Selling potatoes and kales at my corn mill

Richard

Kamukunji, Kenya

100% repaid

Entrepreneur

Name

Richard

Member since

April 2016

On-time repayments

272 installments  •  76%

About Me

I am Richard Matundura was born in Nyanza province in Kisii County .I was raised by my parents although now Iam orphan. I went through primary Education and passed to go to Secondary despite the posed challenge of school fees. My parents were peasant farmers and depended on farming and menial jobs thus denying me the chance to college or professional training instead I started working as a shamba boy to help support my parents .I managed to get money to join college through my little saving but by the time i was clearing, i had arrears so I didn't get my certificate. I had to hustle to pay my arrears and obtained my certificate. I also paid my computer studies, diploma and now doing my master degree in Kisii university

My Business

My business of selling Dry maize at my Posho mill . I had a dream of starting a posho mill but I didn’t have enough money to purchase maize. my first loan from Zidisha I used to set up a fish pod although did not pick up well due to water shortage challenges but I used the remaining money to start a maize buying and selling which picked up well enabling be to pay my loan well .i intend to get the Fourth loan to expand my maize business so as to make higher profits.i intend more maize and beans this year dry it keep in store up to a good season to selling.the demand for such products is high at my business now.I chose this type of business because iam able to manage easily and my customers are available.
my costs are posho mill repair and maintenance,salary for my workers,electricity and annual business permits .
My business profits are used mostly for savings,paying for my family needs and reinvestment for the future.

Loan Proposal

i intend to buy
5bags of kales -20,000
4bags of potatoes - 7,000 this will enable earn extra income on my maize selling business

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$196.00

Date disbursed

Apr 20, 2019

Repayment status

On Time

Projected term

14 months

Lenders

MarktheMormon

Sandy, Utah, United States

G

guenter

Bremen, Germany

JimVandegriff

Trinidad, California, United States

Taata

Multia, Finland

L

Liz

Nowra, Australia

WE

Wendy Emlyn

Devon, United Kingdom

Emma

Australia

MC

United States

Ren

Minneapolis/StPaul, United States

M

Margaret

United States

SR

Sean Rodgers

Wellington, New Zealand

DH

David Hopkins

United States

A

Axel

Berlin, Germany

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