George
Limuru, Kenya
100% repaid
Name
George
Member since
January 2014
On-time repayments
89 installments • 84%
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.
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.
The advancement given will enable me buy in bulk hence take advantage of wholesale prices.In my bakery the major challenge is cashflow problems especially when purchases are made daily.
The advanced money will sort that challenge and allow me to enlist retail clients who pay for their supplies weekly.
I have tested the market and confidently beleive that I will comfortably pay the loan,create a relationship with my lenders and later request their future support in my planned expansions.Baking is sweet and rewarding
Positive
9
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jan 22, 2014
Repayment status
On Time
Projected term
5 weeks
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