Maize inventory

Janet Ogweno

Kilgoris, Enoosaen, Kenya

100% repaid

Entrepreneur

Name

Janet Ogweno

Member since

March 2014

On-time repayments

85 installments  •  59%

About Me

My names are Janet Awuor Ogweno born in a family of six, three boys and three girls. i was born in the year 1983/Dec/23 in kisii district and am the third born in the family i’m married with two kids and based in narok county.im a business woman by profession and major mostly in cereal, (majorly maize).I do maize business because it sells faster and can be local found in our area, though it does not fetch a lot of profit but you are sure of what you will get as your profit.

This business enables me to get daily expanses fo my family and also to enable my children to go to school.

My Business

I am a Business woman majoring on cereals (maize) I have my own maize store which I run personally, In this business mainly the demand is high during school season as most school purchase for meals to school pupils and to individual customers for their families, the profit that I make from this business will enable me to repay loans.

In my business the major challenge I face is transportation of maize to the store during rainy season due to bad road conditions.

Through my Business am also able to pay revenues to the municipality councils, my store rent to my landlord and other miscellaneous expanses when am stalling my store as I cannot do it myself through this process i hire some men's around to help me to do this and also offloading.

Loan Proposal

I would wish to thank and appreciate the entire zidisha group for money they loaned me, which helped me to boost my business in the past there months. I appreciate and very much thankful. I wish to apply for another loan now that we are in a maize harvesting season so that I can buy and stock maize. I m planning to stock 20 bags of maize and the capital at hand cannot make me reach my target. I will appreciate if zidisha will loan me again to increase my inventory stock of maize of which my interest will increase my business. Each bag of 90kgs is KES 2,700 x 20 bags of maize, total of KES 54,000 estimated to 621 US Dollars Addition to other expanses like transport and loading activities. Approximately KES 10,000 of 115 US Dollars. I hope zidisha will continue with their good work of supporting and empowering young businesses entrepreneurs to grow. I will also be competent and prompt in all my repayments.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$282.93

Date disbursed

Sep 18, 2014

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Lender interest: $282.93 at 6.10% annual rate over 2 months = $3.65

Service fee: $2.17

Lenders

valentin

Stockholm, Sweden

D

dkapplerb

Toronto, Canada

S

SarahJoy

Peterborough, Canada

G

geoffk

Brisbane, Australia

A

awecz

Prague, Czech Republic

L

Lemon

Switzerland, Switzerland

DavidRisstrom

Melbourne, Australia

G

graememoss

Amsterdam, Netherlands

Erica

Caledon, Canada

P

planespotter

Berlin, Germany

fairspirit

Utrecht, Netherlands

D

DavidJSmu

North Attleboro, MA, United States

Sarasota

Sarasota, Fl, United States

Matching Fund

Sterling, United States

M

madeleinec

United States

S

stryker75

United States

LouisB

ZIDISHA, Mozambique

J

JessicaAna

Maputo, United States

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