I will use 4000/= to get more bags for my stock since the season for the year is yet to arrived and i will be needing th...
Beryl
Bumala, Kenya
100% repaid
Entrepreneur
Name
Beryl
Member since
January 2014
On-time repayments
139 installments • 56%
About Me
Am beryl Hilda waka .I was born and grew up and live in Busia town. I schooled at st. Matthias high school.
after school I started a business of selling cereals from farming homes and selling them to at the market on my own .the business to help me and my mother to keep life going on .from these business I have been able to pay may fees since my mother has been having a challenge of life.i was able to start business from my small pocket money had saved plus the support from my mother and the soft loan got from my uncles I started these while I was in form 4.
I started the business with ksh.15,000 which I started t with 4 sucks of maize at 2,500 I did these at Matayos market .after school I had raised enough money that I was able to get to town and secured a place Busia market . I had a lot of customers that encourage me and know am proud because I know by maize from Kenya and sell in Uganda market.
Currently I have a stock worth 100,000 which is so impressive to me which has give the hopes of getting these loan to so as to increase my stock.
My Business
I started the business so as to create job opportunity after school and to be able support my family. I I buy and sell cereals from Kenya to Uganda sofia . my office located at the border at busia communication house on grown flow the last door.
I sell maize, beans and green grams .The demand is high the fact that Busia is situated in Kenya Uganda border so most of my customers are those who want to cross the border especially those who clear the vehicles and these their people who works here in town.
My business is profitable because I have so many customers so the more I serve the more i earn especially those from schools . The challenge am facing is just lack of capital to expand my business the demand is high than I have. and also to get a bigger store for my goods.
My monthly usage is as follows KES 60,500 transport ,KES 500,000 for the stock and 200, 000 for other expenceses like buying sucks .profit ranges from KES 40,000-45,000 per month. The loan i will used to modify my business and its the business that will repay the loan. And with these I will be able to support myself and family with less stress.
Loan Proposal
I want to personally thank the zidisha at large for the chance they are giving me to keep my business going I will get a big bust from these loan since from these I will meet my needs to keep the business going. I will through these loan I will be in great position to clear some of the challenges I like I will repair my store since my store stands have broken and these tears my bag
From these loan I will use 4000/= to get more bags for my stock since the season for the year is yet to arrived and I will be needing these for my knew stock .I will use 4000/= to get my stock the proper mechanism to store my goods the rest I will be in position to renovate my store
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Jan 29, 2014
Repayment status
On Time
Projected term
5 weeks
Other loans
Lenders
Lahr, Germany
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