Peter
Kiptagwanyi Center, Kenya
$0 to go
100% funded of $478 goal
0
days left
Name
Peter
Member since
November 2012
On-time repayments
46 installments • 0%
i am married with 6 children who are all schooling in a nearby school . i live in kiptagwanyi centerin the road that go to munanda , about 200 meter from center. i live in plot no649. in this plot is where i have a store of cereal and also is where my family stay in this plot,kiptagwanyi is about 43 kilometer from nakuru which is the major town in this area.
my business entail in cereal buying and selling to the people who transport to nakuru and Nairobi. i buy from the farmer who sell there product like this time of harvest, and also i keep some in my store because coming march here in kiptagwanyi people start asking where to get maize. maize being the major food in this are at that time i will sell to them in small quantity. the business is profitable and the demand is high in this area like now all store if you go around there is no cereal because it have been bought by those trader who transport to Nairobi and other places in Kenya. the main challenge is poor road and also high price of commodity which is accelerated by inflation in this country.
dear lenders i want to buy more cereal to to cater from the high demand of my customers who have given me the order to buy for them and give me some percentage after buying so to transport to the place where there is drought in this country, i also i want to have a stock because after people finish selling it came a time when thy want also to buy from us after this season of harvest like the month of march and April, so any businessman who will be able to stock will get more profit and i want to be one of them
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$478.00
Date disbursed
Dec 5, 2012
Repayment status
Late
Projected term
47 months
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