Entrepreneur
Name
Rebbecah
Member since
September 2012
On-time repayments
13 installments • 54%
About Me
My name is Rebbecah Njambi. I come from Wendo centre, Nakuru County where I reside. Wendo is approximately 1o Km from Nakuru Town on your way to Nyahururu where you aright at Maili Saba and take a murram road towards St, John Primary School then Karunga trading centre then Kururi. You ask for SK. I am married and a father of 2 children. I am a business lady who deals with poshomill .
My Business
I buy 200 bags of maize and 100 bags of wheat during the harvest time which I get with low prices hence I get enough supply throughout the year. One bag of maize cost at 1500 thus spend about 300,000 and one bag of wheat cost 2000 thus spend 200000 for wheat giving a total expenditure of Kshs. 500000. I later grid them maize and wheat through the year and sell I bag of maize flour at Kshs. 4500. It gives me about Kshs. 2500. In wheat I sell one bag of wheat flour at Kshs. 3000 and gives me a profit of Kshs. 1000. In total I get approximately Kshs. 500,000 annually
Loan Proposal
I will use the loan funded to boost my cereals business where by i will buy more bags of maize and wheat during this harvesting season and sell it later at a good profit.I will use the loan funded to boost my cereals business where by i will buy more bags of maize and wheat during this harvesting season and sell it later at a good profit.I will use the loan funded to boost my cereals business where by i will buy more bags of maize and wheat during this harvesting season and sell it later at a good profit.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Sep 30, 2012
Repayment status
Late
Projected term
15 months
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