Rice & maize flour for grocery shop

Protus Simiyu

Nakuru, Kenya

9% repaid

Entrepreneur

Name

Protus Simiyu

Member since

July 2015

On-time repayments

104 installments  •  65%

About Me

I am a graduate teacher and attained this academic level through running a small shop in my small cottage back in the village immediately after my secondary education. this enabled me pay my accommodation and my food while at the university.
i started by selling sweet potatoes i bought directly from farmers and sold to travelers at the market later when i had enough money which was only ksh. 3000.00, i started the shop business.

My Business

I am currently mixing both farming and running a shop that deals with a range of services. i bought an m-kopa solar which is helping me charge phones in the village giving me an average of ksh. 700.00 per week. this has been very interesting as our village is far from electricity and this gave me the advantage of offering phone charging services.
i use the income to build capital in my shop and i am planning to run a supermarket in the next one year.
my sugar cane are ready for harvest and i have completed repaying my first loan. i am applying for my second loan to enable me meet my target by end of September 2016. By that time i will have harvested canes, saved good money though my shop to run a supermarket. i have already identified the location for my supermarket and in October there will be good flow of cash as many farmers will have harvested maize and canes. this will enable me make quick sales for my shop to stabilize before the planting season in March 2017

Loan Proposal

I intend to use the loan amount to increase my shop stock. I will use 10,000 to acquire maize flour, 8,000 to acquire rice, 6,000 to acquire beans, 2,000 for tea leaves, 3,000 for daily milk products, 2,726 to facilitate acquisition of salt and wheat flour. This is according to the current market demand especially after the Christmass season.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$319.58

Date disbursed

Feb 1, 2017

Repayment status

Late

Projected term

7 months

Cost to entrepreneur

Service fee: $13.18

Lenders

Daniel

Brussels, Belgium

T

Tmann

Los Angeles, United States

HI

Highly Improbable

Saskatoon, Canada

investor

Candiac, Canada

M

Meckel

Boulder, United States

ErikN

Stockholm, Sweden

Kjartan

Oslo, Norway

J

Jessica

Patagonia, Argentina

R

rmacaw

Australia

H

hilde

seattle, United States

Tavin

Ottawa, Canada

F

florian

Mettmenstetten, Switzerland

KM

British Columbia, Canada, Canada

T

take5

Columbia, United States

Cloudways

Malta, Malta

E

EnhanceLife

Heber City, United States

G

Goodwill

Oakland, United States

P

Prysdahl

Marshall, United States

D

DThirteen

Miami, United States

Christopher

Copenhagen, Denmark

T

tjgiving

Oakland, United States

HMS_5th_Grade

Honolulu, United States

J

Jyoti

Herndon, United States

fairspirit

Utrecht, Netherlands

W

willemsenphilippe

Edegem, Belgium

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Robert D

Houston, United States

Hedwich

Gorssel, Netherlands

iamdaimo

London, United Kingdom

gseletko

South Perth, Australia

B

bwitt

Berkeley, United States

Evan Lamos

Brussels, Belgium

TomF925

www.AfricaLeap.com, United States

sderickson

Berkeley, CA, United States

Matching Fund

Sterling, United States

D

drorm

United States

D

Dan

United States

R

roozbeh

United States

M

Mcohan21

United States

mepster

San Francisco, Ca, United States

TyWee

Manila, Philippines

B

bscent

Hong Kong

J

JEllerby

United Kingdom

D

Desteli

United States

Grant Xavier Storer

Seattle, Wa, United States

K

Keith

Luxembourg

Rachael101

Brisbane, Australia

H

happyhappy

Switzerland

S

seanos

Nottingham, United Kingdom

SuperMario28

Cudahy, United States

J

JeremyR

United States

Kyle Hoback

Jersey City, NJ, United States

Voscke

Utrecht, Netherlands

S

Stephan

Netherlands

K

Kristiina

All Countries

E

Erich

Zurich, Switzerland

Gab

Singapore

Jeroen Decock

Gent, Belgium

Villa Maria Outliers

Montreal, Canada

MW

Matt Willis

United States

Lou Kaucic

Sanbornton, NH, United States

JT

John Tabacchi

United States

ES

Ed Sikorski

United States

JK

Hamburg, Germany

MG

Meron Gribetz

United States

YM

Yelka Mikolji

United States

TH

tom hd

United Kingdom

Martin Nielsen

Aarhus, Denmark

PG

Paul Graham

United States

JM

john meserve

United States

N

Nick

Greater London, United Kingdom

N

Nick

United States

MJ

Monika Jelic

United States

Aran Dunlop

United States

jo

Los Angeles, United States

BS

Brad Syverson

United States

A

Andrei

United States

Thomas

Sweden, Sweden

Y

YTSJ

London, United Kingdom

J

Jon

United States

I

isaac

United Kingdom

DK

Danny Kelly

United States

RC

Rudi Chen

United States

KK

karl kerksiek

United States

Kevin

United States

B

Brett

Australia

RG

Ravi Gadad

United States

Sinan Taifour

Munich, Germany, Germany

E

Elle

New York, United States

Raymond Murphy

Carson Valley, NV, United States

J

Jon

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

WS

Warren Shen

United States

Humble Bundle Community

San Francisco, United States

Marius Lohri

Switzerland

Day Family

Melbourne, Australia

V

VJ

Canberra, Australia

D

Dalton

San Francisco, United States

HCPSPIRIT

Helsinki, Finland

Haroon S

United States

NG

Nathan Grey

United States

Dean Suminski

Portland, Oregon, United States

The Weltys

Averill Park, NY, United States

Adam Fraser

Cambridge, United Kingdom

TB

Tim Barrett

United States

M

Mack

Harbor, Oregon, United States

SS

Sarah sewall

United States

Mike

Indianapolis, United States

DW

Dan Winetsky

United States

WC

Walter Clarke

Phoenix, United States

Paul Buchheit

Mountain View, United States

Bryce Bow

Bloomington, In, United States

GS

gina sanders

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

HB

Hugo Boss

United Kingdom

A

Anonymous

United States

BL

Bill Lowery

United States

TW

Tom Wiegand

United States

K

kathleen

United States

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