Beatrice
Njoro,egerton Centre, Kenya
$0 to go
100% funded of $212 goal
0
days left
Name
Beatrice
Member since
May 2014
On-time repayments
37 installments • 22%
I am Beatrice Waweru, married with a child. My husband is a Matatu driver. I`m a part time student in Egerton University Main Campus undertaking business management course and also full time business lady in sales and supplies of vegetables and grains in the region.
It's true that sometimes life becomes horrible, confusing and tough but I never thought of giving up. I learn to keep on keeping on like my Mentor Jim Rohn and Dr Myles Munro would say.
I started this business the moment I realized majority of graduates are still tarmacking for years after graduating before landing on any job. I believed that if I can start a small business, with time, I`ll gain experience, confidence and even get capital to expand my business.
Something unique about where I stay is the topography of land is Great Rift Valley with escarpments, and many land features.
Our basic food is called githeri( made of maize grain, beans, groundnuts) we can Raila in the morning, lunch and super the whole week without shifting diet Hahahaha. I like watching motivational talks, playing games to relax my mind.
Currently, I have an existing business which deserves wide marketing to increase my customer base and purchasing power. My main business is supply of Grains and Green Vegetables from the nearby farms to the market.My great plan with this loan is to ensure I increase daily returns by expanding the customer base. I chose this kind of business because the products have demand and they are cost effective and make part of the most basic need in human life and that`s food. I need to increase number of customers because my supplies are fresh from nearby farms as compared to others who collect from stores. The business is profitable because most of the fresh goods need to be consumed fast before they lose their nutrients content and green nature making their demand rise every day. The risky part is when supply exceed demand which was a case sometimes back because prices fluctuate.I also collect the outputs from greenhouses. My monthly cost is averagely $80, Sales revenue is about $150 and profit of about $90. I use profits in reinventing 30%, saving 20%, 20% in servicing loan and daily up keep the rest. Without investing the loan, I can still repay because of support from my husband and small garden in the School.Kindly support me achieve the goal of marketing my business.
When I get this loan, I will use much of it in marketing my business to attract more clients because it has become competitive.
With huge customer base, I can be able to grow huge return given that the sales volume shall be more.
I have not changed the business from the past but I want to rectify weak areas and go in full force.
As I stated earlier, My monthly cost is averagely $80, Sales revenue is about $150 and profit of about $90. I plan to use profits in reinventing in stock or marketing 30%, saving 20%, 20% in servicing loan and daily up keep the rest. Without investing the loan, I can still repay because of support from my husband and small garden in the School.
I am confident that this year will be the best ever.
Kindly remember my project lenders.
I look forward to settling the loan well.
Positive
2
Neutral
None
Negative
1
Project Type
Classic Loan
Disbursed amount
$212.00
Date disbursed
Dec 30, 2014
Repayment status
Late
Projected term
3 months
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