Additional stock of food spices

Entrepreneur

About Me

My name is Robert Kaguma, born in Central region of Kenya. I went to school up to secondary level and then joined a college where I was trained as an auto mechanic.

I worked as an artisan for about two years and later decided to change business. This is where I decided to sell used and new clothes for five years.

I then relocated to Mombasa and changed business to selling food spices which I have been doing for the last 7 years.

I am married with 3 children all grown ups. I am a hard working, go-getter person because I believe handwork and honesty pays.

My Business

My business is based in Mombasa in an area called Majengo - outskirt of Mombasa town. I deal with buy spices in their raw state, then ground them, package and supply to retailers.

I source my raw materials locally and from neighboring countries. There is a huge market for this product in Mombasa which is famed for spiced cuisines.

I make a net profit of $550 a month. The sales are constant all year round but it can pick slightly during the month of December due to festivities and also during the Ramadhan season.

I would like to stock more raw materials if given credit and that I why I have joined Zidisha. This credit will go a long way in boosting my stock hence increase my efficiency in my business.

Loan Proposal

My business of selling food spices is doing well, thanks to revival of tourism sector in our country and particlularly in our coastal region. There is an upsurge of demand for food spices and I want to make a trip to a neighboring country (Tanzania) and purchase a variety of spices such as chilies, cloves, cinnamon etc.

I will use the entire amount to buy the stock. The timing is perfect since we are now into tourist's high season which will run till February next year.

Thank you so much for your valuable support.

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