Equity, M-Pesa & AirTel money agencies (float capital)
Anthony
Thika, Kenya
100% repaid
Entrepreneur
Name
Anthony
Member since
November 2015
On-time repayments
174 installments • 36%
About Me
Worked for a Supply Chain Company for over 15 years. I have experience and skill on Warehousing, Distribution, Logistic and Transportation. This year I started my own Business - Grains and Cereals Supply chain. Core goal being management of grains from the source who are the farmers to distributors/consumers.
My Business
Currently my business 'Grains Cereals Supply chain' deal with handpicking foreign matter on grains and selling them through a my retail shop at my home area.
Business Mission being:
To provide best low cost on transportation and warehousing solution for clean grains and cereals to our customers, and door to door delivering. "Wash and Cook"
In the current resent months I reused the profits to increase my stock. But due to increase on products demand it has increase the cost of supply due to transport cost buying small quantity due to lack of adequate capital. The product turnaround has increased by 100% after moving into a new shop near a bus stop. Which I positive it will increase more if I advertise my shop.
Goal: 1. working on how to get cheap logistic solution of cereals/grains from suppliers
2. In future own a pickup or a van
Loan Proposal
With the current loan, I will increase my agency Capital float on Airtel money, M-pesa and Equity bank 10%, 30% and 60% respectively. I am currently running with a float of Ksh50000 on three agencies. While recommended competitive float should be around Ksh110,000 in total.
As the year is ends, schools have started advertising for cereals tenders. I have applied for three schools. I will keep you posted on the feedback.
Feedback
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$683.00
Date disbursed
Oct 31, 2016
Repayment status
On Time
Projected term
5 months
Lenders
Austin, United States
Orlando, Florida, United States
Chicago, United States
Columbus, OH, United States
Columbus, Oh, United States
Geraldton, Australia
Chicago, United States
Australia
United States
United States
United States
United States
Muenster, Germany
United States
United States
United States
United States
United States
Norway
Netherlands
Italy
United States
Germany
United States
Germany
United States
San Ramon, CA, United States
Bishop Gorman High School Micro Bank
Las Vegas, United States
United States
Israel
donegal ireland, Ireland
United States
Germany
Germany
United States
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