Boost my retail shop

Salome

Malindi, Kenya

100% repaid

Entrepreneur

Name

Salome

Member since

April 2015

On-time repayments

56 installments  •  93%

About Me

My name is Salome mwangala.
During my childhood education was not that easy for me.
I faced many challenges but eventually i managed to survive the test and thats why i am where i am today.
I would like also to coment on my culture for it is unique in our land. It is so distinguished in that peoples staple food is ugali. I would like my future children to grow in the fear of the lord. I like reading the bible.

My Business

My business is multi dimensional in that it deals with retail goods.
I sell variety of goods on a small scale.
The reason for this was to maximize profit.
Because I believe that variety is the spice of business and dealing with one category of good would not be worthy paying even to pay the rent for the room am using. Hereby applying this loan will enable me deal with more goods even on large scale.

Loan Proposal

When I get this loan of KES 14928 I will use it to buy stock for my retail goods especially foods such as maize and wheat flour, sugar etc.
This loan will enable me expand my business since the capital am operating with is small.
I plan to use this loan of 14928 to boost my stock.
The expenditure will be as follows:
- 3bundles of maize flour for KES 3500.
- 2bundles of wheat flour for KES 3000.
- 1bag of 50kgs sugar for KES 4500.
The remaining amount will go to other small goods.
This loan will be of great help to me and the comunity at large.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Sep 10, 2015

Repayment status

On Time

Projected term

3 months

Other loans

Lenders

PG

Paul Graham

United States

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