I will use the investment advanced to add to my cashflow and buy raw materials especially wheat flour,yeast and fat in b...

George

Limuru, Kenya

100% repaid

Entrepreneur

Name

George

Member since

January 2014

On-time repayments

89 installments  •  84%

About Me

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.

My 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.

Loan Proposal

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

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Jan 22, 2014

Repayment status

On Time

Projected term

5 weeks

Lenders

investor

Candiac, Canada

T

ToddK

Indianapolis, IN, USA, United States

B

Bavarian

Bavaria, Germany

M

Mårten

Inden, Switzerland

Giucca

Indjija, Yugoslavia

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