Food retail shop and green groceries
Nicholus
Kilifi, Kenya
100% repaid
Entrepreneur
Name
Nicholus
Member since
July 2016
On-time repayments
137 installments • 70%
About Me
My name is Nicholus Kai Haro aged 45 years. I am married to one wife and have 3 children. I have a bachelors degree in education majored in Special needs education. I am ateacher by profession teaching the mentally handicapped children in my country kenya. I have been in this profession for the past 17 years and I am the teacher in charge of the special Unit for the mentally handicapped children in the school. I am an employee of Teachers service commission. Beside being employed I am a business man.
My Business
My business started as a small retail shop dealing with food items and incorporation of green vegetables and little bit of cereals but has now grown to a big business.
My goods are in high demand because I always buy goods of high quality and fresh, the business premises is ever clean and tidy, the business attendants/ shop keepers use good and persuasive language.
I chose the business because the demand for the food and vegetables items was so high in the area and the supply was low and limited.
The typical costs and revenue include costs of the items, power, tax from county government. The income is able to cater for the cost and revenue , repay zidish loans and be able to cater for other development activities. So there is
alway profit.
I use the profit for education of my children in schools, reinvestment as in the case of my rental business house and improvement of my home and genera improvement of my life status.
Loan Proposal
I shall use the loan fund to buy the following items for my food retail shop and green groceries, 5 bales of maize flour at KES7000, 5 bales of wheat flour at KES6500, 2 canes of cooking oil atKES 5300, 4crates of milk KES 2800,2 bags of potatoes at KES 8000, 2 bags of cabbages at KES 4000, 2 crates of tomatoes at KES 5600, 2 nets of onions at KES 6000, 2 crates of bananas at KES3600 and 2 bags of oranges at KES 5000 and use the balance for transpot.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$554.00
Date disbursed
Mar 17, 2017
Repayment status
On Time
Projected term
4 months
Lenders
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Summary
Amount repaid
$560.10
Amount remaining
$0.00
Date repaid
Jul 16, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 26, 2017 | $30.85 | Mar 26, 2017 | $30.85 |
| Apr 2, 2017 | $30.85 | Apr 2, 2017 | $30.85 |
| Apr 9, 2017 | $30.85 | Apr 9, 2017 | $30.85 |
| Apr 16, 2017 | $30.85 | Apr 16, 2017 | $30.85 |
| Apr 23, 2017 | $30.85 | Apr 23, 2017 | $30.85 |
| Apr 30, 2017 | $30.85 | Apr 30, 2017 | $30.85 |
| May 7, 2017 | $30.85 | May 7, 2017 | $30.85 |
| May 14, 2017 | $30.85 | May 14, 2017 | $30.85 |
| May 21, 2017 | $30.85 | May 21, 2017 | $30.85 |
| May 28, 2017 | $30.85 | May 28, 2017 | $30.85 |
| Jun 4, 2017 | $30.85 | Jun 4, 2017 | $30.85 |
| Jun 11, 2017 | $30.85 | Jun 11, 2017 | $30.85 |
| Jun 18, 2017 | $30.85 | Jun 18, 2017 | $30.85 |
| Jun 25, 2017 | $30.85 | Jun 25, 2017 | $30.85 |
| Jul 2, 2017 | $30.85 | Jul 2, 2017 | $30.85 |
| Jul 9, 2017 | $30.85 | Jul 9, 2017 | $30.85 |
| Jul 16, 2017 | $30.85 | Jul 16, 2017 | $30.85 |
| Jul 23, 2017 | $30.85 | Jul 16, 2017 | $30.85 |
| Jul 30, 2017 | $4.87 | Jul 16, 2017 | $4.87 |
Sandi Smith Oct 29, 2017
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