Name
Samson
Member since
May 2017
On-time repayments
18 installments • 56%
I am Samson otieno nyunja a teacher by profession permanent employee by the teachers service commission. I am aged 34 years currently living I Kakamega County. I finished my college in 2009 at migori ttc.I am a man of integrity and development. I am business oriented person who like development. I have a kid and a wife and value and respect my family.
I want to start a business at kisumu Town. Selling maize ,beans,groundnuts , rice ,I need a capital of Ksh 50000. This business will be situated at a busy market centre where there are many customers. This will help improve the our society and living standards of the community. Our society lacks cereals that is a research I did and therefore this will be the be the very best for them. This business if it grows further I will be able to supply institutions with the same. I will even need a warehouse. Hotels available will fully benefit with the same. It will be also wholesale where I will be able to help small retailers.
I need to start with Five stacks of beans(Each sack is Sh9000 that is 90 dollars).So for five sacks is a total of 450 dollars.So far am able to buy two sacks.Each sack gives a net profit of Sh 2100.I intend to sell to farmers,supply hotels and other customers.This will actually help th community.profit I wil use to expand business and start otherprojects if all goes well
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$8.00
Date disbursed
Aug 16, 2017
Repayment status
On Time
Projected term
5 weeks
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