Funding for bidding tenders

Dorcas

Litein, Kenya

21% repaid

Follow Dorcas

How it Works

Entrepreneur

Name

Dorcas

Member since

September 2015

On-time repayments

72 installments • 32%

About Me

I come from a hardworking family with both parents business oriented. I acquired the business skills from my mother because thats what helped us all through our education. I come from highland part of the country,Rift-valley where there are alot of business opportunities. I like listening to gospel music especially hymal

My Business

Am dealing with school supplies especially grains and sometimes uniforms. Its a good business but it needs a good amount of capital and patience. I do apply for tenders though after qualifyng fo them,i get money challenges which intefere with my business
when I supply one kg of maize grains to a school I sell at 60 bob then purchase cost price is 35 bob from farmers. this earns me 25 bob as profit which is about 75 percent. Am intending to supply over 1000kilos .projected earnings profit to me will be 25000 kes. this is a great business to me as an entrepreneur.if this platform helps me I will be greatful.

Loan Proposal

Describe what you will do with the loan in at least 200 characters
I am requesting for kes 15000.
This amount will enable project to bid for 5 tenders each kes 3000 .
these tenders if I secured will cost me roughly 70%, .projected profit will be 30%.This 30% will be equivalent of kes 20,000 to kes 30,000 per each tender .
This will be equalivalent to kes 100,000 to kes 150,000 profit .
The big challenge is that tenders will drain me financially before repayment .Repayment takes up to three months after completion .
thanks lenders and looking forward for your support.