Extending my shop to be a self-service supermarket
Joshua Mudianga
Kondele Village,kisumu, Kenya
20% repaid
Entrepreneur
Name
Joshua Mudianga
Member since
February 2014
On-time repayments
95 installments • 18%
About Me
Hi everyone. I’m Joshua Mudianga Aoro.I was born in 04\04\1994.I am a resident of Kondele Village,Kisumu District,Nyanza province. My area chief is called M'c Owitti Arthur. From his office you can walk for less than ten minutes to get my residence home.
I have one wife called Akinyi and two children both are boys. I am of Christian faith and i congregate at the Pentecostal Assembly Church together with my family here in Kondele town. I like being here because i also work at the shopping Center in my small shop.
My Business
I own a small retail shop. My shop is located at the Kondele open market. In this village there are countable shops within which makes our services to be of high demand. I started my business two (2)years back. I have also registered my shop under the Local Authority's levy Act, which mandates all legal businesses within town to be permitted by the issuance of the annual licenses. My shop sells all types of domestic goods\items like,sugar,salt,cooking oil,breads,rice,matchboxes,credit-cards(safaricom,Yu,Airtel and Orange)among other many varieties of household items\goods.
In a busy month i gets a revenue of around ksh.120,000.After then i restock my shop with additional goods and pays all my business and home expenses. I am remained with ksh.40,000.net profit after all the expenses paid. This means that as Zidisha team will be considering to loan me through my shop,i am planning to extend my shop to be more spacious and to be a self-service one. This will make my shop to be a mini supermarket, and later to be a self-service supermarket. I will in future open another mini shop in another village so as to satisfy my customers needs and to target more sales and profit. Thank you.
Loan Proposal
Thank you zidisha platform for considering my business.From the loan from your institution,i am planning to extend my shop to be more spacious and to be a self-service shopping point. This will make my shop to be a mini supermarket, and later to be a self-service supermarket. I will in future open another mini shop in another village so as to satisfy my customers needs and to target more sales and profit. Thank you all and i welcome the bidders for the funding.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Mar 11, 2014
Repayment status
Late
Projected term
22 months
Lenders
Jake Gibson and Beverly Picardo
San Francisco, United States
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