Fund my new April supply of coconut-tree-brooms
Festus
Kwa Muki, Mazeras, Kenya
100% repaid
Entrepreneur
Name
Festus
Member since
October 2013
On-time repayments
55 installments • 58%
About Me
I have always had a passion for teaching since my early days. Immediately after completing my high school at Darajani Secondary School in 2004 i wanted to join a teachers' college. That did not happen but i chose to start teaching in local primary schools as untrained teacher. Later, I moved to Mazeras town where I have taught since 2008 up to date. Currently, am enrolled at a college where I will soon complete my teaching course. Due to low-pay, I engage in less time-intensive businesses to supplement my monthly income. My business is that of selling coconut-sticks-brooms to retail shops in my area and in my upcountry hometown. I have a dedicated team of suppliers from the rural interior areas of Kilifi county that buy the brooms from different homesteads until they gather enough quantities to sell to me. On good months, I sell up to 1200 pieces of brooms and realize a profit of $300. I love my business.
My Business
My business is that of selling coconut-sticks-brooms to retail shops in my area and in my upcountry hometown. I have a dedicated team of suppliers from the rural interior areas of Kilifi county that buy the brooms from different homesteads until they gather enough quantities to sell to me. Coconut leaves are harvested from mature coconut trees,coconut leaves are dried in the sun and then sticks are peeled from the leaves. The resulting sticks are tied together with a tough rubber band to make a broom.On good months i sell up to 1200 pieces of brooms and realize a profit of $300. I love my business.
Loan Proposal
IIts April and I have new demand for 300 pieces of brooms and i've less operating capital to purchase new stock for customers. I therefore come back to zidisha for a another loan. I am hopeful that fulfillment orders will open up the way for me getting additional orders from more schools that depend on the coconut-sticks-brooms for daily cleaning of classrooms and compounds. Lets make 'ukambani' schools cleaner for healthy children. Thank for your continued support.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Apr 9, 2014
Repayment status
On Time
Projected term
10 months
Other loans
Lenders
Tromsø, Norway
Finland
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