Boost my stock levels in my shop

Alexander

Nairobi, Kenya

100% paid forward

Entrepreneur

Name

Alexander

Member since

March 2015

On-time repayments

44 installments  •  34%

About Me

I am a 24 year old kenyan currently residing at the capital city of kenya nairobi.
I have been raised by a single mother and hence my childhood was very challenging but i managed to clear my high school education and now am doing my Certified Public Accounting examination currently in section three.Having been able to come this far i really have overcome the financial challenges most people face in their quest to get good education so as to succeed in life.
Back in 2013 having the financial constraints to pay my school fees i had to think outside the box on how to get an extra cent to boost me financially.I started buying house hold goods at a wholesale price and doing door to door marketing i.e directly to the consumer.
I started selling and by GodS grace i was able to get some profits which i was using to pay my school fees.After one year i realised that most of my friends were facing the same challenge and i recruited them into my team and started marketing the products as a team, currently we are 8 in the team and growing.
the one unique thing about Kenyans is that we are very enterprising and go-getters,when we see an opportunity to better our lives we go for it with all the passion and determination
I have no children at the moment but i would love my children to get the best education their is in this world and live a happy life to bring me happy grandchildren and succesful.When am not in my business or studying i like perfecting my guitar playing skills because playing the guitar gives me such a relaxation

My Business

My company mainly deals with door to door marketing of house hold goods like toothpaste,toothbrush,body lotions which are in very high demand in our country.
I usually source the products from wholesalers then sell them to the consumers at a profit.
Toothpaste is used in almost every home in our country and more so on a daily basis with some people brushing twice or thrice a day.This makes its demand to be very high and throughout the year making it possible for my business to survive through any season.
My main cost is transport to pick the inventory,rent and i also pay myself a salary every month because i work on the business fulltime
Mostly i do reinvest most of my profits because i want to grow my business

Project Proposal

I will buy more stocks for my business to boost profitability.

Feedback

None

None

None

Project Info

Project Type

Pay It Forward

Disbursed amount

$27.00

Date disbursed

Aug 28, 2022

Backers

Lilian

Nairobi, Kenya

M

Makaio

United States

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Payments Forward

Amount returned to the platform for this project

$24.92

Pay It Forward Projects funded by Alexander

$75 (5 Projects)

Projects funded by Alexander's Pay It Forward recipients

$1,718 (88 Projects)

Alexander paid it forward to:

Josephat Wakasawa

Water