Entrepreneur
Name
H
Member since
March 2015
On-time repayments
48 installments • 58%
About Me
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My Business
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Loan Proposal
I want to start a posho mill in our village that will serve our community to grind maize flour. The Posho mill will have a capacity to work on 180 kilos of maize per hour and running for eight hours a day, producing 1.4 ton of maize per day.
The cost of posho mill is 1,200 usd , so far I have 400$ and im requesting for support of 800$. Im expecting good returns from the posho mill average 15$ per day. The posho mill will run 6 days per week that's Monday to Saturday. The profits I will use to repay the loan and after I complete repayment I will invest on maize Sheller machine that would pre clean a variety of cereals. I will also create employment which will empower family. I will appreciate your support of 800$.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$181.00
Date disbursed
Sep 23, 2015
Repayment status
On Time
Projected term
8 months
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