Maize for my shop
Michael
Mtwapa, Kenya
$0 to go
100% funded of $24 goal
0
days left
Entrepreneur
Name
Michael
Member since
November 2016
On-time repayments
52 installments • 54%
About Me
My name is Michael Mbega. I went through primary school at Mtwapa Primary and later joined Msumarini secondary school where i completed my form four education.
I could not proceed further in education due to financial challenges at home. I got employed at a whole sell shop in Mtwapa. from that job i gained experience in doing business.
My Business
I started a small shop.with various commodities in my neighborhood. I sell Soft drinks, Candy, Biscuits and i also sell beef meat.
Its very hot in Africa most of the town and especially here at the coast of Kenya. so people use soft drinks often to some how cool the temperature and i found out that in my neighborhood there were few shops for such drinks.
The children at my village dont have access to big candy shops in town so i decided to bring such things closer to the so that they can enjoy as well.
I sell beef meet as source of food in our homes.
Loan Proposal
I will buy maize for 20 Dollars and take the maize to a posho mill for grinding.
With the maize flour to sale at my small shop i will have a cheaper flour for the customers than the packed flour.
I expect to increase my profit by 10% atleast on top of what i make.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$24.00
Date disbursed
Mar 17, 2018
Repayment status
Late
Projected term
3 months
Other loans
Lenders
Toronto, Canada
Johannesburg, South Africa, United States
Mill Valley, California, United States
United States
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