hike price,also poor road in the area

Loan Proposal

dear lenders and zidisha organization,i thank you all for accepting my application.in this my first loan in zidisha i want use as follow, first at this time maize and bean is in high demand in this area, i will use 15,000 to buy maize at a price of 2000 per bag and i will use the lest to buy beans, in transport i will use the money i have already because i want to invest this money in full.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$395.00

Date disbursed

Feb 17, 2013

Repayment status

Late

Projected term

12 months

Lenders

S

Snick

Halle, Germany

CaseySampson

Vancouver, Canada

BenRump

Washington DC, United States

A

Anna01012

Bucksport, United States

AdvancingCompassion

San Diego, United States

D

DThirteen

Miami, United States

B

bitofrits

New York City, United States

MillerClark

London, United Kingdom

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

Loading...

Loading...

Loading...