Funding for baby bed & additional stock to my shop

Antony

Nairobi Umoja Estate, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Antony

Member since

August 2014

On-time repayments

282 installments • 17%

About Me

My current resindence place is umoja (innercore) plot no:229.i am married to Francisca gakii and a father to brucecollins muthomi our first born son.on 1st dec 2014, we were blessed with twin baby boys name Ken and Khan. having been born from a tea catchment area,i have grown to see many young men do not think outside tea farming.i started my first business in 2005 were i operated a computer services shop at kionyo market for up to 2010 when i opted out of the said business after several players enter into the said field thus leading to unhealthy competition.i went back to farming were i managed to plant over 2000 trees of tomarlilo (tree tomato) fruits plant.this was a good venture but it went down after the spread of unknown disease which destroyed the crop thus great losses followed.with the help of my elder sister funding, i moved to nairobi umoja estate were i stated jack shop on April 2014 as a ordinary household shop wereby i stocked items like sugar, cooking fat, salt, milk e.t.c.after one month of operation, i discovered an opportunity in in electronic money transfer i.e m-pesa and airtel money,with the cash i had from the shop,i applied for both and i was offered the agency which am operating under the same shop.I have a dream of transforming this shop to be
A wholesale outlet and by almighty grace a supplier outlet to server umoja community.

My Business

i respect my business because since i started,it has enabled me to provide for my family and pay rent. i know if i can raise more capital to fund the stocking of the shop,i can get more income from it because i have not managed to stock most of goods which my customer need.i also have a problem with m-pesa and airtel money because some time i can't make big transactions becuase i am operating with limited float.if i get any funding, i will invest it into my business because i know it will pay back.my first loan from zindisha was small but it has enabled me to stock several snack which sales have worked wonderfuly in terms of returns. I am also in a prosses of buying an airtime vending machine which I hope will he operational by the end of this week mainly because of customers who need airtime of high denominations.

Loan Proposal

1. Buy baby cout bed for my twin baby boys @ a cost $42.4.
2. Buy mumias sugar for my shop 50kg @ a cost of $51.3
3. buy mwea pishori rice for my shop 50kg @ a cost of $70.
4. Buy 2 dozens more of led electric bulbs @ a cost of $40.1
Total cost is $203.8