Cereals for my kiosk

Leonard

Nairobi, Kenya

25% paid forward

Entrepreneur

Name

Leonard

Member since

January 2019

On-time repayments

12 installments  •  67%

About Me

My name is Leonard Rotich and I am working with Ibrahim and Associates and also I run with my wife a shop mainly selling shop stuffs maily milk and eggs. We started shop business in 2019 December from sales of Kshs 500 to Kshs 3000per day exclusive of expenses.

My Business

This a shop basically dealing with milk and eggs as main high selling items. These are high moving items thus easily convertible to cash with the shortest time possible thus making business growing. My main revenue source is selling Milk, eggs and other shop stuffs eg bread, sugar, tea leaves. My cost mainly are purchases of shop stuffs. We use profit for reinvestment purpose thus business going concern is not doubt able.

Project Proposal

I am requesting for fund in order for me to buy additional cereal stock to avoid stock out since currently demand is very high and will want to take an opportunity to buy additional stock thus keeping my customers within my circle.

Feedback

None

None

None

Project Info

Project Type

Pay It Forward

Disbursed amount

$40.00

Date disbursed

Sep 13, 2022

Backers

Duncan

Nairobi, Kenya

Francis

Takoradi , Ghana

John

Kisii, Kenya

W

wisdom2080

Fullerton, United States

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  • Leonard    Nov 8, 2022

    Hi,
    AS a result of relocation of shop .. I closed the business as result of but hoping to open in future.

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  • Leonard    Oct 3, 2022

    I would like to change installment due to change of location as a results of order given by landlord to vacate the premise due to sell of property but I believe after one month , business will resume and my business will run smoothly as always.

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  • Leonard    Sep 13, 2022

    This amount will enable me to purchase more cereal since there is high market demand which will have a positive impact on my profit margin as compared to previous one. Once again thank you backers.

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  • Leonard    Sep 13, 2022

    Thank you very much backers for your contributions. Indeed Zidisha family is great,

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  • Leonard    Sep 12, 2022

    Thank you Backers for your fund so far you have channel... we are almost nearer to amount had requested

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  • Leonard    Sep 9, 2022

    Thank you very much for the last fund ,I received, I managed to buy some additional stock of cereals... although in between business went down due to election mood in Kenya but finally I have managed to clear all loan amount even before due date of 18th September. Therefore I requesting for another loan in rder for me to buy additional cereal stock

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  • Leonard    Aug 17, 2022

    The fund will enable me to purchase more cereals for my shop thus having enough stock in my shop. At the moment prices for cereals seem to be increasing due to inflation therefore buying them on time will create some saving.

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  • Leonard    Aug 17, 2022

    Thank you very your generous contribution towards my cereal project, indeed was able to purchased additional sacks of cereal thus contributing to more customers inflow contributing to revenue increase and reduction operational cost.

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  • Leonard    Aug 1, 2022

    The loan , I got enabled me to purchase more cereals for my shop thus keeping my customers always near me

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