Shop upgrading

Mwihaki Ruth

Gilgil Town,kenya, Kenya

100% repaid

Entrepreneur

Name

Mwihaki Ruth

Member since

December 2017

On-time repayments

55 installments  •  25%

About Me

I come from Mwihoko estate,Gilgil town,Kenya.I am a small scale busioness lady in a domestic category.
I am a mother of two children and one husband.

My Business

I am shop retailer .My shop is at Mwihoko estate,Gilgil town,Kenya.I purchase goods in wholesale in town and re-sell them in retailer in my small shop.
I started this shop with a minimum capital of Ksh.35,000/= and today the business has grown to around Kes.180,000/= capital worthy .
The kind of business is on daily basis depend to customers ,so this makes my business moving smoothly all month long.

Loan Proposal

I welcome all lenders to help me in restocking my shop with the fast moving goods.The loan will be used in purchasing bulky edible goods so as I don't run out of stock.
The goods to increase are as follows:-
(a)Wheat flour(1kg & 2 kg packs) at 36 U.S.D.
(b)Cooking oils (1ltr*24 pcs & 500mls *12 pcs) at 28 U.S.D.
(c)Breads,biscuits,assorted candy & bubble gums at 12 U.S.D
(d)Gold Crown Fresh long life milk 4 cartons(250mls & 500mls) at 23 U.S.D
(e)Repacked Pishori Rice (25 kgs) at 12 U.S.D
(f)Corn flour (2kgs *24 pcs) at 21 U.S.D
With the above goods in my shop,I will be selling them in retail and I will realize a good profit from selling to customers.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$40.00

Date disbursed

Apr 3, 2018

Repayment status

On Time

Projected term

11 months

Other loans

Lenders

John Minges

United States

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