Selling locally produced maize

Gladys

Likoni, Kenya

100% paid forward

Entrepreneur

Name

Gladys

Member since

January 2023

On-time repayments

61 installments  •  57%

About Me

I am Gladys. I am a businesswoman based in Mombasa Kenya. I deal with food products mostly sale of cereals like corn and beans.
I normally get my stock from wholesalers and then I retail the products.

I am married with three young children who are yet to figure out their careers. However, they are doing well in school and I hope to guide them to choose careers that will suit their ability.

My Business

As mentioned above, I sell dry cereals form my small outlet. I sell small amounts ranging from one kilogramme to 50 kilogram bags. It is a profitable business but I get into challenges when harvest is not good because this makes the cereals very expensive and this erodes my profit margins.

Project Proposal

I will use the money to buy maize from farmers and then sell from my retail outlet. This money is enough to buy to sacks of 90kilograms each and I hope to make a good profit of about 30%. This will enable me repay this loan and improve my turnover.

Thank you.

Feedback

None

None

None

Project Info

Project Type

Pay It Forward

Disbursed amount

$57.00

Date disbursed

Jul 23, 2023

Backers

Esther

Mombasa, Kenya

Zipporah

Nairobi, Kenya

Collins

Nakuru,bondeni Estate, Kenya

Damaris

Delmonte Thika, Kenya

Agnes

Ngong, Kenya

Lilian

Nairobi, Kenya

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Payments Forward

Amount returned to the platform for this project

$62.66

Pay It Forward Projects funded by Gladys

$243 (30 Projects)

Projects funded by Gladys's Pay It Forward recipients

$15,288 (400 Projects)

Gladys paid it forward to: