Sugarcane machine to make juice

John

Ngarariga, Kenya

100% repaid

Entrepreneur

Name

John

Member since

December 2014

On-time repayments

219 installments  •  83%

About Me

I'm originally from the Nyanza part of Kenya but now reside in Central Kenya. I am married to a beautiful wife and blessed with two beautiful girls aged 4 and one years respectively. I'm a form 4 leaver and have a certificate in computer packages. Although I worked as a computer tutor in Nyanza , the pay was not enough and I moved to Ngarariga in Central Kenya in search of greener pastures. This was after I got married and the need to get more income to sustain my family become dire.

In Ngarariga, I opted for manual construction jobs and worked for an year. I saved enough to buy a wheelbarrow as you can see in my profile picture and started to sell sugar cane at the stage. Compared to the manual jobs, I can say I'm at better place and my livelihood is stable.

My Business

I sell sugarcane at the Ngarariga bus stage on a wheel barrow. I buy sugar cane and sell it in small bits but now i what to start buying in larger amount from farmers so that i can get big profit and have my own store with the loan you will give to me . Sugarcane is enticing and I have ready customer who are boarding and alighting at the stage. It is fast moving as well. I have been the business for one year and a half now and my business is thriving, I am the only one who sells sugarcane at the stage and I am yet to get a competitor. My courtesy and good customers services has been the key factors for maintaining my customers.

On a good day I can make up to Kshs 3000(approx $ 30). I use the money to buy stock after two weeks, buy food for my family daily and save the rest. I want to buy sugarcane to store in my store which had already rent for storage other two wheelbarrows in the near feature and fur to get workers to be selling the sugarcane for me on the opposite side of the stage and fur stage which is 3km away so that i can increase my income and create more employment too.

Loan Proposal

I will use the money to buy Sugarcane Machine which cost 600dollars, this machine will be located at Kikuyu in Kiambu County this type of machine it will help to make juice for old age people in that area since they used to come to look for me in Limuru Town for sugarcane juice since they has discovered it is used to wash kidney, blood and strengthen teeth. The create of that machine in that area will help to create new employment for youth and also increase my earning despite of that my family hood will enjoy the fruit of it through schooling of my children in good school, the profit will increase from (30-50dollars) per day. Thanks in advance all lenders if you consider my request God be with you.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$616.00

Date disbursed

Aug 18, 2016

Repayment status

On Time

Projected term

7 months

Lenders

The Zinc Team

San Francisco, United States

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