Buying a pickup for cereals transport from farmers
Serah
Kiptangwanyi, Kenya
$0 to go
100% funded of $1,418 goal
0
days left
Entrepreneur
Name
Serah
Member since
May 2012
On-time repayments
69 installments • 25%
About Me
I am single with 8 children four of them who are schooling. I live in Kiptangwanyi shopping center about 43km from Nakuru town. I live in my own plot which is plot number 21. I operate cereals shop at the shopping center. I buy cereals mostly maize and beans in wholesale which I later resell to neighbouring major towns also in wholesale with a good profit.I am well known in this area and sometimes I do travel a lot to take my cereals to other towns. This is a business that I do operate with all my heart as I have been able to educate all of my children from the revenues that I get from the business
My Business
I operate cereals shop at the shopping center. I buy these cereals in wholesale and distribute them to major towns in large quantites especially in Nairobi where I have many customers. The main challenges that this business encounter are lack of enough capital, poor roads especially during the rainy season and drought. I hope that the loan I am going to get from Zidisha organization will be of very great benefit in improving my business. This will be of very great help towards the appearance of my business. I already have plans that I know will change my business to the best in terms of service and offering quality products.
Loan Proposal
Dear Lenders,
I wish to thank you all lenders for your continued support in my business. I have been able to improve my business using the loans that I have been getting from Zidisha microfinance. I wish to use this loan that I will get from the organization to purchase a second hand pick up that I will be using transport cereals from farmers. I usually use hired vehicles to transport the produce from farmers which is quite expensive. I thus wish to reduce this cost and take advantage to transport large quantities of cereals. I will also provide transport means to other cereal buyers.
Feedback
Positive
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$1,418.00
Date disbursed
Aug 13, 2014
Repayment status
Late
Projected term
11 months
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