Loan to improve fresh fruits & tomatoes stock for my grocery

Entrepreneur

About Me

My name is Moses Otieno Wayoga, I was born in Kasgunga Ward of Homa Bay County in 1975 as the 4th born in a family of five. I have three sisters and one brother.

I started schooling in the early 80's, in a primary school known as Kirindo Primary School in Mbita, Kenya. My parents were religious and peace loving people. They were staunch Christians affiliated to Catholics. I used to help my parents with farming and household chores. I successfully completed my High School but did not proceed to College.

After high school education in 1997, I started searching for a formal employment but I was not lucky enough to get employed, therefore having searched for a very long time, an idea of starting my own business came into my mind. I had several ideas of my business to be, and after a long time in assessing and eliminating ideas I narrowed down to one the sale of cereals products.

Am currently owning a fresh vegetables and farm products shop at Mbita Open Air Market. The business is growing steadily and it is helping me to meet my family financial, food and children's education costs. I am married and God has blessed our marriage with 4 beautiful daughters.

I like community organizing and voluntary work to better the environment.

My Business

I am a small scale fresh on farm produce trader. I mostly sell to the ultimate consumer as my business has not expanded enough to make me a supplier.

I mostly trade in fresh green vegetables like kale, cabbages, spinach, tomatoes, onions, spinach, cucumber among others.. My business is doing very well and I have many clients for my fresh products.

My monthly revenue is averagely US$ 200 and comes purely from selling the vegetables. My monthly costs go up to averagely US$120.Giving me a profit around the neighborhood of US$ 80 per month. The profits I get from the business goes towards my savings, meeting my family's expenses and repaying the loan.

Loan Proposal

I need a loan of KES 19,052 to buy 3 cartons of tomatoes for re-selling at my food kiosk. The tomatoes commodity is in high demand now and the loan will help me to stock 6 cartons for re-selling. I will make a total of KES 2,000 profit per carton and 6 cartons will give me a profit of KES 12,000 per week. The loan from ZIDISHA will enable me to expand the business and repay the loan on time while meeting my family financial needs as I comfortably pay for my children education fee. I am happy for ZIDISHA for financing my business.

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