Increase stock of grains, seeds and nuts for sale

Tene Kadiatou Traore

Banfora, Burkina Faso

100% repaid

Entrepreneur

Name

Tene Kadiatou Traore

Member since

October 2013

On-time repayments

30 installments  •  70%

About Me

My name is Kadiatou T. Traore, my friends call me Kadi. I was born in Gaoua, in the Poni province, part of the Southwestern region of Burkina Faso. However, I grew up in the region of waterfalls, specifically in the city of Banfora. It is also in Banfora that I started going to primary school in 1998. I obtained my first degree in the primary school of Flantama in 2004 in order to get into middle school. Thereafter, I went to the Saint Theresa High School of Banfora but I stopped during the last year of high school. I am the eldest of a family of four, and I am not yet married and do not have any children.

My Business

In relation to my activities, I am employed as a salesperson. I sell several types of grains, seeds and nuts, such maize, shea seeds, sesame, and cashews. This is a very difficult job that requires physical strength, so I am helped by a cousin who goes to the villages around Banfora, such as Mangodara, Torokoro, Madiasso, etc. to select products, buy them and transport them to Banfora. Once the merchandise is there, I stock it in a shop I am renting and I sell it wholesale to retailers and retail to other customers. This business is going well because I make a profit of 1,000 francs on every bag of maize, 750 francs on cashews and often 1,200 francs on shea seeds. A loan would enable me to buy more inventory at a good price and avoid problems resulting from products being out of stock.

Loan Proposal

Dear lenders
As an activity, I am a merchant. I sell several types of grains including corn, shea nuts, sesame, cashew. This is a very difficult activity that requires physical strength and for that I got assisted by my cousin who makes the trip in the surrounding villages of Banfora as Mangodara, Torokoro, Madiasso .... with a view to identifying , pay, collect and find a truck to transport up to Banfora. Once the goods are there I proceeded to storage in a warehouse that I rented and I make the sale is wholesale from select retailers or details for all consumers. It is an activity that works well because I realize $ 2 USD profit in the bag but sold $ 1.8 USD profit on the bag of cashews and often profit $ 2.5 USD for a bag of shea nuts sold . Given my limited resources, funding of $ 450 USD which I seek from you will allow me to pay for benefit and alleviate the problems out of stock. thank you

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About Me

Traore T Kadiatou a l’état civil, mes amis m’appel Kadi. Je suis née a Gaoua dans la province de Poni et fait parti de la région du Sud Ouest du Burkina mais c’est la région des cascades précisément la ville de Banfora qui ma vu grandir; c’est également a Banfora que j’ai commencé mon école primaire en 1998 et obtenir mon premier diplôme pour le secondaire en 2004 a l’école primaire Flantama. Par la suite j’ai continue au lycée Sainte Thérèse de Banfora et me suis limité en classe de Terminale. Je suis l’ainée dune famille de quatre membres et je ne suis pas encore marié et sans enfant.

My Business

Comme activité, je suis employé de commerce. Je vends plusieurs types de céréales notamment le Maïs, le noix de karité, le sésame, l’anacarde. C’est une activité très difficile qui demande la force physique et pour cela je me suis fait assisté par mon cousin qui fait le déplacement dans les villages environnante de Banfora tel que Mangodara, Torokoro,Madiasso.... dans l’optique de repérer , payer, rassembler et chercher un camion pour le transport jusqu’a Banfora. Une fois que la marchandise est là je procède au stockage dans un magasin que j’ai loué et j’effectue la vente soit en gros auprès de certains revendeurs ou en détails à tous les consommateurs. C’est une activité qui marche bien car je réalise mille francs sur le sac de mais, sept cent cinquante francs de bénéfice sur l’anacarde et souvent 1200 francs sur le noix de karité. Un financement va me permettre de payé davantage et de pallier aux problèmes de rupture de Stock.

Loan Proposal

Dear lenders
As an activity, I am a merchant. I sell several types of grains including corn, shea nuts, sesame, cashew. This is a very difficult activity that requires physical strength and for that I got assisted by my cousin who makes the trip in the surrounding villages of Banfora as Mangodara, Torokoro, Madiasso .... with a view to identifying , pay, collect and find a truck to transport up to Banfora. Once the goods are there I proceeded to storage in a warehouse that I rented and I make the sale is wholesale from select retailers or details for all consumers. It is an activity that works well because I realize $ 2 USD profit in the bag but sold $ 1.8 USD profit on the bag of cashews and often profit $ 2.5 USD for a bag of shea nuts sold . Given my limited resources, funding of $ 450 USD which I seek from you will allow me to pay for benefit and alleviate the problems out of stock. thank you

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Loan Info

Project Type

Classic Loan

Disbursed amount

$223.86

Date disbursed

Oct 16, 2014

Repayment status

On Time

Projected term

5 months

Cost to entrepreneur

Lender interest: $223.86 at 4.64% annual rate over 5 months = $5.05

Service fee: $4.58

Lenders

canadianlstan

Toronto, Canada

Tilius

Oslo, Norway

HansLindgren

Uppsala, Sweden

N

nodogosi

Espoo, Finland

Treesforpeople

Oxfordshire, United Kingdom

S

seikatsu

Palo Alto, CA, United States

dlpringle

Denver, United States

Kamil

Lidzbark Warminski, Poland

Noemi

Germany

M

marcof

Netherlands

Vesa

Helsinki, Finland

Mikers

Netherlands

K

KiraDee

United States

TheGoodData

London, United Kingdom

begood

United States

J

jamdal

Australia

C

cenda

Australia

M

mbarbier

United States

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