Maize flour production and packing

Ghati Mwakabe

Dodoma City, Tanzania

$118 to go

0% funded of $118 goal

9

days left

  • $

Entrepreneur

Name

Ghati Mwakabe

Member since

July 2024

On-time repayments

New member

About Me

My name is Ghati Mwikwabe Daudi, I was born in Tarime Mara 33 years ago in a family of five (5) children, That am the first

My Business

The journey of entrepreneurship started in 2011 when I was studying at MOROGORO TEACHING COLLEGE I grew up going to the market and buying Ubuyu and peanuts and packing them and selling them to my classmates, for both years I was able to save for myself which is a profit of sh 600,000/=
In 2013, after graduation, I spent Shs 600,000/= to buy women's clothes and sell them at auctions and all places with large gatherings and open markets.
In 2021 in the month (November) I collected all the Profits of 7 years and had an amount of 8 million where I was able to buy (A) 2 Motors, and 2 Mills for grinding and threshing Grain as well as renting the area (Frame) and erecting all the machines
For all those years I have been grinding the customers who come with their grains
In 2023 (December) I officially started packing Sembe Flour and Dona
I buy 1 kg of corn for 700 shs
current price and grind a 120 kg sack, and pack in 5, 10 and 25 kg packaging
I have hired two young people, who are responsible for production
The biggest challenge I face is capital to keep pace with the market

Project Proposal

I am asking to be given the amount of sh 300,000 which I will use to buy 428 kg of corn which will give an amount of 375 kg which will give 375000 sh after selling the flour and bran
where after all the expenses I will be left with 363,000 shs
Refund period, I will refund Sh 100,000 per week

Feedback

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Project Info

Project Type

Pay It Forward

Amount requested

$118.00

Still needed

$118.00

Application expires

Jul 22, 2024

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