Sunday, March 30, 2008

Business partners

This week I signed an agreement with Eugene, the letter-writer and budding businessman. I have funded his request for a 25-kg bag of flour (I think it is cassava flour, wheat-flour is much more expensive than that) in exchange for a share of the profits, to be paid at the end of April. The plan is :

Purchase price : 6400 Frw
Expected income : 25kg x 400 Frw/kg = 10,000 Frw
Profit : 3600 Frw
My share : 1500 Frw

I am hoping that this may indeed help towards some self-sufficiency for Eugene. I’m not expecting it to be a smooth ride, however, nor to make either my fortune or his!

1 comment:

Anonymous said...

You write very well.