More stock for my shop

Richard

Mombasa, Kenya

8% paid forward

Entrepreneur

Name

Richard

Member since

June 2017

On-time repayments

189 installments  •  68%

About Me

My name is Richard Momanyi. I was born in Kisii county which is in the western part of Kenya. The main occupation there is farming and my parents are small scale farmers. I grew up helping them in the farm and we also used to keep some domestic animals like cows and goats.

I am married and looking forward to starting a family with of two children.

My Business

I do business in the coastal town of Mombasa city where I sell household items in a small shop. I sell items such as cooking oil, maize and wheat flour, sugar etc. I serve people who live in my neighborhood.

I make around $100 per month but I am hoping to increase this amount as I keep expanding the business. This amount will inch upwards due to continued support I am getting from Zidisha.

Project Proposal

I will use this loan to increase my stock of food items that I sell in my shop. I will buy maize and wheat flour. I will also add a stock of cooking oil and other small items like coffee and tea satchets.

I hope to make good and quick sales of the items and this will help me with my business expansion plans.

Feedback

None

None

None

Project Info

Project Type

Pay It Forward

Disbursed amount

$183.00

Date disbursed

Aug 25, 2024

Backers

dlpringle

Denver, United States

AH

ajay hampapur

United States

Sinan Taifour

Munich, Germany, Germany

Zakayo

Nairobi, Kenya

RA

Ray and Abram

Melbourne, Australia

AC

Andrew Crawford

Hamburg, Germany

A

Anonymous

United States

Gladys

Likoni, Kenya

D

David

United States

Christine

Nairobi, Kenya

Agnetha

Dodoma, Tanzania

Victoria Oluwakemi

Ibadan, Nigeria

Raphael

Nairobi, Kenya

Ask Richard a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Richard    Sep 2, 2024

    I need a bit of time to invest this money and get reasonable returns. Thank you for your understanding.

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  • Richard    Aug 25, 2024

    I say thank you to you all the backers for your generosity. This loan means a lot to me since I need to boost my stock as we head to what we expect to be a busy season.

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  • Agnetha    Aug 25, 2024

    All the best Richard

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  • Andrew Crawford    Aug 12, 2024

    Good luck Richard!

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  • Richard    Aug 12, 2024

    I thank the contributors for funding the just ended loan. I used it to introduce utensils in my retail shop and so far it is doing well.

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  • Richard    Jul 29, 2024

    I can only afford to pay this amount for now. I will adjust later on when the business improves.

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  • Richard    Jul 17, 2024

    I wish to continue with this amount for now. I hope to change soon.

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  • Richard    Jun 14, 2024

    I can only afford to pay this amount for now. I will adjust later on when the business improves.

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  • Richard    May 16, 2024

    I'll need a bit of time to invest this money and get reasonable returns. Thank you for your understanding.

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  • Richard    May 15, 2024

    Thank you so much to all that made their contributions towards this loan. I will be able to actualize my ambition of adding the said items in my shop thus increase my sales and profit. I promise to repay this facility to the last dollar.

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  • Leonard    May 15, 2024

    Jikaze kakangu!

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  • Deselina    May 8, 2024

    All the very best Richard

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  • Richard    May 4, 2024

    I am very grateful for holding my hand. As a result, my business has grown at a very fast rate. I have used the credit to increase my capacity and this has contributed a lot to my business growth.

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  • Richard    Oct 27, 2023

    I am unable to raise more than this amount for now due to low business sales. I hope to change this as soon as the situation changes.

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  • Richard    Oct 11, 2023

    I have invested the money in my business. I hope to adjust as soon as the sales pick up.

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  • Richard    Oct 10, 2023

    Thanks you zidisha for funding my project
    I was able to restock my kiosk - I bought rice,oil, sugar flour, soap, the foodstuffs I do sell to earn a living
    God bless you much.love you muc

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  • Richard    Oct 9, 2023

    Thank you very much for the funding. I'll use the money to increase the much needed stock. This will in turn increase my daily sales.

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  • Peres    Oct 8, 2023

    Good work

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  • Richard    Oct 2, 2023

    Dear Zidisha team. I thank you for funding my previous bid. I was able to get more stock and this contributed to the growth of my business.

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