Supplies of cereals to schools and institutions
Dorcas
Litein, Kenya
100% repaid
Entrepreneur
Name
Dorcas
Member since
September 2015
On-time repayments
72 installments • 32%
About Me
I come from a hardworking family with both parents business oriented. I acquired the business skills from my mother because thats what helped us all through our education. I come from highland part of the country,Rift-valley where there are alot of business opportunities. I like listening to gospel music especially hymal
My Business
Am dealing with school supplies especially grains and sometimes uniforms. Its a good business but it needs a good amount of capital and patience. I do apply for tenders though after qualifyng fo them,i get money challenges which intefere with my business
when I supply one kg of maize grains to a school I sell at 60 bob then purchase cost price is 35 bob from farmers. this earns me 25 bob as profit which is about 75 percent. Am intending to supply over 1000kilos .projected earnings profit to me will be 25000 kes. this is a great business to me as an entrepreneur.if this platform helps me I will be greatful.
Loan Proposal
Describe what you will do with the loan in at least 200 characters
the loan am requesting will.help me buy from farmers and stocked .after stocking i will then applying for tenders local purchase orders from schools and institutions. certainly I will secure then because of close relationships I.have established since.they trusted me because of my honest and clean deal I do.at no point I have fail to deliver what am to supply. I also struggle to secure before applying for such tenders.
if am to supply maize grains/ corn to schools each kilogramme will give me a profit of 25 bob assuming I supplied 1000 that will translate to 25000 profit after the cost is removed. cost of purchase is 35 bob.,selling price 60 bob per kilogramme.
hope this platform will eventually help me to be stable financially in the long run.thanks
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Feb 7, 2016
Repayment status
On Time
Projected term
6 weeks
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