Equity, M-Pesa & AirTel money agencies (float capital)

Anthony Macharia

Thika, Kenya

100% repaid

Entrepreneur

Name

Anthony Macharia

Member since

November 2015

On-time repayments

170 installments  •  36%

About Me

Worked for a Supply Chain Company for over 15 years. I have experience and skill on Warehousing, Distribution, Logistic and Transportation. This year I started my own Business - Grains and Cereals Supply chain. Core goal being management of grains from the source who are the farmers to distributors/consumers.

My Business

Currently my business 'Grains Cereals Supply chain' deal with handpicking foreign matter on grains and selling them through a my retail shop at my home area.
Business Mission being:
To provide best low cost on transportation and warehousing solution for clean grains and cereals to our customers, and door to door delivering. "Wash and Cook"
In the current resent months I reused the profits to increase my stock. But due to increase on products demand it has increase the cost of supply due to transport cost buying small quantity due to lack of adequate capital. The product turnaround has increased by 100% after moving into a new shop near a bus stop. Which I positive it will increase more if I advertise my shop.
Goal: 1. working on how to get cheap logistic solution of cereals/grains from suppliers
2. In future own a pickup or a van

Loan Proposal

With the current loan, I will increase my agency Capital float on Airtel money, M-pesa and Equity bank 10%, 30% and 60% respectively. I am currently running with a float of Ksh50000 on three agencies. While recommended competitive float should be around Ksh110,000 in total.
As the year is ends, schools have started advertising for cereals tenders. I have applied for three schools. I will keep you posted on the feedback.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$682.66

Date disbursed

Oct 31, 2016

Repayment status

On Time

Projected term

5 months

Cost to entrepreneur

Service fee: $29.59

Lenders

S

Snick

Halle, Germany

A

alfredo

Bremen, Germany

investor

Candiac, Canada

K

Krokslatt

Mölndal, Sweden

BrassHat

Boston, United States

BelleStarr

Albuquerque, United States

G

Gastao

Covilhã, Portugal

thobach

Dresden, Germany

AndreaBravi

London, UK, Canada

artnking

College Place, United States

Tjitser

The Hague, Netherlands

F

FHult

Stockholm, Sweden

ZlataRoy

Cheltenham, United Kingdom

G

Gerhard

Pretoria, South Africa

T

ToddK

Indianapolis, IN, USA, United States

C

cjmenchaca

Austin, United States

Jeff and Marcie

Portland, OR, United States

andreas

St. Georgen / Gusen, Austria

M

mrhanky1

melbourne, Australia

J

jdhowa2

Louisville, KY, United States

JimVandegriff

Trinidad, California, United States

H

hilde

seattle, United States

M

matts

New York, United States

B

briansedz

Canton, Ohio, United States

P

proby24

Singapore, Singapore

beverly

Vancouver, Canada

EmilAsker

Lomma, Sweden

T

tmsaddress

Orlando, Florida, United States

C

chrisherron

Chicago, United States

M

missjoyy

Munich, Germany

Cloudways

Malta, Malta

lorello

Vicopisano, Italy

I

Ilona

St Catharines, Canada

U

USDescartes

Columbus, OH, United States

ads68

Melbourne, Australia

J

jr557

Mount Pleasant, United States

S

Saryan929

Somerville, United States

A

Aaron

Zurich, Switzerland

W

WellingtonPFClass

Columbus, Oh, United States

S

Southern

Oberursel, Germany, Germany

rfriedenberg

New Jersey, United States

chadgibbs

Loveliest Village, United States

fairspirit

Utrecht, Netherlands

MDILLENB

Aschaffenburg, Germany

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

EstanislaoCruz

Ewa Beach, United States

J

jasontoheal

Geraldton, Australia

Anto82

Eraclea, Italy

N

nk786

Dubai, United Arab Emirates

VicC2

Richmond, United States

A

AndrewC

London, United Kingdom

U

urtica

Moscow, United States

mojobob

Hayward, United States

P

Pavane

Kungsbacka, Sweden

JonB

London, United Kingdom

S

seikatsu

Palo Alto, CA, United States

xtrahardware

Cazenovia, United States

S

Sjors

Eindhoven, Netherlands

Jamesaubrey

Norman, United States

C

Clben7

Cincinnati, United States

Evan Lamos

Brussels, Belgium

sderickson

Berkeley, CA, United States

M

Malibu

Westwood, United States

S

sparty0410

Chicago, United States

Kamil

Lidzbark Warminski, Poland

Paul Buchheit

Mountain View, United States

V

valiy

Switzerland

B

bugdaniel

Switzerland

mepster

San Francisco, Ca, United States

TyWee

Manila, Philippines

L

luckiestmonkey

United States

B

bscent

Hong Kong

Lisbeth

Perth, Australia

TyrynyRed

United States

Loungin

United States

K

Keith

Luxembourg

M

mcgeefamilyny

United States

E

egines

United States

P

pnrjulius

United States

J

jowde

Germany

SuperMario28

Cudahy, United States

B

brothasmith

United States

K

Kelly729

United States

Mike and Jacqui

United Kingdom

JL

Joao Leal

United Kingdom

Gab

Singapore

Dave Bogard

New York, United States

MW

Matt Willis

United States

W

Wade

United States

PP

Pasi Paajanen

Helsinki, Finland

BS

Bart Sturm

Amsterdam, Brazil

SK

Stefan Kruell

Muenster, Germany

BV

Ben Veal

United Kingdom

JC

JD Conley

United States

RW

Roger Wang

United States

George

Corvallis, Oregon, United States

CNV

United States

Emma

Australia

Carla

Amsterdam, Netherlands

Framework Eyewear

Utrecht, Netherlands

B

Brent

United States

PG

Paul Graham

United States

Taylor

United States

John Minges

United States

N

Nick

United States

DL

Dan Lawrence

United States

Rosario von Li

San Jose, Ca, United States

B

Bramlage

United States

Dan Michael

Oslo, Norway

Thomas

Sweden, Sweden

L

LK

United States

K

Kaleb

United States

Myria

New Mexico, United States

RG

Ravi Gadad

United States

Sinan Taifour

Munich, Germany, Germany

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

chessplayer

Berlin, Germany

Katie

United States

NM

Nitya Marepally

San Ramon, CA, United States

A

Ari

United Kingdom

Perlita Domingo

San Miguel Guimba, Nueva Ecija, PH 3115, Philippines

Mary Norton

Byron Bay, Australia

A

Anonymous

United States

HCPSPIRIT

Helsinki, Finland

ED

Eunan Doherty

donegal ireland, Ireland

C

Cecile

United States

A

Anonymous

United States

R

Rolf

Rotterdam, Netherlands

KK

Kurt Kellner

United States

Brent Gillespie

Little Rock, United States

Debbie Merritt

Zebulon, North Carolina, United States

John Sercel

Florence, United States

Paul Buchheit

Mountain View, United States

M

Mary

United States

AH

Antioch House Church

Kansas City, Kansas, United States

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

Loading...

Loading...

Loading...