Posho mill

H

Mombasa, Kenya

100% repaid

Entrepreneur

Name

H

Member since

March 2015

On-time repayments

48 installments  •  58%

About Me

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My Business

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Loan Proposal

I want to start a posho mill in our village that will serve our community to grind maize flour. The Posho mill will have a capacity to work on 180 kilos of maize per hour and running for eight hours a day, producing 1.4 ton of maize per day.

The cost of posho mill is 1,200 usd , so far I have 400$ and im requesting for support of 800$. Im expecting good returns from the posho mill average 15$ per day. The posho mill will run 6 days per week that's Monday to Saturday. The profits I will use to repay the loan and after I complete repayment I will invest on maize Sheller machine that would pre clean a variety of cereals. I will also create employment which will empower family. I will appreciate your support of 800$.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$181.00

Date disbursed

Sep 23, 2015

Repayment status

On Time

Projected term

8 months

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