Stocking and sale of local grains

Rosemary Mwangi

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Rosemary Mwangi

Location

Nakuru, Kenya

On-time repayments

329 weekly installments  •  100%

About Me

my name is rosemary mwangi, i come from a family of 6members, my parents, 2sisters and 1brother,Was brought up in lowerkabete and later nakuru freehold estate.Pursued a diploma in marketing management in Kenya institute of management.went to st clares girls for secondary education and mount saint marys girls for primary education.am currently running a cereal shop.which i started in 2011 after having been employed in ICT industry for one year.I mainly deal with rice,ndengu ,beansand maize.most of my products i get them from mwea like rice and some like maize i get them from molo.

My Business

The goods i offer are cereals the hard grains which i get from farmers in mwea and molo.The demand for cereals is high since it is food that people consume on daily basis.My clients prefer me because i always give them fresh quality goods and of good measure and treat them with good customer service.the business is profitable since it is food that is bought daily and i get at a reasonable amount from the farmers which there is no intermediary between me and the farmers.i also sell at a cheaper price compared to my competitors,i also sell in wholesale price to other sellrs.

Loan Proposal

Thank you for the support.I currently have 2 cereal shops in Nakuru, i deal with dry grain and in one i have incorporated green grains.I plan to use $1000 to buy 55 bags of maize as this is the planting season and people are selling their harvest to get money to purchase seeds for planting.I will use $200 for transport $500 to buy beans 3 types $300 to buy rice and $3 to buy packing bags.

Feedback

11

None

1

  • Colm O Brien    Jan 8, 2018

    Her repayments are on time but the amount repaid has been reduced significantly. At the average repayment amount the current loan is going to take about 3 years to be repaid. She had no difficulty repaying the expected payment amounts on the previous loans but this time the repayments are often very small. I have to wonder if she being serious about her repayments or if this project is viable?

    Log in to reply • Share
    • Rosemary Mwangi    Aug 18, 2018

      Hi colm sorry for disappointing,just had a baby via c section and was put on rest for 6 months due to some complication,i will improve on my repayment as soon as I stabilize the business..sorry for loosing your trust

      Log in to reply • Share
  • Will    Oct 12, 2017

    Rosemary has made over 150 loan repayments and every single one of them has been on time! I would highly recommend loaning to her.

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$2,057.00

Date disbursed

May 16, 2016

Repayment status

On Time

Projected term

16 months

Cost to entrepreneur

Service fee: $102.85

Rosemary opted to pay $150.62 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

P

ploeger

Perkasie, United States

Limeleaf

Toronto, Canada

dajawein

Gladstone, Australia

B

boronat

Brussels, Belgium

C

cardiff

Falls Church, United States

JFais

Atlanta, United States

ProfWriter

Boone, United States

Paul Buchheit

Mountain View, United States

mepster

San Francisco, Ca, United States

johnhudson

Washington, DC, United States

M

motivator1117

United States

J

jowde

Germany

Daniel Hammarberg

Gothenburg, Sweden

BB

Ben Bellows

United States

PG

Paul Graham

United States

PR

Paul Rausch

United States

Diego

Monza, Italy

PC

Pedro Cambra

United Kingdom

JO

Johan O

Borlänge, Sweden

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Ellen

Michigan, United States

S

Sus

Germany

E

Ejvin

United States

Dave Magnan

Québec, Canada

Ken

Mequon, WI, United States

A

Anonymous

United States

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