Name
John
Member since
December 2011
On-time repayments
34 installments • 41%
I was born in 1974 at Kipkabus Iam blessed with 4 kids:kariuki,esther,lucy and beatrice.I fellowship with the ASSEMBLIES OF GOD CHURCH Kandutura.iam an orphan because my mother and father are dead. I was therefore left in charge of other siblings and this far we are doing well
Iam a businessman dealing with cereals. I buy them directly from the farmers and sell them to other middlemen. I am doing business well and expect to enlarge my stock and buy more bags of maize. my plea to zidisha is help me with 80000 so that i can buy more maize and enjoy economies of scale .I have a big store at a nearby centre called Waka. I have employed 2 people who go to the farms to get maize and bring it for storage at my store at Waka using their bicycles. When maize is plenty,i hire amotorcycle to transport the maize from the farms to my store.
since we have started to harvest beans, i intend to increase my stock by buying much more bags of beans.currently the beans are going for shs 4000 per 90kg bag.i intend to buy at least some 20 bags and sell them to middlemen who are buying the beans at 4500.i will therefore make a profit of sh 500 per bag.i as well intend to get two caual labourers who will transport the beans from the farms to my store easily and even much faster
Positive
4
Neutral
None
Negative
2
Project Type
Classic Loan
Disbursed amount
$1,000.00
Date disbursed
Aug 2, 2012
Repayment status
On Time
Projected term
14 months
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