Help me acquire a reliable prover to reduce loss and increase capacity
George
Limuru, Kenya
100% repaid
Entrepreneur
Name
George
Member since
January 2014
On-time repayments
89 installments • 84%
About Me
I'm a passionate entrepreneur who continually seeks for opportunities for growth.
I chose the food sector owing to the fact that food is non seasonal and a mandatory item on the family budget.
Currently, I'm doing farming with an aim of combining farming and agricultural products supply in the near future.
I'm seeking a partnership with lenders from the Zidisha forum for now and in the future expansion of this promising business.
My Business
Currently, I have diversified into farming. Agriculture is an evergreen industry and is the backbone of my country's economy.
People must eat irrespective of the economic conditions of the time.
Peas have a huge demand in Kenyan towns especially in Nairobi and Mombasa. I have started farming this economically sustainable crop in Nyandarua County which is one of the main peas-producing counties due to the cold climate that suits the crop. Since there are many farmers here, market is readily available because resellers are guaranteed a supply of peas all year round.
Nyandarua is also moderately populated and this ensures availability of agricultural land for lease.
I have the technical know-how and the passion for success in Agriculture. I hope to utilise the funding I get from zidisha to gradually expand my farming enterprise.
Loan Proposal
Thank you for your continued support.
In a country with a bias towards payslips for financing,your lending can never be overestimated.
My business is bread making.
In this business proving is a vital process that has direct impact on taste and volume of the produced bread.
My current prover tends to overheat killing my yeast before I achieve the maximum volume that appeals to my target group of customers.
With a modified prover,I will have a guarantee on taste and volume.
With guaranteed product quality,I will be sure to maintain my customer base and also capture new markets.
A modified prover with a capacity of 50 loaves per shifts will cost me USD 460.
I assure my lenders that their help will go a long way in shaping my entrepreneurial journey and will always be appreciated.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$441.00
Date disbursed
Jul 26, 2014
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
Mohnton, Pa, United States
New Zealand
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