Purchase inventory of beans and peas for resale after harvest

Edward

Kiptangwanyi Kenya, Kenya

11% repaid

Entrepreneur

Name

Edward

Member since

December 2012

On-time repayments

122 installments  •  5%

About Me

i was born in 1952 in nyeri district in central province i joined std one in the year 1960 upto1966 when i did my cpe level in mukurweini primary school. iwas unable to continue with my secondary school education due to un avoidable reasons. in 1967 iwas employed by a near by farmer to milk his cows i did in a period of 5 years until 1972. i left the job and went to the western part of kenya where i was employed as astore keeper the cash i got those days i used to pay school fees for my younger brothers since both of my parents past away during second world war.i worked in western kenya in a period of 10 years i came back in central province in the year 1986 i got married in the year 1987thats when i married miss jane and we are blessed with three children two boys and a girl where all of them have completed their primary education.in the year 1988 i went to the nearby forest whereby i worked as a charcoal burner.I did the job for two years the job was so hard such that i decided to leave it thats when i joined the world of business in the year 1992
.

My Business

i started my first business in the year 1994 after being employed and i was not succesful and i decided to join the business sector where i opened a small kiosk in our local village and thats when i decided to add more stock to serve more customers.By then there were no any other income sources since we used to pay 1,000 revenue kes to our government.the business was good but i decided to try the meat business and i worked in the meat business for a period of 5 years.I also shifted to that business due to lack of sufficient funds and i went to the nearby forest where farmers were caltivating different types of green vegetables. the profit i had got thereby earlier i bought a second hand lorry which i used to transport the green vegetables like cabbages to our city of Nairobi the business was doing quite good.I had been transporting those greens for a period of time and the business has been so good to me i have educated my children and their school fees i used to get from the business until 2007 when we were affected by the post election violence.the business was not good again since i could not get the cabbages from the nearby farmers

Loan Proposal

dear lenders, its my pleasure to be here once more, for my second loan application, the first amount helped me so much in stocking the shop with dry grains.i hope to use the next loan by adding more stock in my shop so that i can be able to serve more customers.its great to me and my family.during this season, i hope my business is very active, since the demand of food is very high. customers are in great demand.i hope the money will help me in stocking my shops with grains like , beans peas etc.

Feedback

3

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$501.00

Date disbursed

Mar 23, 2014

Repayment status

Late

Projected term

25 months

Other loans

Lenders

AWOL

USA, United States

E

erozlum

Istanbul, Turkey

G

geoffk

Brisbane, Australia

S

sirius

Lauterach, Austria

J

JaMinLu

Concord, United States

T

tonilends

catalonia is not:, Spain

J

Jaslogic

Castle Rock, United States

H

HildeK

Rogaland, Norway

SHRFamily

Vancouver, Canada

spartacone

Roma, Italy

basicus

Cairo, Egypt

K

kikusin

Shanghai, China

M

Morgue

Brighton, United Kingdom

T

TVandenbosch

Brussels, Belgium

Sarasota

Sarasota, Fl, United States

E

Escalada

Bakersfield, CA, United States

L

Lennert

Alphen aan den Rijn, Netherlands

JulianHF

London, United Kingdom

T

thebonseung

Republic of Korea

Matching Fund

Sterling, United States

P

pnulty

United Kingdom

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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

Please log in to comment.

  • Edward    May 9, 2014

    dear lenders, i hope you are fine. am also fine doing. i have decided to reschedule my loan, because i thought i was to pay ksh three thousands per month. surprisingly i came to discover that am making a 2783 ksh per week. am unable to pay such a big amount of money per week. am now proposing to pay 500 ksh

    Log in to reply • Share
  • Edward    Aug 17, 2013

    dear my lenders , am son sorry for being late in my loan repayments. thanks for your patience.during this season, most farmers are now ready to harvest their grains. since my business relies on those farmers, they usually sells the grains to local buyers and then the buyers sells the commodities to the lorries coming from eastern part of our country. i hope to start my loan repayments on 18th oct 2013.i will be able to pay my loan with no problem.

    Log in to reply • Share
  • Edward    Mar 14, 2013

    Dear lenders,l wish to thank all my lenders for giving me the opportunity of improving my business.lam sure l will fulfill my dreams and very grateful to all lenders.keep up the good job.

    Log in to reply • Share


Loading...

Loading...

Loading...