To purchase a motorcycle to ease milk transportation

Joseph

Miti Mingi, Nakuru, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Joseph

Member since

September 2014

On-time repayments

185 installments • 23%

About Me

I am a married man living in Miti Mingi with my wife and our two children. i am both a farmer and milk vendor. I buy milk from local people in terms of litres and i pay 25 shillings per litre which i resell 32 shillings. so i get a profit of 7 shillings per litre. I use the profit i get to support my farming activities, my family and my parents. I stll save some money whenever i make high profit. my education is up to college but there is nowhere to be employed and i chose self employment to ensure i feed my family and support parents in the way i can. I like to read newspapers and magazines during free time. I also like watching music and movies.

My Business

My business involves buying and selling milk from local farmer. I collect around 100 litres per day. i resell some of the milk to local hotels and families in miti mingi shopping centre and the remaining i send to Brookside Dairy Limited. I make a profit of 600 shillings per day. The profit i get i use it to support fmy farming activities where i grow cereals that is maize and beans. The reason for choosing milk selling is that it is profitable and i get my dairy bread unlike my farming activities which one waits for the harvest season to get money. That is why i prefer selling milk because it is a commodity that is ever in high demand. there are several challenges when the rains are low because the quantity of available milk is low and the demand is constant.

Loan Proposal

hi zidisha i just express my gratitude for your concern and support. thank you very much for solving my problem and also for my first loan. i do hereby propose a loan of kes 26000 as i want to purchase a motorcycle. this will help me increase profit in milk selling and also ease transportation. i therefore request zidisha to support me in making this purchase. thanks in advance. Joseph, Mitimingi