Increase maize stock

Entrepreneur

About Me

I am Anthony Katua, a Kenyan born way back in the year 1997. I live and do business in the Meloreni area of the larger Subukia. I am trained in mechanical engineering at a local college. This did not help me in securing a good job. I therefore, driven by desire to live a decent life and make a living, decided to start a business.

This business has been doing fine, and most of the time I am just in my business ensuring that it runs smoothly. My wife also assists greatly in running the business, as when am not in the business she takes over. Sometimes I do go out to meet customers and negotiate for orders. Besides doing business, I do read a lot, particularly materials that are inspiring and encouraging. I also like watching football.

My Business

I do own a posho (maize flour) mill that I started with help of my elder brothers and sisters. The posho mill does well, and at times I do sell flour and maize germ for farmers around.

The business is doing well, though recently there was a shortage of maize around due to low rainfall and maize disease that affected many farmers countrywide. This impacted high on supply and many businesses were down. In the months of August to January, the business does well since there is abundant supply.

Currently we have a crisis in Kenya at large, since maize flour (or unga, as it is commonly known) is in shortage. The rains have failed this year and it's going to be worse if something is not done.

Loan Proposal

In this second loan, I will look for more stock of maize, at the moment there is a very high shortage of maize forcing the government to seek imports. I require about USD 500 to ensure that I purchase more maize at the moment since the price is increasing and I fear my stock will run out. With adequate stock i will be in a position to supply to my customers and possibly reach new markets.

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