Inventory of more stock in my posho mill

Martha

Nakuru, Kenya

52% repaid

Entrepreneur

Name

Martha

Member since

February 2015

On-time repayments

53 installments  •  8%

About Me

My name is Martha Chesang, i was brought up in a humble background at Nakuru Mogoon village went to Mogoon primary ,longisa high school then later after working as an untrained teacher and as a small scale farmer and was able to raise fees and went to Teachers trainning college.
After College i couldn't get a job and with the help of my parents i raised some capital and ventured into a posho mill business

My Business

My business is located in Mogoo village Nakuru town,Kenya.I started operating my posho mill in the year 2013.I started my business with a capital of Ksh25,000.My business deals with grinding maize and millet and i sell it in grade 1 and 2. The business is licensed and issued with a single business permit(annual license) and it is located strategically close to my customers.In a day i can serve more than 100 different customers because maize floor is a staple food in Nakuru.
In a clean month i can make a net sales of ksh.30,000.After i add more stock of ksh.15,000,pay my business permit of ksh.360,pay my home rent and electricity bill.I am left with a clean Ksh.3,490,being a net profit.
In a way of the zidisha microfinance supporting my business,i will be able to make good sales and i will also make good profit which will sustain my family living standards and also i will move to a permanent building and expand my business.Thank you Zidisha team

Loan Proposal

Given the first loan i will use it to restock more goods in my posho mill by including grinding of millet flour and sorghum floor in addition of the maize flours. Furthermore i will move to a larger room to accomodate the large number of my customers who increase daily. With this i will able to make a daily profit of USD 40 - USD 60.
Thanks to Zidisha

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Feb 9, 2015

Repayment status

Late

Projected term

12 months

Lenders

J

johan

Oslo, Norway

torelizer

Reggio Emilia, Italy

P

Philippe

Adliswil, Switzerland

L

lmuenchen

Munich, Germany

R

rcmssr

Woodbury, United States

BJ

Brandon Joz

North Carolina, United States

Jeff and Marcie

Portland, OR, United States

T

tmsaddress

Orlando, Florida, United States

indeh

London, United Kingdom

G

GrandmaMae

Wausau, United States

thomas2666

Brisbane, Australia

Janet Merrill Miller

The Mossy Pacific Northwest, United States

MW

Matt Willis

United States

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