Maize and flour for posho mill

Grace

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Grace

Member since

January 2017

On-time repayments

18 installments  •  33%

About Me

I was born in Western part of the country but lives in Rift valley:at a place called Nakuru.l schooled at a public primary school because my parents could not afford private one.I later joined a neighborhood secondary aand later also joined teachers college.I have overcome hardship to achieve an important goal in my life by working hard and also by perserviance and just focusing on the goal no matter what it takes or challenges hence achieved my goal.l started my own business after being a frustrated primary school teacher by getting low salary which could not supplement my needs.so I saved my small earnings and took a loan and started the business. I love the land where I live and the people's culture where I live.The people like hospitality and to learn new ways from visitors or other cultures.I have one girl who aspires to be a doctor when she grows up,after she passed a health problem and later overcame the problem. I very much like reading educative article and googling to know more in my pass time.

My Business

My business is food oriented,in that I have grade one and two posho mills. I sell different types of flour according to the different community preference.I also sell cereals and grains and am planning to add animal feeds if I get some money.I prefer this business since the goods are edible and used daily by people hence the demand is high.This business needs at least fifty thousand to be fully stocked and you get atleast Thirty thousand monthly return.I normally used the profit to reinvest in business and add what I don't have bit by bit

Loan Proposal

I really want to thank my lenders for full support given to me from the time I joined zidisha.I may say its a wonderful experience with zidisha for they keep their word.This is my second loan I started with slow amount and am hoping for higher levels.I am applying for for a loan of 7.62 USD which I will use to purchase maize 20 kilogram each at 0.39 USD,then i will sell each kilogram at 0.58 after grinding it to flour.This means that i will get a total of 11.60 USD,hence my profit will be 3.98 USD.From the figures above it shows that there is abit of improvement unto my business which I really appreciate after all Rome wasent built in a day.This loan will not only benefit me but society at large my friend and family.For am going to create awareness to them because i have realize that it is not a scam but real.Those who will like the idea I will be more willing to take them through. It will also be of help to other especialy my customers will be able to get enough goods.This loan is for my business and as it is after getting it I expect it to increase my profit by 1% and i can say its a step ahead especially when added to my previous stock. I will use this profit to add more stock even if it will be small i believe it will be able to grow bit by bit.sob i will be adding stock and paying the loan which will help pay the loan on time.once again thank you my lenders for your concern to help others

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$8.00

Date disbursed

Apr 20, 2017

Repayment status

On Time

Projected term

6 weeks

Lenders

MarktheMormon

Sandy, Utah, United States

T

TP

United States

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

Loading...

Loading...

Loading...