Entrepreneur

About Me

He is married with one wife and five children, of whom four are in school, i.e. 3 in primary school, one is in the top class, the other still young. Business profits are used to increase stock, pay school fees, buy clothing and household expenses.

My Business

Businessman at Oloolaimutia Centre running a poshomill (corn milling service) at the small centre. He also started business in the year 2000 .i.e. buying and selling cattle. He had only Ksh.10,000 (US $128) capital. He improved gradually and later diverted to open up a poshomill in 2004 which he saw it was a good business. Before he had 18 cows and has now 50. He joined Kenya Women Federation Trust (KWFT, a local microfinance institution) in 2007 where he was financed and increased his business.

Loan Proposal

Will use the 60,000 Kenya Shillings (US $779) to buy 25 maize bags i.e. stock and project to sell them in two weeks. Will get a profit of Ksh.600 (US $7.79) per bag which will accumulate to Ksh.15,000 (US $195) in two weeks. All this is based on past experience.

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Loan Info

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