Entrepreneur

About Me

I am koskei k. wesley.I am a student of Ksii University persuing actuarial science course. I am in fourth year and expecting to clear my undergraduate by May 2014.my home place is kiptenden village,kapkwen location of kericho county in kenya.I am a christian from a humble background.I started my business so that it can assist me in financing my education.I have done this over the last years successfully.Since I come from a humble background i am always in need of school fees and i have struggled to innovate new ideas that can assist me maximize the return from the market as well as satisfying the customer demands.My business entails buying and selling farm products especially milk.I have always been keen in monitoring the market trends to ensure that my venture remains viable throughout.

My Business

I am planning to expand my personal business of buying and selling farm produce to include eggs.This is because of increasing number of farmers who have ventured into these projects of cattle and chicken rearing(dairy and poultry) and in the other hand the increasing urbanization in the sorrounding areas which needs a middle person of which i have decided to occupy.my customers prefer my goods since they are available in time and at an affordable price which are market consistent.My business is profitable since the goods are easily turned into cash within a short period meaning that the storage cost is not incurred hence the profit is maximum.The risk is just changes in weather conditions which affects the production but this is not great.The costs incurred are the transport costs and the costs incurred in paying my workers who collects the products.I get the profits per day since the we usually collects the produce in the morning and by the evening we will have distributed all to our customers.I therefore i believe that the zidisha loan will enable me expand this business.

Loan Proposal

I am so gratefull you have activated my loan profile and have accepted to be part of your membership. I will be using the loan to increase my farming business by buying more inputs. I will buy seeds worth ksh 7000 and the rest use to buy fertilisers. I will be updating you on the progress of the project and i promise to repay back the loan in full and in time without failing. I welcome all the lenders to finance my project and together will achieve our dream.Thanks in advance.

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