Entrepreneur
Name
Baya Tsofa
Member since
July 2015
On-time repayments
194 installments • 25%
About Me
My names are BAYA TSOFA MWENI, from Malindi Kenya. I was very bright in primary school but that didn't help me much in secondary school. Coming from a very poor family I mostly missed classes to do some work to get fees. I ended getting a lower grade (c-) and that why I ended working as a Cleaner at Casino Malindi. The salary being small I couldn't manage to assist anyone as every penny went to debts. We started a merry go round with my work mates and I invested my share in buying tomatoes, cabbages. Bananas, onions for resale at a profit. Am now able to get my daily bread from their. I feel exploited working for ten thousand a month but because I do work night shifts am able to run both my business and the job. Am still doing. my business outside someone, house but God willing Intend to have a secure place where I can leave my stock at close of business..
My Business
The sources of my Income for now are from the business and the salary from my job. I have a very fertile piece of land which is 300 metres away from a lake. My plan is to grow my business and become the wholesaler of my products . My stock that is the cereals, the tomatoes. Potatoes., Brinjals, onion s, bananas are available all round the year and so I can feel secure doing this business as it is a must for people to eat.
Loan Proposal
The first loan was small but the positive difference in the profit margin was evident. I this time intend to fully stock my stall and make sure I do not disappoint my customers by missing some items when they visit my stall.
This will ease them the trouble of moving from one stall to another in search of their needs.
Definitely that will mean an increase in profit for the betterment of my family and repayment of the loan
The item are
1.A sack of beans@ 5600
2.A sack of potatoes @3600
3.A sack of Pakistan pisbori rice@ 2700
4. A sack of local rice @2300
5. A box of tomatoes @ 1800
6. Matoke banana @ 600
7 10 kgs of carrots@350
8. 2kgs of garlic @ 500
9. Green bananas @500
Sweet and chill pepper @500
Transport@ 1000
Other expenses 452
Total 19902
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
Oct 22, 2015
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
Fontvielle, Monaco, Yemen
United States
Ask Baya Tsofa a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.