Jocinter
Kombe Village, Kenya
100% repaid
Name
Jocinter
Member since
February 2015
On-time repayments
22 installments • 36%
I am a 27 years old born in the village of Kanyamwa, Homa bay county. I am a second born in a family of seven. I have studied up to standard eight. The reason unto why I started this business was that my husband died and left me a widow with eight children to care of; 5 my own and 3 from my late co-wife. Life was so hard after the death of my husband and I could not meet the education costs and even money to afford basic needs like food. I live in an area where finding a meal for the day is a forgone case we only take meals once in a day. Joblessness among youths in our country has also led to this since there is a growing population and the job opportunities are few. I therefore came up with this idea of starting a business which is growing at a faster rate due to the fact that it is a consumable product. The money i get from the produce I use to feed our family and again help the community members who are in dare need. I like playing football and read newspapers especially
In my childhood, I went through a very hard life and my education was cut short due to lack of school fee. Due to high poverty, I decided to start a business of selling the grains to keep my family and take the children in school.
I sell grains; Maize, Beans, Green grams, Millet and Sourghum. These are essential commodities that every household uses in their daily food needs. I am currently trading with Ksh 8,000 and I need a loan of Ksh 1,534, in order to purchase more grains for sell.
With a capital of Ksh 10,534, I will purchase 5 bags of assorted commodities and sell. The profit from the sale will be used to pay school fee for my children, pay rent and medical needs of the children.
I need a loan of Ksh 1,534 to buy a bag of maize to sell and get profit to pay the school fee for my children at school. With the loan, the profit will increase by 20% and this will help me make ends meet for my family financial obligations.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Apr 17, 2015
Repayment status
On Time
Projected term
3 months
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