Entrepreneur
Name
Kennedy
Member since
December 2016
On-time repayments
5 installments • 60%
About Me
Introduce yourself to lenders.I went ndwara primary school kcpe 2001,ndigwa sec. school kcse 2005, maseno university graduation 2011.through struggle and perseverance I went through to the whole Kenyan system of education though an orphan. from commercial weeding with a mere shs.5000 I started my business in 2010 while at college. the land around here is very good with production of sukuma wiki , onions and tomatoes. the people around here really love their cultivated and are hardworking. my children mostly say they want to be business consultants when they grow up. one day I went out swimming with the family members but had a very chilling experience, the crocodile almost took my wife!
My Business
Describe your business or income source.I sell beans, green grams,groundnuts and maize.I find that as prices of fish and omena go high, more people resort to these grains as alternative meals making demand to go high. grains are less perishable yield better returns.250 a tin of beans, 300 a tin of greengrams, 350 a tin of groundnuts and 80 a tin of maize. sales range between 5000-10000 during the peak seasons and 3000-5000 during other seasons. I have plans of growing my business to the next level so majorly I plough back the profits from sales.
Loan Proposal
Describe what you will do with the loan.increase my stock. to purchase two tons of beans @ us dollar 1.80 making at a profit of us dollars 0.70. next purchase will be around 3 tins making a better profit.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$5.00
Date disbursed
Dec 20, 2016
Repayment status
On Time
Projected term
3 weeks
Other loans
Lenders
United States
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