Increase retail stocks

Anthony

Thika, Kenya

100% repaid

Entrepreneur

Name

Anthony

Member since

November 2015

On-time repayments

174 installments  •  36%

About Me

Worked for a Supply Chain Company for over 15 years. I have experience and skill on Warehousing, Distribution, Logistic and Transportation. This year I started my own Business - Grains and Cereals Supply chain. Core goal being management of grains from the source who are the farmers to distributors/consumers.

My Business

Currently my business 'Grains Cereals Supply chain' deal with handpicking foreign matter on grains and selling them through a my retail shop at my home area.
Business Mission being:
To provide best low cost on transportation and warehousing solution for clean grains and cereals to our customers, and door to door delivering. "Wash and Cook"
In the current resent months I reused the profits to increase my stock. But due to increase on products demand it has increase the cost of supply due to transport cost buying small quantity due to lack of adequate capital. The product turnaround has increased by 100% after moving into a new shop near a bus stop. Which I positive it will increase more if I advertise my shop.
Goal: 1. working on how to get cheap logistic solution of cereals/grains from suppliers
2. In future own a pickup or a van

Loan Proposal

My wish was to increase the stocks of Rice, green grams and black bean. being the fast moving product in the shop. But with Ksh517 I will be able to buy seal-able polythene paper bags costing Ksh130 and re-package my products. This will attract more customers and increase product handling hygiene.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Dec 10, 2015

Repayment status

On Time

Projected term

8 weeks

Lenders

PG

Paul Graham

United States

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Summary

Amount repaid

$157.68

Amount remaining

$0.00

Date repaid

Feb 10, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Dec 20, 2015 $20.00 Dec 19, 2015 $20.00
Dec 27, 2015 $20.00 Dec 28, 2015 $20.00
Jan 3, 2016 $20.00 Jan 5, 2016 $20.00
Jan 10, 2016 $20.00 Jan 11, 2016 $20.00
Jan 17, 2016 $20.00 Jan 18, 2016 $20.00
Jan 24, 2016 $20.00 Jan 29, 2016 $20.00
Jan 31, 2016 $20.00 Feb 5, 2016 $20.00
Feb 7, 2016 $17.68 Feb 10, 2016 $17.68

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