Stock of maize, sorghum, wheat, rice and beans for retail
Simon
Nakuru, Kenya
$0 to go
100% funded of $448 goal
0
days left
Entrepreneur
Name
Simon
Member since
September 2013
On-time repayments
284 installments • 3%
About Me
i am simon kariuki ng'ang'a age 23 years of age and from a family of five that is my mother,my father,my brother.our last born sister and I,i finished form four two years ago and since then i have been working in various constructions companies helping in building houses so that i could look for some capital to start my food store shop which i run now.Before startingvthis business, i husled a lot to get ajob and thats why i finaly decided to di this menial jobs so that i can make the ends meet, M y hard work and commitment made me to realise my dreams of owning my own business franchise. i started this food store last year on april with 120 dollarsl only and with the help of my parents i have been able to be patient till now that my business has started picking well.because for now i do make sales of 400 dollars every month and when i pay the municipal council license and shop rent i end remaining with 200 dollars and from the 200 dollars i have been able to register for a business management course in kenya institute of management in nakuru town where i do attend my classes 3days a week and when am not around i do let the lady i have employed to help me in managing my business.i now need a loan to add more stock of cereals in my shop.with this lioan in place I will confortably jamstart my business.your loan will surely bring joy to me and to the whole of my family.your kind help will be highly appreciated. thank you and my God bless you
My Business
Hilenders, let me take this precious opportunity to thank you verymuch for your kind help towards my business.I want to let youknow that your loan has realy changed my life and the general status of my business.Your loan realy transformed my business status and now I do make lots os profit and I now need financial
of451 dollars and this loan am going to buy maize stock around 2.5 bags of maize worth 120 dollars-.then beans 2 bags worth 70 dollars .then millet 2 bags worth 60 dollars,rice 50kg worth 20 dollars,sugar 1.5bags worth 60 dollars,salt worth 15 dollars,maize flour,wheat flour and wheat itself will cost me 80 dollars.this is going to boost my stock and i believe i will be able to move my business to another level.my business capital is just as i have illustrated above and also i do repair some motor cycles of where i do get some cash that help me to boost the business.therefore your help will be a great thing to my life and business in general.After restocking my business the profitability will tripple according to my financialprojections.repayment of this loan will be made entirely from my business profit.your kind and financial help and financial boost will be highly appreciated.i dearly thank you for your kind support , it will dearly improve the status of my business.thank you and God bless you guys.
Loan Proposal
lenders,i feel honoured to apply for my second loan in your organisation,your loan has really helped me to restructure my business.i have managed to repay my loan in time because of the help you gave me.i now need a financial loan of 451 dollars so as to improve my stock size.i am going to distribute this loan as follows.i will use 120 dollars to add more stock of maize,25 dollars to add 1 bag of sorghum,80 dollars to add 4 bags of wheat,20 dollars to add stock of rice,70 dollars to add 2 bags of beans,60 dollars to add 2 bags of millet,60 dollars to add 1.5 bags of sugar and the remaining 15 dollars i will use to add 1 dozen of salt.with this stock in place i will have maximum profitability in my shop.i will manage to repay the loan with the profit i am going to get,thank you
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Loan Info
Project Type
Classic Loan
Disbursed amount
$448.00
Date disbursed
May 30, 2014
Repayment status
Late
Projected term
64 months
Other loans
Lenders
Chicago, United States
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