50 kilograms of sugar for my shop

Mary

Kakamega, Kenya

100% repaid

Entrepreneur

Name

Mary

Member since

April 2019

On-time repayments

4 installments  •  50%

About Me

My name is Mary Kerubo.
I was born in Kisii county and went to Keroka girls high school.
I began my business as a shopkeeper after saving for two years after high school.
I am single mother of 2 girls and my husband died in 2007 when there was crashes in my country.
One of daughter is diabetic and I try to use my profits to buy insulin for my daughter and also take care of the bills and business rent

My Business

I began my business, two years after highschool and I actually began selling cereals and fruits before I expanded it to be a shop.
I make an average of $40 profits a week which helps me buy insulin for my daughter and also take care of the bills and business rent.
I also save 20% to expand my business.
I'm thankful to get introduced to zidisha through a friend.

Loan Proposal

I will use the loan to purchase the 50 kilograms sugar.A 50 kilograms of sugar goes for $40 at whole sale price. I will then sell it at retail price of $60,where am looking forward to make $20 profit. I will use the profits to repay my loan on time so as to raise another big loan that will fetch me more profit.thanks my generous lender

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$24.00

Date disbursed

Apr 13, 2019

Repayment status

On Time

Projected term

1 week

Lenders

R

Raabo

Rungsted, Denmark

Martin

Manama, Bahrain

AdvancingCompassion

San Diego, United States

G

Goodwill

Oakland, United States

Paul Buchheit

Mountain View, United States

B

bscent

Hong Kong

Darren Jeppson

Denver, Colorado, United States

E

EJOBIV

United States

B

Ben

United States

Jeanette

Fort Worth, Texas, United States

GH

Gary Horneman

United States

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