Business restocking of vegetables to sell in provisions store

Kennedy

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Kennedy

Member since

May 2021

On-time repayments

53 installments  •  40%

About Me

Am Kennedy Ndeto from Nairobi Kenya. Am the firstborn of peasant farmers with four other siblings. I grew up in the eastern part of our country I.e kangundo in Machakos county. Schooling in the late 80s and 90s in all rural Kenya was an uphill task. I was not an exception. From trekking barefooted for kilometers, tattered uniforms, and the hunger pangs but I overcame these and did my eight years primary and four years secondary education. I dint perform very well in my high school hence I remained home helping my peasant farmers until I was employed by the Government of Kenya as a public servant. After I married and started a family expenses kept raising unable to be covered by my salary. I opened a small vegetable business to support my wife and partner to raise our three children but which has have been hit hard by the corona pandemic. Hopefully, I can get some funding which I plan to pay using my small salary and raise steadily again to a more meaningful business.

My Business

I Am employed by GOK as a public servant.
Again, I have a small vegetable vending business in partnership with my wife. We sell tomatoes, Kales, cabbages and few fruits within our neighborhood. We choose this business because its low startup capital and the few government licenses required. Currently, most of the profits from this carter for our family needs like rent, food, electricity and water, and school fees.

Loan Proposal

A small percentage will be used to prepare my daughter who is joining high school and the rest to increase the stock to see if I can raise the profits by a margin of 2%

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$53.00

Date disbursed

Jul 14, 2021

Repayment status

On Time

Projected term

4 weeks

Lenders

KM

Kent McIntosh

California, United States

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Summary

Amount repaid

$53.99

Amount remaining

$0.00

Date repaid

Aug 29, 2021

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jul 24, 2021 $13.50 Aug 29, 2021 $13.50
Jul 31, 2021 $13.50 Aug 29, 2021 $13.50
Aug 7, 2021 $13.50 Aug 29, 2021 $13.50
Aug 14, 2021 $13.48 Aug 29, 2021 $13.48

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