Buy more stock for sale

Kenneth

Kitui, Kenya

100% repaid

Entrepreneur

Name

Kenneth

Member since

August 2017

On-time repayments

41 installments  •  22%

About Me

i was born and grew up in Kitui county. Kitui is a great place as there are many different ethnic communities living here. In my schooling here i was able to interact and learn a lot from different people.
Ever since i had been involved in selling of our milk when i was young , i gained a lot of skills which enabled me to start and run a small business.
And after college studies I was able to start a general shop in kitui town estates which have supported my siblings and catered for other things for this long.
I love reading novels and playing basketball during my free time

My Business

I run a general retail shop where i sell sugar, flour, cooking oil , i also have cereals such as beans, maize, rice, among others.
I started this retail shop after a careful market survey in kitui township. I found out that there was need for a retail shop dealing in food products and other small household products.
In a week i make profits of upto $100 which i use in expansion of the business and meeting my basic needs together with those of my siblings.
My biggest challenge is stocking the shop as i also depend on it for daily upkeep of my siblings therefore am forced to use some of my stock.
My customers are teachers from the surrounding schools and some workers from the nearby vast farms in kitui.
My goals for the future include expanding my shop to stock and more products am so proud of my customers.

Loan Proposal

The purpose of the loan is to buy more stock of food stuffs for sale. maize flour 5 bundle is 6250,4bundles of wheat flour is 6000/= crate of bread is 750/=sugar is 4600/= ,100kgof rice is 6800/= soap is 1500 a doze.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$101.00

Date disbursed

Sep 10, 2017

Repayment status

On Time

Projected term

11 months

Lenders

PG

Paul Graham

United States

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