Increase stock of sisal bags and ropes
William
Nairobi , Kenya
$0 to go
100% funded of $54 goal
0
days left
Entrepreneur
Name
William
Member since
October 2018
On-time repayments
4 installments • 75%
About Me
My name is William Ndiawa Musumba from Ruaraka Nairobi Kenya.
I was born and raised in Western Kenya-Siaya county and attended Yenga primary and secondary schools respectively before joining Maseno university and graduated with bachelor of economics in2004
Life after graduation was not an easy path as I thought considering negative political environment and rampant ethnicity in our state,I worked in a petrolium industry-bakri energy Kenya as a petrol station manager between 2006-2009 August and left when the station was given to a dealer from Libya.
After the demise of my Father-who was involved deeply in Sweet potatoes business, I became deeply involved in the business to provide and maintain my family going and forgo my area and field of specialization as permanent contractual agreement with many companies prove elusive at the time.
My Business
I run and operate sweet potatoes business in Nairobi county.I purchase and sell to my clients in wholesale.This product is scarce and is always from Sirare and Tanzania.
William is a simple,open and ambitious character who believes in nothing but business and individual development for persons of moral and focused character.Ability to identify opportunity and build a foundation towards achieving ones goal are my priority for every generation that aims to make it in modern self employment arena that is fast taking centre stage in the world.
My Typical costs are Labour.Transportation,Border Clearance, Purchase Capital and Traveling Expenses.
Sweet potatoes business is great and always provide potential return.All my accrue return are used to maintain my extended family and reinvestment for futurity plans as I currently seek to save as much to purchase a lorry that would be used for transport.
Loan Proposal
Hallo Dear Lenders, I'm indeed grateful deep down from the bottom of my heart and forever thankful for the help you have offered me to this far.However today, I seek and beseech for your help once more. I'm seeking for a loan of $255 so as to purchase additional sisal bags and ropes.
I need to increase my stock for sisal bags and rope due the scarcity of these materials in the market owing to massive rainy season we experience currently.I currently have $100 that is always my set priority for these materials as each sisal bag cost $6 but it has increased by $3 and sisal ropes from $80 to $150 of late hence my seeking of this loan to enable me purchase it in large numbers to avoid this further increase in cost. Another additional $100 shall come from my business. With this my lenders, I expect to save $340 from now to December.With this my lenders, I shall save more and divert the cost on transportation of my products to the market. Kindly help me fulfil this my lenders. Thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$54.00
Date disbursed
Nov 26, 2018
Repayment status
Late
Projected term
1 week
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