Loan to increase stock in my provisions shop

Onesmas

Nairobi, Kenya

0% repaid

Entrepreneur

Name

Onesmas

Member since

April 2020

On-time repayments

41 installments  •  51%

About Me

I am Onesmas Mutuku, a young hard working man born in Ukambani. I did my primary schooling in rural ukambani before i joined secondary school in Nairobi. I completed high school, and later did a diploma course in purchasing and supplies management.
I started my business from the small money I borrowed from my father who is craft man.
I started selling second hand clothes and later opened a small shop which I run up todate.

I am married with one daughter.

I like the town I live in because its a populated town there fore making it good for business.
Mostly am free on Sundays , I go to church, visit my friends and go out to have fun with my family

My Business

I currently run a small shop where I sell household goods and a Mpesa business.
My business in located in a residential area, I there fore sell things such as rice, sugar, cooking oil, bottled water, airtime, and mpesa business.
The typical cost of my business is the cost of stocking and cash money to run Mpesa.
I use my profit to restock, pay rent and feed my family

Loan Proposal

I currently introduced general cereals in my shop such as several types of porridge flour, maize , rice and beans and peas. So I will like to add more stock

5 bales of flour at Ksh 10000
5 bags of sugar at ksh 25000
5 bags of assorted rice at ksh 12000
Mpesa float ksh 70000

Income Source

Considering that I sell household goods which are basic needs I am able to continue selling. I am able to procure goods directly from company and thus I get best prices so am able to sell at subsidised prices and thus mantain my profits

Feedback

1

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,283.00

Date disbursed

Nov 6, 2020

Repayment status

Late

Projected term

4 months

Lenders

PaulE

Cockeysville, MD, United States

Vratik Krocik

Prague, Czech Republic

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Shervin

San Francisco, United States

DK

Daniel Kalla

Saint Paul, United States

S

Stefani

United Kingdom

K

Karl

Czech Republic

V

vin

Turkey

Jessa Monica

United Kingdom

monica

Sweden

mesa

United Kingdom

N

Nadia

United Kingdom

R

reship

United Kingdom

J

Joel

United States

Shervin

San Francisco, United States

S

Sonia

United States

D

Dishon

United States

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  • Rebecca    Jan 30, 2021

    I have Contacted onesmus, he said at the moment he has recovered from the time he spent away from his business but promised to resume paying the loan as soon as possible

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  • Erick    Dec 18, 2020

    Onesmus said he lost a relative and he hasn't been able to to attend to his business, he promised to resume paying once hes back to business

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  • Onesmas    Nov 28, 2020

    My cousin passed and I have not been opening my business

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  • Onesmas    Nov 9, 2020

    I received 104933 .am as grateful. I will use the funds to stock my shop

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  • Onesmas    Nov 5, 2020

    Thanks for the loan . I will use it to stock my shop. It will help me increase my profits

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  • Onesmas    Nov 1, 2020

    The loan I just finished repaying helped me boost my business capital by increasing revenue sources such as selling cereals , and money agency business

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  • Onesmas    Sep 30, 2020

    My business is doing well

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  • Onesmas    Sep 23, 2020

    I received my loan. And I used it to stock my shop

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  • Onesmas    Sep 2, 2020

    Thank you so much for the loan. I will use it to stock cereals in my shop.

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  • Onesmas    Aug 24, 2020

    The loan that I finished paying helped me boost my stocks and I was therefore able to satisfy my customers , thus increasing my sales

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  • Wilberforce    Aug 14, 2020

    I called Onesmas and he promised to pay his overdue instalment by end of today.

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  • Onesmas    Jul 27, 2020

    I did receive 37688 Kenyan shillings. I will use the funds to now fully stock my shop.. Thank you for funding my loan within a very short period. Be blessed

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  • Onesmas    Jul 26, 2020

    Thank you so much for the loan. It will help me restock my shop

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  • Wilberforce    Jul 24, 2020

    I have called Onesmas, he's unreachable. I had to call his brother who told me he lost the phone that's why he's always unreachable. But he promised to remind him to pay an overdue balance of Ksh. 4,753.

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  • Wilberforce    Jul 11, 2020

    I have called Onesmas, he's unreachable but I just passed the message through one of his referee for him to clear his full loan instalment due on 9th July,2020.

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  • Onesmas    Jul 8, 2020

    Am abit late on payments but I will make it today

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    • (Comment deleted by author)

  • Wilberforce    Jul 8, 2020

    I have called Onesmus Mbuva, but he's unreachable. I had to call Boniface Moindi as one of his referees who agreed to pass the message to him of zidisha loan repayment.

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    • Onesmas    Jul 9, 2020

      I received the communication. There are some payments from some clients I was waiting for and I promise to pay the full installment on Friday..

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  • Onesmas    Jun 29, 2020

    I received ksh 18843 which I shoped to stock my shop.
    And I thank you so much for the loan

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  • Onesmas    Jun 24, 2020

    Thank you for the loan.
    I will use the loan to further stock my shop.
    This will help me increase sales

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  • Mark Weir    Jun 20, 2020

    Good luck with your store Onesmas and stay safe.

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