Stock soya beans at my shop

Harrison

Busia, Kenya

100% repaid

Entrepreneur

Name

Harrison

Member since

March 2015

On-time repayments

27 installments  •  41%

About Me

I am 33years old,A God fearing gentleman,married to a very beautiful wife Ann Muli who works in an NGO here at Busia and we are blessed with two pretty Kids Jason 5 years and Amy 2years...From the society where i come from(Kitui central)we have very fertile land but the water its the biggest challenge..my dream is that i work hard so that in future i be able to Drill commercial water not for my family alone but for the whole society.am born in a family of nine and i am the last born in the family currently i am the one taking care of our old loving parents...they have been a tool in my life for they indeed encourage me in my day to day activities.at my free time a love reading motivational books like currently am reading one titled "Be Inspired before you Expire"by Pepe Minambo.

My Business

As you understand my background i am a Kamba but i stay at Busia-Western kennya.I was working with a clearing and forwarding firm-Bollore Africa Logistics but a time come when the company decided to lay off some employees and i was among the employees who were affected..Thank God we were paid all our dues.the money which i got was my starting capital..i deed research and realized the maize at uganda side are very cheap so i started buying then taking to our place kitui during the dry spells..the biggest challege is the the business is a seasonal business..but as i grow in my biseness,i have identified another big business of importing photocopying papers from China then selling locally...its a business that needs a lot of capital but am determined to do it by 2017.i have big Dreams because i believe in myself and i know God will enable me...Zidisha will take me through my dreams..

Loan Proposal

Stock my shop with soya beans.
A bag of 90kgs costs 100 dollars. Exchange rate 93.=9,300.
Selling per kilogram is
1. 5dollars =ksh140. (90*140=12,600)
My profit will be:12600-9300=3300.
With the amount that i have applied from zidisha.. it will enable me purchase that one bag of beans and sell it within a very short time as I continue repaying my loan back...

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$95.00

Date disbursed

Jun 17, 2015

Repayment status

On Time

Projected term

2 months

Lenders

Scangaid

Pittsburgh, United States

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