Boniface

Thika, Kenya

100% repaid

Entrepreneur

Name

Boniface

Member since

July 2013

On-time repayments

28 installments  •  0%

About Me

I am a 25 year old Kenyan Citizen. I am the last boy and the only son in a family of three. My Mother is a single parent and sells second hand clothes in Thika Mukiriti Market.
I live in Thika's Ofafa Estate behind Canopy Inn. I live with my mother as my two sisters, Beth and Agnes live on their own.
I sell roasted and boiled maize just outside our home. I started my business after clearing High School. I purchase the maize from Makongeni market which are fresh from the farm. I go to the market as early as 5am so as to get the best maize and cheap in price.
One maize goes for Ksh. 5 and after either selling or roasting it goes for Ksh. 20 to 30.

My Business

I sell roasted and boiled maize just outside my home at Ofafa Estate behind Canopy Inn. I work from Monday to Saturday from 2pm to 9pm.
Many people prefer my maize from the rest because I ensure that they cook to the customers specifications. Also, I sell to them soft maize that is normally sweet to taste. Additionally, I have pepper and lemon that is used to spice up the maize.
In a day, I make around Ksh. 500 to 700.
The risks involved in the business include fluctuation in maize prices.
Maize business is booming in Kenya as even its the staple food in the country. When planted, Maize grow well as the climate in many parts of the country especially in the Rift Valley and Central provide conducive environment for the maize to grow. This makes it easier for the business as continued supply is guaranteed.

Loan Proposal

Hi Zidisha Family.
Thanks for granting me the opportunity to seek my first loan.
i will use the loan to add my stock of maze which is ksh. 3000. The remaining ksh. 4500, will use t to buy well equipped maze charcoal burner that will ensure that the roasted maze doesn't smell smoke. Also, will purchase a bag of charcoal especially now that a bag is cheap.
also plan to incorporate selling roasted potatoes and will purchase a drum of potatoes and see expand my business to a greater variety.
Through Zidisha, will be n a position to realize my dream and n the long run educate myself.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Aug 6, 2013

Repayment status

On Time

Projected term

28 months

Lenders

rickytherhino

Decatur, United States

H

hugh1

Co Kerry, Ireland

JimVandegriff

Trinidad, California, United States

P

penguin3694

Chicago, United States

yosefchayim

Bournemouth, United Kingdom

Argyris

Los Angeles, United States

Bill2073

Florida, United States

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