Expansion of my mushroom business

Omari

Nyanchwa, Kenya

10% repaid

Entrepreneur

Name

Omari

Member since

June 2014

On-time repayments

22 installments  •  18%

About Me

i am Kenyan aged 28 5th born in a family of 8. i live Kisii town Nyanchwa estates in Kisii county. i am businessman within the region. after my business management course i joined small business within town.as i was on with my ups and downs i discovered there is a demand of mushroom business. i picked off immediately the business with my little savings that i had done. i used to hire or purchase the mushrooms in wholesale that i sold to my customers in a retail price. hotels and local consumers are my major customers in the region. i do socialize with other businessmen as we share our challenges we face during in the market thus at my free time hours and also i play football during my free time. i love my job.

My Business

i love my business since it start from a dot that now is a line. i do even plant my own mushrooms in my hired lands to support me have enough supply to my customers. there is high demand though there is low supply . in prefer this business since has got no big competition in the region. i do face challenges like heavy rains that hinder my transportation means . i do make 200 dollars as my calculated gross profit that support my daily bread, clothing, rent and even fuel my transportation means. i look forward to have enough supply by owning my plantation to have mushrooms for my customers. i tend to have any support to boost my few challenges here and there. thanks

Loan Proposal

Since my working place is small i m thinking of things that i will use to expand it. that is nails, iron sheets, timbers , and chairs. this will make my to be happy and have a good place sit and good times after they job.If i do this i will have many peaple coming that will make me add sameone to elp me out that i should have created job for others. i have been making ksh 800 to ksh 1000 a day which i have trust will grow by ksh200 to ksh 400 a day.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Feb 9, 2015

Repayment status

Late

Projected term

2 months

Other loans

Lenders

YB Song

Seoul, Republic of Korea

M

marcmesich

Kaohsiung, Taiwan

anonymous

United States

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