Maize flour production and packing

Ghati Mwakabe

Dodoma City, Tanzania

67% paid forward

Entrepreneur

Name

Ghati Mwakabe

Member since

July 2024

On-time repayments

6 installments  •  67%

About Me

My name is Ghati Mwikwabe Daudi, I was born in Tarime Mara 33 years ago in a family of five (5) children, That am the first

My Business

The journey of entrepreneurship started in 2011 when I was studying at MOROGORO TEACHING COLLEGE I grew up going to the market and buying Ubuyu and peanuts and packing them and selling them to my classmates, for both years I was able to save for myself which is a profit of sh 600,000/=
In 2013, after graduation, I spent Shs 600,000/= to buy women's clothes and sell them at auctions and all places with large gatherings and open markets.
In 2021 in the month (November) I collected all the Profits of 7 years and had an amount of 8 million where I was able to buy (A) 2 Motors, and 2 Mills for grinding and threshing Grain as well as renting the area (Frame) and erecting all the machines
For all those years I have been grinding the customers who come with their grains
In 2023 (December) I officially started packing Sembe Flour and Dona
I buy 1 kg of corn for 700 shs
current price and grind a 120 kg sack, and pack in 5, 10 and 25 kg packaging
I have hired two young people, who are responsible for production
The biggest challenge I face is capital to keep pace with the market

Project Proposal

I am asking to be given the amount of sh 300,000 which I will use to buy 428 kg of corn which will give an amount of 375 kg which will give 375000 sh after selling the flour and bran
where after all the expenses I will be left with 363,000 shs
Refund period, I will refund Sh 100,000 per week

Feedback

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Project Info

Project Type

Pay It Forward

Disbursed amount

$118.00

Date disbursed

Jul 21, 2024

Backers

Nicholas

Nairobi, Kenya

Lweendo

Lusaka, Zambia

Melody

Kabwe, Zambia

John

Nairobi, Kenya

Brian

Chongwe, Zambia

Royd

Livingstone, Zambia

Esnart

Lusaka, Zambia

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  • Ghati Mwakabe    Jul 28, 2024

    I am indescribably happy,I received my first loan on July 21 and today am paying My first refund,iam very happy
    I managed to buy Four sacks of Maize with 108kg each,I peeled and ground and produced a total of 300kg of SEMBE Flour which I packed in Five 5 kg bags where got a total of 60 bags of Flour
    I thank you very much for this capital you gave me which has increased the value of my flour business will continue to develop in the future......May our almighty GOD bless you all

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  • Ghati Mwakabe    Jul 21, 2024

    This money that I Will get I will buy 400kg of corn and install electricity for grinding and packing the flour in package and sell it
    This will help me a lot to grow my business and able to make returns on time without any hindrance
    I thank all of you who were touched and helped me with this loan that will be able to lift my business and increase my income....My GOD bless you very much and more

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  • Lweendo    Jul 20, 2024

    Good luck and all the best to you Mwakabe.

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