Inventory of fertilisers, hybrid planting seeds for my shop

Geoffrey

Miti Mingi, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Geoffrey

Member since

August 2014

On-time repayments

279 installments • 67%

About Me

I come from a small family where my parents have brought me up well. I was born in the same village where I live today. I attended school up to Form 4 but couldn't afford to go further due to financial constraints.

I was employed in a nearby school as an untrained teacher with a meager salary of 25 US Dollars per month. After I gathered 500 US Dollars, I started a small business. As business picked up, I got married and later, was blessed with two kids. From the earnings of this business, I am able to cater for my family and partially support my aged parents. My first born is a boy, who will join class one next year. The way he tells their teachers how he will undertake extra classes inspires me to regain my hope of education for him as well as for myself. Sometimes, he sees me cycling a motorcycle and tells me that will be a pilot.

During my free time, I like reading inspirational books and also paying visits to nearby orphans.

My Business

My business is a general shop where I sell foodstuff including both consumable and non-consumable good. For example, I sell maize floor, sugar, cooking fat, cereals (maize and beans), umbrellas, shoes, padlocks, and so on. I like this kind of trade since most commodities are basic and compulsory to human beings for they cannot evade feeding. It is locally known as Babu Shop. I usually get substantial profit although it depends on seasons. My business has survived for six years and I am always optimistic that it will continue growing. There is competition but my customers like my shop because of standard price, availability of different commodities and good service. I also give some discounts . During promising seasons which are most, I even make a profit of 50 US Dollars per week which adds up to over 200 US dollars per month. From these earnings, I am able to keep good the life standard of my family and investing around with some little amount for the better future.

Loan Proposal

I would like to introduce planting inputs in my general shop. Rain here in Kenya is now expected any time between now and 15th this month. Farmers are readily set to start planting for they have already tilled their land well.Introduction of these seeds, for example Hybrid maize, hybrid beans, peas and fertiliser will help my customers so much since they have kept asking me to serve them with them . i plan to start with 60 packets of maize costing 235us dollars,20 packets of beans at 70us dollars,10 packets of peas at 50us dollars and 400 kilograms of fertiliser at 240us dallars.with. planting such hybrid seeds will ensure that we have good food security for this generation. I will also earn some good profit from this sale since I will enjoy some monopoly because the shop that sell such bring in small scale and for retail only. This return will help grow my business, improve the living standards of my family and many others. Thanks in advance.

Show original English

About Me

I come from a small family where my parents have brought me up well. I was born in the same village i am today, schooled up to Form 4 but couldnt further due to financial constraints. i was employed in a nearby school as an untrained teacher with a meagre salary of 25 US Dollars per month. after i gathered 500US Dollars i started a small business. it picked well after which i got married and we are so far blessed with 3 children,one boy and two girls consecutively. from the earnings of this business, i am able to cater for my family and partial support to my aged parents My first born is a boy who is in class 2.The other 2 are girls and the elder one is learning in a nearby nursery school.what inspires me more to regain my hope of education is the way he tells their teachers on how he will further his education in university to learn how to be a professional businessman like their dad..During my free time I like visiting the orphans and pupils in less previledged school like in photos shared in my page.

My Business

My business is a general shop where I sell foodstuff both consumable and non-consumable good - things like, maize floor, sugar, cooking fat, cereals (maize and beans), umbrellas, shoes, padlocks and so on I like this kind of trade since most commodities are basic and compulsory to human beings for they cannot evade feeding. It is locally known as Babu Shop. I usually get substantial profit although it depends on seasons. My business has survived for 10 good years and i am always optimistic that it will continue growing. There is competition but my customers have like my shop because of standard price, availability of different commodities and good service. I also give some discounts . During promising seasons which are most, I even make a profit of 150US Dollars per week which adds up to over 600US dollars per month. From these earnings am able to keep good the life standard of my family and I have built them a 4 roomed permanent house.I have also been enabled in paying school fees for my 2 children. Late last year,I constructed some 5 rental rooms in my plot too and they are giving me a rental income of 100 US dollars per month.All enabled by Zidisha loans

Loan Proposal

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Mary Jan 18, 2018

Repaid in full. Geoffrey has an excellent business plan for continued growth. I would recommend loaning to him in the future!

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- Geoffrey Jan 19, 2018
  
  Thanks a lot Mary for Discovering the potential in me and also trusting me with your loans.I promise to never ashame this great Team. I pledge to work hard to see most youths transform their hopeless livehood to better in the whole society. Thanks and I treasure you big time
  
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- Geoffrey Jan 25, 2018
  
  Good afternoon Mary..I appreciate your positive comment on my business flow.I have posted a new loan application and its lending has taken a trend,now 2% funded with 7 days remaining to expire...if in a position visit my page.Thanks in advance
  
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- Geoffrey Apr 5, 2018
  
  Thanks a lot my Great Friend from US,Mary I have been you are the first in lending my loan...Appreciate and treasure you big...hoping to get some other lenders
  
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- Geoffrey Apr 17, 2018
  
  Good evening Mary,I have made a new loan application. If in position lend me something. Thanks and be blessed
  
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