170 installments • 36%
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.
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
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.
Oct 31, 2016
Cost to entrepreneur
Service fee: $29.59