Entrepreneur
Name
Josephat
Member since
May 2022
On-time repayments
23 installments • 26%
About Me
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.
My Business
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
Project Proposal
Dear
I am in need of a loan to stock up my cereals shop in Nairobi (Kawangware area). A bag of maize costs kes 4500 and is sold @4750 kes, which is equivalent to kes 250 profit for each bag of maize sold.
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Project Info
Project Type
Pay It Forward
Disbursed amount
$13.00
Date disbursed
Jun 10, 2022
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