46 installments • 41%
My nameis Moses Kariuki Kahiga I come from Karunga in Bahati North District. From Maili Saba Shopping center along Nakuru Nyahururu road you branch on your right from Nakuru then you go to a school called St. John Secondary then you go to Karunga Center from there ask for Murungaru Primary or ask for Ruguru Full Gospel church. Iam saved and am a deacon in the Full Gospel Churches of Kenya under Rev.Gitu. Iam married with two children we work hand in hand to raise our children and to give them best in live if possible.
I buy cereals during harvest season then I sell them after some time to make profit. I move from place to place in my home area to get the commodity and some people bring them at my home because I have a store. I buy beans as from the month of August and maize from the month of November. I buy wheat from the month of October .I later sell those goods to some school ,some individuals also come to buy them from the store from nearby and from far. This business gives me a profit of about 150000 annually. Iam also a farmer I grow crops in my farm for sell and for home consumption and from this I get in come of about 600000 also I keep cows and sell milk which gives me an income of about 50000 per year. So total annual income = 800000.
I would like to boost my cereal business given that everything is high in the cost the amount that I have will only be able to purchase less than I used to purchase when things are not costly. I would need more money to be able to purchase enough stock t o satisfy my customer and also have good profit. I would need bout 120000 to add to the stock I have. Thanks in advance.
Jul 22, 2013
Cost to entrepreneur
Lender interest: $1,186.29 at 9.03% annual rate over 24 months = $219.90
Service fee: $84.94