Rice and maize flour for grocery shop
Daniel
Nairobi City, Kenya
100% repaid
Entrepreneur
Name
Daniel
Member since
June 2017
On-time repayments
52 installments • 23%
About Me
I'm 27 years of age born in a family of eight brought up by two parents who are still alive but they were just farmers keeping livestock ,completed my primary school 2006 attaining a grade which took me to a provincial school where I achieved a grade of B- qualified to join parallel university of which I was not able to raise my school fees .This made me to open a small hotel which I found that it is helping me so much to gather for my family needs,the only challenge that I am facing is lack of capital to raise my business in order for it to strive well hope against hope that if you help me I will be so grateful and faithful to pay my loan on time.
My Business
Recently I joined a certain ministry which pays me some amount of money worth 35000 Kshs per month of which I need some extra money to achieve my goal.I opened a mpesa to extended my business because I saw that majority of people here are farmet s hence they can withdraw money and deposit at the same time.This has a lot of advantage in that it earns me some income which I use to pay my loan and for personal use.
Loan Proposal
Buying of rice and maize flour for sale which will cost $200.This will help to increase the benefits which I will add more of rice and maize flour my customers will be able to get it in abundance.My profit will increase by 20%.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$20.00
Date disbursed
Sep 16, 2017
Repayment status
On Time
Projected term
1 week
Other loans
Lenders
United States
France
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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