Green grams for my cereals shop

Victor

Mbokani Village, Kenya

100% repaid

Entrepreneur

Name

Victor

Member since

February 2014

On-time repayments

367 installments  •  72%

About Me

i was born in a small village called mbokani in 1988.i went to a local primary school and secondary school nearby where i did well and secured myself a place in the university where i did a B COM Degree in Accounting.having come from a background that was financially challenged my education career was at the verge of collapse but well wishers and the church intervened.I managed to do my degree.necessity is the mother of invention,through the difficult moment my family and I was in,I got a job in one of the wholesellrs shop in our local market as a shopkeeper. my salary was kes.15000.I used to save 2000per month and I did that for 6 months where I got kes.12000.I went and bought 4sacks of maize and 3sacks of beans that costed about 11800.I gave one bag of maize to my family for food.bucause I could not operate the business as a minor..I had to trade at our home.I would walk around the village marketing my products and within a short time I had daily customers. on makueni cereals such as maize,beans,peas,greengrams,sorghum, millet and others are the staple food for kamba community.with such stock..business moves.I have one daughter named mutanu who is ever smiling... she aspires to be a news anchor or a business lady.I love adventure with my family so much

My Business

currently i am running a small fleet of 3 motorbikes, and i also changed my business ventures from charcoal and cereals to spare parts business of the motorbikes.
my wife who is also my partner runs a boutique shop where she sells mitumba clothes. .i also run a taxi business where i earn an amount of about 30000 per month. Zidisha has really helped me grow and i think i will not have a challenge in paying the facility.the revenue i get from these business has helped mere add more stock,pay the loans, pay the few dues..i also pay for my sisters college fees and cater for my family needs

Loan Proposal

to begin with,I want to give my sincere appreciation to zidisha.my businesses is doing well.given this requested amount I Will continue adding more stock.I would like to buy some new products such as green grams worth USD 300.this product is currently very much in demand because of the many cafes that have been opened in the area and many learning institutions.i expect my profits to increase by around 60% ,because my business has been established now.it is stable so I expect smooth payment of the loan.with the current demand of cereals I will be able to get maximum returns from the sales.oh!just looking forwards to this funding.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$248.00

Date disbursed

Jul 25, 2015

Repayment status

On Time

Projected term

20 months

Lenders

Paul Buchheit

Mountain View, United States

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