Funds to expand my maize flour business

Grace

Juja, Kenya

100% repaid

Entrepreneur

Name

Grace

Member since

February 2015

On-time repayments

26 installments  •  19%

About Me

I am the second born in a family of 6 siblings, I hail from Othaya in Central Kenya. I have studied up to standard eight and due to the family status I was not able to proceed to Secondary school, instead I decided to take a technical course where by, I trained tailoring and set up a tailoring shop at JUJA. I continued with this business for a period of one year and later realized that the business is not doing well.
I started on another business of selling UNGA maize flour, which is booming and giving me profit and due to that I have retained it to date.
My passionate is to set out goals high for other youths to emulate in order to change mind of many youths, to let them know that they can also be useful in economic development of our country because many have been indulging in drugs and drug abuse. It will always remain my obligation to repay any cent granted to me by my honorable lenders.

Thank you all, Thank you Zidisha.

My Business

My business is solely involved in selling Maize flour and other food stuff, I normally distribute to local retail shops and get profit which vary form the distance of various retail shops.
I am very passionate in doing this business because there is some returns on this investment, as I take it as a way of feeding the nation. I believe this business can assist me move to the next level in the business community and become a middle level business entrepreneur in the next 3 years, it is my sincere hope that I will later set up a small milling industry in this location "JUJA" because the demand is much bigger than even the supply due to the ever rising population, as JUJA is a developing city with a national university and other surrounding industries.
I hope if given opportunity I will honor my obligation of paying all my loan with due diligence.

Thank you all, Thank you Zidisha.

Loan Proposal

I will use the loan amount if awarded to expand my business and be able to buy more bags which in turn I will sell to retailers and get more profit that will improve my livelihood.
I believe no successful business man or lady who do business without taking a risk, Peoples like Manur Chandaria has once taken a loan which is a risk, but today he is one of the most successful business man in today's life.
I will also like to take this risk and seek a loan from my lenders, which I promise to pay back in timely manner and observe my due diligence.

Thank you all, Thank you Zidisha.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Mar 13, 2015

Repayment status

On Time

Projected term

2 months

Other loans

Lenders

G

GalantnostS

Hong Kong, Hong Kong

jmorris

Boston, United States

SeeMeeFi

Ontario, Canada

J

Jmatasovsky

United States

ThomasJosef

Berlin, Germany

A

adamdreaming

United States

M

mbarbier

United States

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