Entrepreneur
Name
Purity
Member since
July 2012
On-time repayments
10 installments • 100%
About Me
i live in riboti village in elburgon where i settled after marriage.We bore 5 children.all children have gone to secondary school and one reached teachers college. My husband passed away in 1978 and left me a poor widow.I then struggled to do business of farming to raise income to bring up my children ,that is when the children were youth.myself i learnt up to std 7.After my husband's death i chose
My Business
MY BUSINESS IS CROP FARMING AND SELLING PRODUCTS E.G.MAIZE,BEANS,POTATOES.BEANS AND POTATOES ARE HARVESTED AFTER TTHREE MONTHS.THEN I SELL TO BUYERS WHO COME HOME BUYING.I also keep chicken to supplement our diet and sell;l some eggs that raise dairy bread.In the neighbourhood there are large flower farms accommodating about 5000 workers.thus there is greater demand for maize and beans than supply.Given loan i will stock maize and beans to make more profit.
Loan Proposal
I will buy six ninety kg bags of beans and four bags of maize and sell to local markets to earn profit.All the cereals will cost a total of kenya shillings forty thousand and the remainiong one thousand shall be for registration fee with Zidisha.part of the profit will service the loan while part of it will meet my domestic use.The business capital will be rotated to scale up the business.After the loan repayment I will use the interest to expand the business.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$495.00
Date disbursed
Sep 25, 2012
Repayment status
On Time
Projected term
11 months
Lenders
Austin, United States
Dallas Texas, United States
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