Perani posho millers

Jackson

Malindi, Kenya

100% repaid

Entrepreneur

Name

Jackson

Member since

February 2017

On-time repayments

15 installments  •  33%

About Me

My name is Jackson Mulwa.Born in Makueni county eastern Kenya 1964.My family shifted to Kwale county at coast early 1970s.I took my primary education at Perani primary school, Lungalunga sub county. I did C.P.A. examination in 1979 and joined Malindi High School. I completed O level in 1984 and continued for A level at the same.Did my K.A.C.E. 1986.
After school I studied accounts up to C.P.A.Two. Later I joined Hotels Coast as accountant. I have also worked with Audit firms as junior auditor and tax assistant. Currently self employed.

My Business

I'm based at Taveta town,at the Boarder of Kenya and Tanzania.I have rented a Small shop at the market where I stock empties. For example empty new sacks of all size,shopping packets, Take away containers, grocery packets, meat wrapping materials and ropes.Also stocks containers like empty jerricans for storing water and plastic containers.

Loan Proposal

Buy stock of maize for my posho mill (maize grinding machines).
A bag of maize (90kg) costs about 40Usd.
This will enable me supply maize meal to the people in my area where there is famine
and big food shortage at this period.
One kg of maize flour will sale at 0.6Usd which comes 54Usd for 90kg.
Making a profit of 14Usd.I expect to sale about 5 or more bags of 90kg per day.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$4.00

Date disbursed

Mar 1, 2017

Repayment status

On Time

Projected term

5 weeks

Lenders

Paul Buchheit

Mountain View, United States

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