Peanut business loan

Benard

City, Kenya

100% repaid

Entrepreneur

Name

Benard

Member since

May 2017

On-time repayments

3 installments  •  33%

About Me

About Me
My name is Benard Otieno I am 27yrs of age, I come from Koru in the Kisumu county Region of Nyanza, I am 6ft tall in height and 65 as in body weight,
I have 2 siblings, my mother's name Boaz Osir & catherine akinyi and my father's name is JNicholas Otieno. I completed high school and studied Journalism at the east african school of media studies,due to some reason, I couldn't continued my education to pursue a degree on the same level but later with help of my mum's junior sister I was enroll in a university to pursue a one year course in certificate in Business management after completion I was lucky to start a peanut roasting business where i would roast and package my ground nuts in a packets of ksh 20 & ksh 50 ,i have done this for the past 1 years.
My idea is to start a peanut butter processing company to upgade from roasting ground nuts to packaging peanut butter.my passion is to set up peanut butter plant at the moment i have saved $500 on the same venture.

My Business

I am into ground nut roasting business . I currently roas 4kgms a day. This has been my business for 1 years now.ground nut roasting business is lucrative in my locality.on a dalily basis im getting $5 profit And there is ready market available for my roasted ground nuts however i would like to venture into peanut butter business,I wish to expand my business into peanut processing and packaging so that I shall have a created jobs also created a financial wall for my young family but due to lack of funds this dream has not fully materialized.

Loan Proposal

i would like to buya peanut butter machine.to start a peanut butter business in my village its a good opportunity that i have met the zidisha website,i was introduced by a friend,i know that zidisha will enable me meet my dream of owning a peanut butter machine

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$3.00

Date disbursed

May 21, 2017

Repayment status

On Time

Projected term

3 weeks

Other loans

Lenders

Paul Buchheit

Mountain View, United States

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