Increasing charcoal stock and opening up a new vending store

Grace

Nairobi, Kenya

Funds disbursed

$0 to go

100% funded of $36 goal

0

days left

Entrepreneur

Name

Grace

Member since

September 2018

On-time repayments

4 installments  •  75%

About Me

I am Grace Nyawira born and raised in Nyeri County. I was raised in a family of nine which was quite hard for as all since our parents did not have a stable income. However, I ventured into different businesses with a view to overcome these hardships. I started my first business that required a small income and fortunately it grew first. I used the profits from this business to start a coffee plantation which has also grown quite well. My hobby is interacting with people, doing business, and farming.

My Business

I sell coffee berries to a local coffee factory at my home area. these goods are in demand since there are only a few people who are growing coffee hence the reason why i chose these business. the costs that i incur include pesticide and pruning expenses. in return the income earned from the business exceeds the expenses. i use the the profits in reinvestment and also to grow the business.

Loan Proposal

upon receiving the loan, i will use it to top up some of the profits that i will have made to open up a new store for selling charcoal at a different place.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$36.00

Date disbursed

Nov 13, 2018

Repayment status

Late

Projected term

1 week

Lenders

ibc123

Seattle, United States

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Summary

Amount repaid

$0.00

Amount remaining

$36.12

Expected completion

Nov 24, 2018

Status

Repaying late

Installment amount

$36.12

Repayment History

Expected Payments Actual Payments
Nov 24, 2018 $36.12

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