Money to increase maize stocks for sale

Olendasim

Kitale, Kenya

4% repaid

Entrepreneur

Name

Olendasim

Member since

February 2015

On-time repayments

109 installments  •  1%

About Me

About Me

My name is Olendasim Reuben Kogo. I come from Moisbridge - Uasin Gishu County. I am a degree holder in B.B.I.T. When i completed my course i started working as a casual labourer at Kenya Seed Co. Ltd, still searching for Embloyment,as you know unemployment in Kenya is extreemly high these days, the salary i earned was too small.
Therefore decided to start my business where I saw the need to buy cereals mostly maize, selling to maize brookers in small quantities at some profit. I have increased amount of maize bags steadily in past years. The business is now two years old and still growing

My Business

My Business

The business is located in Moisbrige Town Kitale-Eldoret Road near Matunda where buying of cereals is the centre of interest. My operation in business is two years now and trying to achieve much within this short period. Am currently getting tender to supply maize to major towns amoungest being Eldoret and Bungoma Town. This has given me morale to even grow bigger in future.

Loan Proposal

Loan Proposal

The money I need is to help me with cash flow I need to increase amount of maize i buy from locals.I believe With Your Funding, i will be able to increase stock thus increased market and high profit returns.
All the loan will go to buying maize to increase my stock. This business is good and I trust am going to grow way far with this Business. Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Feb 23, 2015

Repayment status

Late

Projected term

25 months

Lenders

P

Philippe

Adliswil, Switzerland

mepster

San Francisco, Ca, United States

Info3

Frankfurt am Main, Germany

Lou Kaucic

Sanbornton, NH, United States

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