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 will buy 14 kilogram maize @4.71 USD that is each kilogram @0.34 USD.I grind maize into flour and sell @ 0.48USD per kilo to make 6.72 USD .I will have a profit of 1.92 USD.it will be of benefit to me because the 1.92 USD profit will add more stock of maize.The benefit will not be just to also to others because stock will be abit more to supplement customers needs.I will also share the zidisha idea so as to benefit others
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Loan Info
Project Type
Classic Loan
Disbursed amount
$5.00
Date disbursed
Feb 8, 2017
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
United States
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