Buy stock for my small bussines

Alex Kioko

Kangemi, Kenya

22% paid forward

Entrepreneur

Name

Alex Kioko

Member since

February 2015

On-time repayments

182 installments  •  97%

About Me

I was born and raised in Makueni County, Mwisini Village.
Let me first help you understand the nature of my region.
It's hot and dry, and the people who live in this area are
poverty-stricken. All the rivers source are seasonal. Growing up, I didn't have even the privilege of nature favoring me. I walked to school for kilometers barefoot and the ground was ever so hot. In my family, we only had two meals each day. Education was a challenge. As a child, my dream was to learn and know how to read and write in Swahili and in English. Because I didn't have any materials to read, I would borrow old newspapers from a neighbor to practice my reading and to try to memorize new vocabulary. I learned a lot through the old newspapers.
I learned about the world, and about the country's political environment. And whenever I read it, I felt connected with the world.
My wife and I have a son.

My Business

My business is a mini koisk where I retail consumables to the people who live around Hinga Road. My shop retails sugar, rice, salt, baking flour, ugali flour, and packed milk. This kiosk has everything a client would need for breakfast, lunch, and supper. I have created a great clientele base. They rely on my services and products, on a daily basis.
I sell to over 200 people. I open at 5a.m. and I close shop at 11p.m.
This is what earns me a living. I take care of my family's needs from the income that is generated from this kiosk. I pay for rent and food, and I also am in school and get my school fees from my business.

Project Proposal

i will use the funds in buying stock for my shop; 20litrs of cooking oil ksh 10000,rice 50kg ksh 8000,maize flour 20 bales ksh 20000,tissues 10 bales ksh 8000,milk 10 cartons ksh 7000.with good stock in my shop i will have more clients hence making more profit ,it will also enable smooth running of the bussines.high profits will enable repay my loan on time and also assist my family upkeep and paying some school fees

Feedback

3

None

None

  • melissapmeier    Apr 7, 2017

    Best wishes for your continued success. I would be happy to lend to you again!

    Log in to reply • Share


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Project Info

Project Type

Pay It Forward

Disbursed amount

$415.22

Date disbursed

Oct 2, 2022

Cost to entrepreneur

Service fee: $20.76

Pay It Forward contribution: $62.28

Backers

JessieD

Alexandria, Va, United States

JTShorty

Gorham, Maine, United States

C

Colmena

Chicago, United States

Dave Bogard

New York, United States

RV

Rob Van Dam

United States

Ruth James

Nairobi, Kenya

Ed

Howells, United States

Richard Benyon

United States

Collins Wanjala

Mombasa, Kenya

John Omondi

Migori, Kenya

Rose Muriuki

Merutown, Kenya

Lynnette Simba

Nairobi, Kenya

Heri Yanto

Jakarta Selatan, Indonesia

BP

Brian Piltz

United States

Andi Noviandi

Sukabumi, Indonesia

Grace Maina

Kikuyu, Kenya

DD

David Dick

Nairobi, Kenya

M

Melissa

United States

Sherif Adams

Ilorin, Nigeria

A

Andy

United States

Violet Ambaka

Moibrigde, Kenya

DD

Diego Donoso

United States

A

Anonymous

United States

A

Anonymous

United States

W

wisdom2080

Fullerton, United States

Ngigi Josephat

Nakuru, Kenya

Linda Mukami

Nairobi, Kenya

E

Erica

United States

Erick Nyaga

Nairobi, Kenya

Evans Patrick

Meru, Kenya

Dicky Haryanto

Bekasi, Indonesia

Kiki Fiqiana

Tegal, Indonesia

G

Gojali

Jakarta, Indonesia

Riziki Shikari

Malindi, Kenya

Kadzo Guyo

Malindi, Kenya

Aliya Aliya Cahyanti Wijaya

Kota Adm. Jakarta Barat, Indonesia

Oki Sunaryo

Sukabumi, Indonesia

Imam Satria

Kabupaten Sukabumi, Indonesia

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