Inventory of maize and beans for my cereal shop

Peter

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Peter

Member since

May 2014

On-time repayments

36 installments  •  58%

About Me

I am Peter Owuor, Kenyan citizen with a Diploma in Sales and Marketing . I am the fourth born in a family of eight siblings. I live in Komarock estate in Nairobi and I started this business to enable myself to take care of myself, my family and my siblings. I have managed to purchase a motorbike to help me with transportation of this cereal from where I make the purchase and also assist me in delivery to customers according to their wishes in order to sustain them, besides that I have also purchased some households. My hobby is watching football.

My Business

I will pay back this loan with interest made from my business. I will be selling maize and beans to my customers and I expect to make a profit of around USD48 per month with the loan. There is high demand for my goods because my price is very affordable. My customers prefer my business compared to my competitors because I usually cooperate well with them and they also like my service delivery since I offer them door delivery to my customers who have made purchase of 20kg and above. My business is profitable because I have many customers and my business is also a basic need that human being cannot easily do without. My business faces a risk of insecurity and I have overcome this by employing a security guard. My monthly cost is USD705 and my sales is USD908.

Loan Proposal

I will use this loan to purchase beans and maize to boost my cereal business. This loan will enable two purchases; two bags of maize of 180kg and two bags of beans of 140kg. This four bags will benefit me with a profit of USD48 per month. I am requesting lenders to help me make the purchase because currently am not able to increase that stock by myself. Thank you.

Show original English  

About Me

Am Peter Owuor, Kenyan Citizen with a Diploma in Sales and Marketing . Am the fourth born in a family of eight siblings. I live in Komarock estate in Nairobi,I started this business to enable take care of myself,my Family and my siblings.have manage to purchase a motorbike to help me with transportation of this cereals from where I make the purchase and also assist me in delivery to customers according to their wishes in-order to sustain them,besides that have also purchase some households.My hobby is watching football.

My Business

I will pay back this loan with interest made from my business.I will be selling maize and beans to my customers I expect to make a profit of around USD55 per month with the loan.There is demand for my good because my price is very affordable to my customers.My customers prefer my business compared to my competitors because I usually operate well with them and they also like my service delivery since I offer them door delivery to my customers who have made purchase of 20kg and a above.My business is profitable because I have many customers and my business is also basic need that human being cannot easily do without.My business faces a risk of insecurity and I have mitigate this by employing a security guard.My monthly cost is USD705 and my sales has increased to 908USD.

Loan Proposal

I will use this loan to purchase beans and maize to boost my cereal business.this loan will enable to two purchase two bags of maize of 180kg and two bags of beans of 140kg.This four bags will benefit me with a profit of USD48 per month.Am requesting lenders to help me make the purchase because currently am not able to increase that stock by myself.

Feedback

2

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Jul 5, 2014

Repayment status

On Time

Projected term

3 months

Other loans

Lenders

KYLE LARSON

Little Falls, United States

E

elkbrett

Bradenton, United States

B

briansedz

Canton, Ohio, United States

IM

Isak Maaseide

Tromso, Norway, Norway

B

bek88

Fairview, United States

MDILLENB

Aschaffenburg, Germany

Sarasota

Sarasota, Fl, United States

Matching Fund

Sterling, United States

D

DandS

United States

Leonardia

Waddinxveen, Netherlands

Ask Peter a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...