Inventory for maize grains

Janet Ogweno

Kilgoris, Enoosaen, Kenya

100% repaid

Entrepreneur

Name

Janet Ogweno

Member since

March 2014

On-time repayments

85 installments  •  59%

About Me

My names are Janet Awuor Ogweno born in a family of six, three boys and three girls. i was born in the year 1983/Dec/23 in kisii district and am the third born in the family i’m married with two kids and based in narok county.im a business woman by profession and major mostly in cereal, (majorly maize).I do maize business because it sells faster and can be local found in our area, though it does not fetch a lot of profit but you are sure of what you will get as your profit.

This business enables me to get daily expanses fo my family and also to enable my children to go to school.

My Business

I am a Business woman majoring on cereals (maize) I have my own maize store which I run personally, In this business mainly the demand is high during school season as most school purchase for meals to school pupils and to individual customers for their families, the profit that I make from this business will enable me to repay loans.

In my business the major challenge I face is transportation of maize to the store during rainy season due to bad road conditions.

Through my Business am also able to pay revenues to the municipality councils, my store rent to my landlord and other miscellaneous expanses when am stalling my store as I cannot do it myself through this process i hire some men's around to help me to do this and also offloading.

Loan Proposal

Hi to all lenders
I m planning to stock 4 bags of maize and the capital at hand cannot make me reach my target. I will appreciate if zidisha will loan me again to increase my inventory stock of maize of which my interest will increase my business. Each bag of 90kgs is KES 2,800 x 4 bags of maize, total of KES 11,200 estimated to 125.090 US Dollars Addition to other expanses like transport and loading activities. Approximately KES 2,000 of 22.3376 US Dollars. I hope zidisha will continue with their good work of supporting and empowering young businesses entrepreneurs to grow. I will also be competent and prompt in all my repayments.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$143.22

Date disbursed

Jan 16, 2015

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Lender interest: $143.22 at 5.48% annual rate over 3 months = $2.16

Service fee: $1.46

Lenders

G

graememoss

Amsterdam, Netherlands

F

Frenchie

Johannesburg, United Arab Emirates

dmirpuri

Bangkok, Thailand

S

samanthaellen

United States

D

Desteli

United States

H

HLCharityFund

United Kingdom

R

rwebb

United States

Grant Xavier Storer

Seattle, Wa, United States

R

reganbrian

United States

M

markl

Australia

Hoops

United States

M

Marielle

United States

A

aajmp

United States

M

MarkA

United Kingdom

KM

Kirsty M

United Kingdom

Eric

Detroit, MI, United States

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