I will buy grains and food stuff for my retail shop

Esther

Nyatike, Kenya

100% repaid

Entrepreneur

Name

Esther

Member since

May 2017

On-time repayments

5 installments  •  60%

About Me

I I was born in Awendo subcounty in South Nyanza, I grew very well since I was healthy.
I overcame my hardship through working hard.
I was inspired by a close friend to start a business.
The land where I live is slightly sloapy and it's has black cotton soil.
I have 4 children who are still studying, 1) wants to be a doctor. 2) two wants to be teachers. 3)wants to be engineer.
My hobby is farming and reading books

My Business

I started a small retail shop. I sell food stuff, grains and basic house items.
Since I stay in a place that is not near a town, all the neighborhood just prefer buying from me.
I chose this business because there is high demand and yield profit.
In my business, for instance I buy sugar from wholesaler for kshs 3000 and sell for kshs 4000.
I use the profit I get from the business to payable school fees and reinvesting in the business

Loan Proposal

I will buy rice grain for $27 and I will raise $35,,buy sugar for $30 and gets a profit of $40.
The profit will help in the growth of the business and helping others by reducing their transport cost.
My business profit will increase supply in my business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$5.00

Date disbursed

May 6, 2017

Repayment status

On Time

Projected term

5 weeks

Other loans

Lenders

Humble Bundle Community

San Francisco, United States

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  • Esther    May 4, 2017

    I will buy grains for my retail shop. It will help me reinvest in my retail shop.
    Thank you very much for the loan.

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