Buy stock for my small bussines

Alex

Kangemi, Kenya

100% paid forward

Entrepreneur

Name

Alex

Member since

February 2015

On-time repayments

203 installments  •  95%

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!

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Project Info

Project Type

Pay It Forward

Disbursed amount

$436.00

Date disbursed

Oct 2, 2022

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

Nairobi, Kenya

Ed

Howells, United States

Richard Benyon

United States

Collins

Mombasa, Kenya

John

Migori, Kenya

Rose

Merutown, Kenya

Lynnette

Nairobi, Kenya

Heri

Jakarta Selatan, Indonesia

BP

Brian Piltz

United States

Andi

Sukabumi, Indonesia

Grace

Kikuyu, Kenya

D

David

Nairobi, Kenya

Dedan

Nakuru, Kenya

M

Melissa

United States

Sherif

Ilorin, Nigeria

A

Andy

United States

Violet

Moibrigde, Kenya

DD

Diego Donoso

United States

A

Anonymous

United States

A

Anonymous

United States

W

wisdom2080

Fullerton, United States

Ngigi

Nakuru, Kenya

Linda

Nairobi, Kenya

E

Erica

United States

Erick

Nairobi, Kenya

Evans

Meru, Kenya

Dicky

Bekasi, Indonesia

Kiki

Tegal, Indonesia

G

Gojali

Jakarta, Indonesia

Riziki

Malindi, Kenya

Kadzo

Malindi, Kenya

Aliya

Kota Adm. Jakarta Barat, Indonesia

Oki

Sukabumi, Indonesia

Imam

Kabupaten Sukabumi, Indonesia

Ask Alex a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Alex    Feb 21, 2024

    Thanks a lot my lenders for funding my project. I am very happy and grateful .I will buy variety of cereals including but not limited to,maize, different types of beans, peanut,rice,assorted flours.having good harvest in the rural areas it will be easy for me to get the cereals from the farmers at cheap price and sell in my shop being located in urban .my shop is also well located and has little competition hence enjoying plenty of customers.thamks again and God bless you

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  • Mirriam    Feb 21, 2024

    Wishes you the best of luck Alex.

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  • Maureen    Feb 21, 2024

    All best Alex, may you grow your business today.

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  • Haryati    Feb 20, 2024

    good luck alex

    Translated by Google     Show original

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  • Kirui    Feb 20, 2024

    Thanks for your Business.

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  • Mirriam    Feb 20, 2024

    Goodluck Alex

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  • Moses    Feb 18, 2024

    Good luck Alex.

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  • Salome    Feb 14, 2024

    Best of luck.

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  • S E C King    Feb 7, 2024

    thank you for helping out other people!

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  • Alex    Feb 7, 2024

    The last project helped me very much in paying school fees for my children,sorting daily upkeep,sorting rent arrears, keeping my shop in stock,and many more benefits

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  • Alex    Nov 7, 2023

    I would like to reduce my installments due to low sales caused by economic decline in my country

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  • Alex    Sep 6, 2023

    The business has been facing low profits due to economic decline and also I have used most of the profit in paying school fees

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  • Alex    Jul 5, 2023

    Due to economic decline and most of the items in the market prices have hiked

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  • Alex    Apr 25, 2023

    I would like to change my installment to enable me have cash school fees for my kids after school holidays

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  • Alex    Oct 9, 2022

    Thanks a lot my backers for funding my project.I bought more stock and already I have started having increased sales.

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  • Alex    Oct 2, 2022

    Thanks alot my lenders and the zidisha family,i am very happy and grateful for making our dreams come true .I will use the funds in buying more stock for my shop ,having a good stock will enable me to have more clients ,increase my sales hence making more profit, I will use the profit in repaying my loan and also for my family upkeep, thanks alot and God bless you very much

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  • Erica    Oct 2, 2022

    Your dedication is amazing

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  • Dicky    Oct 2, 2022

    make the most of this money. I love to see passionate people like you. Good luck always.

    Translated by Google     Show original

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    • Alex    Oct 2, 2022

      Thanks very much.I will commit to utilising the money very well

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  • Kiki    Oct 2, 2022

    Good luck

    Translated by Google     Show original

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  • Violet    Oct 2, 2022

    keep working hard

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