Purchase of beans

Fred

Webuye, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Fred

Member since

May 2017

On-time repayments

53 installments • 58%

About Me

I am a man aged 44 years. I am the seventh born in a family of twelve. I managed to go through primary education and did my KCPE in the year 1986. I excelled and joined high school in 1987. I completed my high school in 1990. I joined a teacher training college and graduated as a primary school teacher. I am employed by TSC at the moment.

My Business

My main source of income is my employment salary. I have also started some micro business for my wife which is catering for our domestic needs. The profits are also assisting in the fee payment for our children. We have thought of starting sugarcane farming. I have already planted and now I want to get the fertilizer and some cash for maintenance.

Loan Proposal

Being the harvesting season for beans the prices are low. I intend to purchase about 10 bags of beans at a price of ksh.3000, amounting to a total of ksh.30000.I will later sell them between December and March 2019 when the demand is high and possibly get 100 percent profit. I will use my salary of June and July 2018, to clear your loan on time. I have a starting capital of ksh.10000. Thanks in advance for funding me again.

Show original English

About Me

I AM FRED EAFUNAFU SIUNDU, MALE, 48 YEARS OF AGE. I AM A TEACHER BY PROFFESSION. I AM THE LAST BORN IN A FAMILY OF FIVE. I AM MARRIED TO ONE WIFE, METRINE NANGILA. WE ARE BLESSED WITH FOUR CHILDREN, THREE GIRLS AND ONE BOY.

My Business

BEING A PROFFESSIONAL TEACHER, I AM EMPLOYED BY THE TEACHERS SERVICE COMMISSION OF KENYA. I ALSO RUN A BUSINESS AT HOME OF A POSHO MILL AND A SMALL KIOSK.