Stock of chilli and other spices for my food business

Robert Kaguma

Kisauni, Kenya

100% repaid

Entrepreneur

Name

Robert Kaguma

Member since

May 2014

On-time repayments

317 installments  •  42%

About Me

My name is Robert Kaguma, born in Central region of Kenya. I went to school up to secondary level and then joined a college where I was trained as an auto mechanic.

I worked as an artisan for about two years and later decided to change business. This is where I decided to sell used and new clothes for five years.

I then relocated to Mombasa and changed business to selling food spices which I have been doing for the last 7 years.

I am married with 3 children all grown ups. I am a hard working, go-getter person because I believe handwork and honesty pays.

My Business

My business is based in Mombasa in an area called Majengo - outskirt of Mombasa town. I deal with buy spices in their raw state, then ground them, package and supply to retailers.

I source my raw materials locally and from neighboring countries. There is a huge market for this product in Mombasa which is famed for spiced cuisines.

I make a net profit of $550 a month. The sales are constant all year round but it can pick slightly during the month of December due to festivities and also during the Ramadhan season.

I would like to stock more raw materials if given credit and that I why I have joined Zidisha. This credit will go a long way in boosting my stock hence increase my efficiency in my business.

Loan Proposal

I have now expanded my business territory and I now cover a large area in and outside Mombasa city. I am gland my products have been well received even in far flung areas and this has led to increased demand for the same.

My budget for this money is as follows:

- Buy dried red chillies for a total of USD 200
- Buy cloves for USD 70
- Buy ginger for USD 60.

All the above are fast moving items and I will be able to supply them to my already existing customers.

You did it the first time, I am optimistic that you will do it again. Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$326.43

Date disbursed

Aug 14, 2015

Repayment status

On Time

Projected term

65 months

Cost to entrepreneur

Service fee: $14.25

Lenders

C

Christian

Saarbruecken, Germany

investor

Candiac, Canada

cyrus0302

San Francisco, United States

DeanDropshot

Oslo, Norway

P

PlutusNOR

Trondheim, Norway

Zidisha

Sterling, United States

T

ToddK

Indianapolis, IN, USA, United States

quozl

Dublin, Ireland

C

cjmenchaca

Austin, United States

J

Joyful

Philadelphia, United States

B

blahblah

Nuernberg, Germany

kuebel

Vienna, Austria

TheWhiteCat

Surrey, United Kingdom

JimVandegriff

Trinidad, California, United States

H

hilde

seattle, United States

beverly

Vancouver, Canada

Cloudways

Malta, Malta

D

Dadiolafs

Vestmannaeyjar, Iceland

ads68

Melbourne, Australia

P

PHU99

Zwingenberg, Germany

fairspirit

Utrecht, Netherlands

T

Taupe

Balzers, Liechtenstein

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Padrino

Kilkenny, Ireland

stever

Cape Coral, United States

B

BMcDermott

Washington, DC, United States

E

E

Marin county, United States

G

guggl

Vienna, Austria

SBlue1

Germany

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

JA

Jorge Alagon

Munich, Germany

mepster

San Francisco, Ca, United States

WiscoHorndog

United States

A

adamdreaming

United States

S

Stephan

Netherlands

KM

Kirsty M

United Kingdom

Matthias

Frankfurt Am Main, Germany

Dave Bogard

New York, United States

Lukas Petereit

Frankfurt, Germany

MW

Matt Willis

United States

Jon

Sweden

ME

Manaal Eisa

Washington DC, United States

D

David

United States

Rosario von Li

San Jose, Ca, United States

Diego

Monza, Italy

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