Producing flour from local maize

Benson

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Benson

Member since

April 2015

On-time repayments

248 installments  •  69%

About Me

I was born in a family of five children compromising of four boys and one girl.I am a fourth born.I went to my primary education but when itinto secondary education my father passed away .since he was the bread winner I was forced to drop from school due to lack of school fees.
This became a challenge to me since no one of my family could raise my school fees.i was forced to to look for casual labour here and there.The little I got I paid my school fees until I completed my secondary education.
since I couldn't raise university fees I opted to continue with casual labour savings a little .
With time I had saved enough to purchase a motorbike taxi to operate in the village where modern form of the transport is not available.
my little boy wish to be a journalist particularly a news reporter .reading novels and making new friends makes my past time

My Business

I have now ventured into transport business where by am operating an online taxi service as a taxidriver.
But am short of finance to smoothly run this business efficiently,thats why am coming to zidisha to beg for a loan .With the loan I will inject into this business to acquire all the documents needed by authority by doing this I will be able to carry out the business without fear of arrest or intimidation by authority...To secure my business I intend to use the remainder to install a security camera and an alarm device in the vehicle.Not forgetting to insure the vehicle against accident and theft.

Loan Proposal

Being granted this loan I will use it to buy maize cereals in for my poshomill shop.within the neighbouring state it is harvesting season which means I will be able to buy a90kg bag at around 25$.which when transported to my region it sells at 35$ per bag.
Otherwise I can milled the maize and sell it as flour .A packet of flour cost about 10$ .which is more profitable.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$300.00

Date disbursed

Sep 5, 2017

Repayment status

Late

Projected term

45 months

Lenders

JimVandegriff

Trinidad, California, United States

Freewolf

Salt Lake City, United States

bb4dogs

United States

Angelos

Nicosia, Cyprus

Emma

Australia

MC

United States

Ed

Howells, United States

Paul Buchheit

Mountain View, United States

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