Self help

Samson

Kisumu , Kenya

100% repaid

Entrepreneur

Name

Samson

Member since

May 2017

On-time repayments

18 installments  •  56%

About Me

I am Samson otieno nyunja a teacher by profession permanent employee by the teachers service commission. I am aged 34 years currently living I Kakamega County. I finished my college in 2009 at migori ttc.I am a man of integrity and development. I am business oriented person who like development. I have a kid and a wife and value and respect my family.

My Business

I want to start a business at kisumu Town. Selling maize ,beans,groundnuts , rice ,I need a capital of Ksh 50000. This business will be situated at a busy market centre where there are many customers. This will help improve the our society and living standards of the community. Our society lacks cereals that is a research I did and therefore this will be the be the very best for them. This business if it grows further I will be able to supply institutions with the same. I will even need a warehouse. Hotels available will fully benefit with the same. It will be also wholesale where I will be able to help small retailers.

Loan Proposal

I need to start with Five stacks of beans(Each sack is Sh9000 that is 90 dollars).So for five sacks is a total of 450 dollars.So far am able to buy two sacks.Each sack gives a net profit of Sh 2100.I intend to sell to farmers,supply hotels and other customers.This will actually help th community.profit I wil use to expand business and start otherprojects if all goes well

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$8.00

Date disbursed

Aug 16, 2017

Repayment status

On Time

Projected term

5 weeks

Lenders

MarktheMormon

Sandy, Utah, United States

HH

Helen Horseman

United Kingdom

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