Name
Josephat
Member since
May 2022
On-time repayments
23 installments • 26%
My name is Josephat Mungoche. I posses a bachelors and masters of science in Range Management from the University of Nairobi. I am interested in running a successful business that will create employment and improve my financial and general economic well-being of the country.
I run a cereals company by the name Delite Millers and Livestock Feeds Distributors Ltd located in Kawangware Nairobi. I buy the cereals from distributors and sell them at the company premises. I recently used Kes 1,050,000 to purchase machinery for milling of maize. I have run out of stocks and I am currently looking for an investors/loan/partner whom we can purchase the stocks and then i repay on weekly, daily or monthly basis. I am looking for the first financing of Kes 100,000 to accomplish this great mission. My weakly revenue is between Kes 100,000 to 150,000
The project entails buying and selling of maize and assorted cereals. The profit margin is enough to pay up the loan on time.
Positive
None
Neutral
None
Negative
None
Project Type
Pay It Forward
Disbursed amount
$50.00
Date disbursed
Jan 14, 2023
Other projects
Amount returned to the platform for this project
$48.18
Pay It Forward Projects funded by Josephat
$116 (6 Projects)
Projects funded by Josephat's Pay It Forward recipients
$274 (18 Projects)
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