Additional stock into my business

Julius

Nakuru, Kenya

Funds disbursed

$0 to go

100% funded of $20 goal

0

days left

Entrepreneur

Name

Julius

Member since

May 2017

On-time repayments

6 installments  •  0%

About Me

I am Julius but many people around refer to me as Jully, i schooled in Karima primary school, went to Nakuru high school and currently i am in my third year at the Egerton university. i was being supported by a single mother in school and therefore i had to do everything possible to work so as so as to support her in future. with my saving from my pocket money, i started my own business of selling retailed food staff to students around our campus area, my business was established that way.
What is unique about our culture in that after the demise of ones father, the person who assume the responsibility of taking care of the mother is the first born son and therefore by all mean, i being the eldest son had to take this responsibilities. my hobby is playing football and also watching football

My Business

i run a retail shop in Nakuru at the Egerton university students center. I thus sale food staffs like floor, salt, sugar, cooking oil, and so on. These goods that i offer for sale is very important because it is the most basic things that we require for survival. I chose this business so that i could support myself in school as well as support my mother at home who was struggling so much to make ends meat.
i use my profits as i have mentioned to educate myself as well as support my mother at home with her farming business

Loan Proposal

Given the 7 us dollars loan, i will add a total of 33 us dollars from my saving totaling the money to 40 us dollars, this money will help me in adding more stock to my food retail business.
I will benefit so much because i will increase my sales and in turn increase my profits. I expect a 30 us dollars income increase

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$20.00

Date disbursed

May 9, 2017

Repayment status

Late

Projected term

6 weeks

Lenders

Humble Bundle Community

San Francisco, United States

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Summary

Amount repaid

$0.00

Amount remaining

$19.83

Expected completion

Jun 22, 2017

Status

Repaying late

Installment amount

$3.95

Repayment History

Expected Payments Actual Payments
May 18, 2017 $3.95
May 25, 2017 $3.95
Jun 1, 2017 $3.95
Jun 8, 2017 $3.95
Jun 15, 2017 $3.95
Jun 22, 2017 $0.10

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