share

Rael G

Rael Aminga Cereals Business

Borabu, Kenya

Personal Story

I grew up in rural Kenya at Bomachoge. Growing up life was very hard. Coming up from a poor family I was expected to engage in daily chores such as fetching water from the streams, firewood or digging early morning or evening before going to school. These things really compromised my schooling. At grade 8 some of my family members wanted me to stop school and learn tailoring or hair braiding. My father changed his mind and took me through secondary school in which I did not do very well due to home environment hardships.

Then I went to Nairobi to work in a restaurant, it is where I met my husband. Life continued to be hard. I left Nairobi to live in my husband’s home. We were selling bread on a bicycle. It did not work. My husband left to find job and he recently joined police. Though I don't have a clear picture of how much he makes I am grateful because he added to the money I collect from merry go round at our Grace Fund project to assist me to start a cereal business. I have always wanted to do business but our low level of income has been a hindrance. We had to quit selling bread on the bicycle as the work was so much and the returns so low. My dream now is to grow my cereal business and impact my family and community

Business Description

I buy and sell cereals including beans, maize and millet. I decided to start this business 2 years ago. I began this business after a very long process of struggle, first to sell bread on a bicycle and then working at my husband's peasant farm. It was very difficult. Since I have passion for entrepreneurship and access to cereals I decided to buy and sell cereals.

Joining the women’s groups, Grace Fund and merry go rounds plus my husband’s support has helped me to start this business. I buy maize, beans and millet and transport to Nairobi to sell. My biggest challenge was the loses. At first I was losing due to high transport and also I was buying during the wrong season. The other challenge has been high transport costs, and too little money to purchase produce. I have learned to buy when there is harvest and sell when there is scarcity. I started this business 2 years a go and it is making a difference. Now I am feeling good because the business has helped us to build a mud iron sheet house and moved from a grass thatched hut. My goal is to increase profit so that I can build a brick house and pay fees for my kids. This loan will help me meet this goal. Thank you Kiva lenders for all your help.

What is the purpose of this loan?

This loan will assist me to stock more produce specifically millet. It has high market and I do not have enough on stock. I expect that profit from here will help me expand my business. I expect eventually to do big sales to Nairobi where food is very scarce due to large populations. I want to grow this business so I can alleviate poverty in my family through also educating my kids and building a better housing structure.

Rael G's loan is endorsed by Grace Mose. The information below explains why her trustee thinks Rael G is a great candidate for a Kiva Zip loan.
How long have you known this person?

More than 5 years

Tell us about your relationship with this borrower.

I met Rael about 5 years ago. Rael has been one of my village women working so hard to make ends meet. She joined the Grace Fund, a project of Hope Foundation for African Women, both which I started and direct, which empowers women through civic education, women's rights and economic activities. She is one of the women determined to shun female genital mutilation and to do so needs education and economic empowerment. I also worked with her in the Grace Fund group project of making bricks

Tell us about this borrower's personality and character, and why you are endorsing him or her for a Kiva Zip loan.

Very hardworking young woman, very focused and determined to change her life and that of her family.She is honest and straight forward. I have known Rael since she participates in the Grace Fund projects and she lives in my village. I am endorsing her because I trust her and know that given a chance she will impact her family and community

Tell us about this borrower's business, and why you believe a Kiva Zip loan will contribute to his or her success.

Rael began a cereal business 2 years ago from the funds raised during the Grace Fund Merry go rounds and her husband's help. She buys bean, maize and millet and transports to Nairobi to sell.This business is already beginning to change her life as it has now enabled Rael to build a iron sheet house moving from a grass thatched hut. The Kiva loan will be of enormous value to Rael as it will help increase the amount of cereal she can buy and sell.

Loading comments...
ENDED

A loan of $125 helps me to expand my cereal business through buying items such as millet, beans, and maize

Disbursed Nov 28, 2012
Repayment Term:
3 monthly payments
Grace Period:
N/A
Listed:
Nov 24, 2012
Disbursed:
Nov 28, 2012
Paying Back:
Nov 29, 2012
Ended:
Feb 28, 2013

About Rael Aminga Cereals Business

Industry:
Agriculture
Years in Operation:
1 year - 3 years
Badges:
Badge_repayment_bronze_smallBadge_connectedness_bronze_small

What are Borrower Badges?

Borrower Badges are a system designed to recognize and reward borrowers’ engagement with the Kiva Zip website.

There are two types of badges that are tiered like medals: Gold, Silver and Bronze.

  1. 'Repayment badges' are awarded for the on-time repayment of loans.
  2. 'Connectedness badges' are awarded for engagement with the Kiva Zip website.

Other loans in The Grace Fund B Group

What is a group?
[Image]
Jacqueline K
Borabu, Kenya
Disbursed Nov 28, 2012
[Image]
Agnes K.
Borabu, Kenya
Disbursed Nov 28, 2012
[Image]
Agnes N.
Borabu, Kenya
Disbursed Nov 28, 2012
[Image]
Ruth K.
Borabu, Kenya
Disbursed Nov 28, 2012

This loan is endorsed by

Trustee Type:
Individual
Location:
Nairobi , Kenya
Badges:
Badge_repayment_gold_small Badge_connectedness_gold_small
On Zip Since:
Nov 24, 2012
(17 months)
Loans Endorsed:
66
Total Value:
$13,850
Fundraising/Raised:
0
Paying on Time:
7
Paying Back Late:
11
Repaid in Full:
48
Defaulted:
0
Repayment Rate:
96%
Why are you endorsing Rael G?

Very hardworking young woman, very focused and determined to change her life and that of her family.She is honest and straight forward. I have known Rael since she participates in the Grace Fund projects and she lives in my village. I am endorsing her because I trust her and know that given a cha...

What are Trustee Badges?

Trustee Badges are a system designed to recognize and reward trustees’ engagement with the Kiva Zip website.

There are two types of badges that are tiered like medals: Gold, Silver and Bronze.

  1. 'Repayment badges' are awarded for the on-time repayment of loans.
  2. 'Connectedness badges' are awarded for engagement with the Kiva Zip website.
Innovations in person-to-person lending © 2005 - 2012 Kiva. All rights reserved. Kiva is a U.S. 501(c)3 non-profit organization.