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
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Feb 23, 2015
Repayment status
Late
Projected term
25 months
Ask Olendasim a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.