Sunshine retail shop

Carina

Lucky Summer Estate, Kenya

100% repaid

Entrepreneur

Name

Carina

Member since

June 2018

On-time repayments

8 installments  •  88%

About Me

am Kenyan lady 29yrs old am the second born in our family of 7ladys , i schooled in the same village and later joined a college and studied food technology certificate level, due to unemployment in my county realized a gap in the estate where i stay with with three children , running a small retail shop business within the gated community estates to enable me feed my children as well pay for my house rent,

My Business

in my small retail shop i do stock small items like bread, flour , salt milk , rice , sugar,
these are the small items need on a daily basic .

the reason i decided to start this bushiness i found a gap in the area where there was assistance shop for the people staying around here ,i thought it wise to start some thing like a retail shop with first moving items .
the profit i normally get do enable me to pay for rent for my shop as well a my house agin it help me in paying fees fro my childrens as well .

Loan Proposal

i will buy rice 5kgs @ 200 per kg and resell it at 270 per kg therefor i shall have made a profit of 70 per kg thus total to 350 from 5kgs.

- therefore selling price less buying price = profit gain. ($135-$100 = $35 )
- loan $125 BP $100 savings $25
-BP $ 100 - SP $135 = $ 35+ $ 25 = $60 to be saved

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$12.00

Date disbursed

Jul 3, 2018

Repayment status

On Time

Projected term

1 week

Lenders

WE

Wendy Emlyn

Devon, United Kingdom

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