Transportation of groundnuts

Benard

City, Kenya

Funds disbursed

$0 to go

100% funded of $2 goal

0

days left

Entrepreneur

Name

Benard

Member since

May 2017

On-time repayments

3 installments  •  33%

About Me

About Me
My name is Benard Otieno I am 27yrs of age, I come from Koru in the Kisumu county Region of Nyanza, I am 6ft tall in height and 65 as in body weight,
I have 2 siblings, my mother's name Boaz Osir & catherine akinyi and my father's name is JNicholas Otieno. I completed high school and studied Journalism at the east african school of media studies,due to some reason, I couldn't continued my education to pursue a degree on the same level but later with help of my mum's junior sister I was enroll in a university to pursue a one year course in certificate in Business management after completion I was lucky to start a peanut roasting business where i would roast and package my ground nuts in a packets of ksh 20 & ksh 50 ,i have done this for the past 1 years.
My idea is to start a peanut butter processing company to upgade from roasting ground nuts to packaging peanut butter.my passion is to set up peanut butter plant at the moment i have saved $500 on the same venture.

My Business

I am into ground nut roasting business . I currently roas 4kgms a day. This has been my business for 1 years now.ground nut roasting business is lucrative in my locality.on a dalily basis im getting $5 profit And there is ready market available for my roasted ground nuts however i would like to venture into peanut butter business,I wish to expand my business into peanut processing and packaging so that I shall have a created jobs also created a financial wall for my young family but due to lack of funds this dream has not fully materialized.

Loan Proposal

i would like to apply for the loan to help me in trasporting groundnuts from the market on friday morning,this is very good as it would help me get transport money.
i love zidisha for being there for us always.
my business has really groun,ghowever due to poverty i only get revenue for taking care of the family on a daly basis,this is overwhelming,i wanted at least 1500 kenya shillings ,however this is impossible as the system has agreed to only give me 260 kenya shillings.
i promise to pay my loan on time

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$2.00

Date disbursed

Oct 21, 2018

Repayment status

Late

Projected term

2 weeks

Other loans

Lenders

ads68

Melbourne, Australia

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Summary

Amount repaid

$0.00

Amount remaining

$2.86

Expected completion

Nov 4, 2018

Status

Repaying late

Installment amount

$1.43

Repayment History

Expected Payments Actual Payments
Oct 28, 2018 $1.43
Nov 4, 2018 $1.43

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