A new refrigerator forms shop for storing juices and bottled

Beth Ndungu

Nairobi, Embakasi, Kenya

100% repaid

Entrepreneur

Name

Beth Ndungu

Member since

February 2015

On-time repayments

161 installments  •  89%

About Me

Am Beth Nyambura Ndungu, was born in Muranga county, Kariuki sublimation. Am the fourth born in a family of seven. My parents were not well up and most of their income came from farming which wasn't much promising. Went to Mairungi primary school, and later Kamahuha girl's secondary school. Later I did a certificate in End at St. Claire college in Nairobi. After looking for a job without success for more than 2years. I decided to start a business of selling rice, soft drinks and bottled water.

My Business

I run a business in Tena estate, along Moi drive. The business entails sale of rice, soft drinks and bottled water. I decided to do this business because I felt that people must consume food, and also it fell within my budget. Have been doing this for the past 7 years and the business hasn't been doing very well owing to the expenses involved. These include paying the shop rent, utility bills, other operating costs like local authority permit and also I've to assist my husband with some domestic expenses. I am considering expanding my scope, and stock more cereals, have been doing this for the past 7 years and the business hasn't been doing very well owing to the expenses involved. These include paying the shop rent, utility bills, other operating costs like local authority permit and also I've to assist my husband with some domestic expenses. If the number of customers who ask whether am selling other cereals is anything to go by. I foresee a boost in business and this will relatively increase my profit. Though this requires a bit of more capital, this is the reason am requesting for a loan.

Loan Proposal

Hello lenders, after clearing my previous loan, am glad to post another loan proposal. Am looking forward to acquire a new refrigerator to be storing ready to drink juices and bottled water that aren't products of the Coca-Cola company (they only allow their products in their refrigerators). A big spacious refrigerator in the market now is going for $450, and it will require to be secured with a lockable metal cage, this will cost about $110. This brings it to a total of $560. This is because customers are really demanding these drinks at temperatures lower than room temperature. This will increase sales since we always turn away such customers. This will also increase our profit by about 10%. Am looking forward to working with you guys. Thanks in advance and God bless you all.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$563.00

Date disbursed

May 3, 2016

Repayment status

On Time

Projected term

4 months

Cost to entrepreneur

Service fee: $23.18

Lenders

A

alfredo

Bremen, Germany

W

Witlof

Tsukuba, Japan

W

Windsor

Calgary AB, Canada

AltruisticSelfishnes

Chicago, United States

G

Gastao

Covilhã, Portugal

E

Esuil

Vallentuna, Sweden

A

andyfletcher

I want my "My loans" page back, Qatar

Ambrose

Calgary, Canada

Scott

Oregon, United States

Zidisha

Sterling, United States

T

ToddK

Indianapolis, IN, USA, United States

RochelleSpencer

New York, United States

Jeff and Marcie

Portland, OR, United States

B

blahblah

Nuernberg, Germany

H

hilde

seattle, United States

G

graememoss

Amsterdam, Netherlands

JessieD

Alexandria, Va, United States

RobinW

Bonn, Germany

B

Butters

San Jose, United States

ads68

Melbourne, Australia

yorick

Springfield, United States

fairspirit

Utrecht, Netherlands

U

UTLonghorn

Lincoln, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

P

Pavane

Kungsbacka, Sweden

JonB

London, United Kingdom

somuchjackson

Boston, United States

E

Esseni

Cincinnati, United States

D

dcb1987

Chicago, United States

sderickson

Berkeley, CA, United States

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

V

valiy

Switzerland

B

bugdaniel

Switzerland

S

sarah4d2

Saint Louis, United States

mepster

San Francisco, Ca, United States

B

bscent

Hong Kong

J

jdelaporte

United States

Mike and Jacqui

United Kingdom

S

Stephan

Netherlands

Janet Merrill Miller

The Mossy Pacific Northwest, United States

Gab

Singapore

Dave Bogard

New York, United States

MW

Matt Willis

United States

The Bayiates Family

Chicago, IL, United States

Kate Courteau

United States

E

erica

antwerpen, Belgium

CN

Cyprien Noel

United States

A

Anthony

United States

B

United Kingdom

PG

Paul Graham

United States

Elise E

United States

SH

Steven Huntington

London, United Kingdom

Tam Thao Nathan

United States

S

stevensau

United States

Mojoe

Atlanta, United States

KE

Karen Epolito

Syracuse, NY, United States

T

tonym

Australia

MS

Mike Sutherland

United Kingdom

DJ

David Jones

United Kingdom

A

anniewynkoop

United States

B

Boris

Bern, Switzerland

Derek Anderson

Yankton, United States

G

Gil

Portugal

E

Elynne

United States

HL

heather lake

United States

E

elissaclair

United States

CW

Callum Watson

United Kingdom

L

liesje

Netherlands

O

Osman

Czech Republic

Sinan Taifour

Munich, Germany, Germany

SM

Sachet Marion

United States

L

Linda

Germany

T

Tony

United States

J

Jon

United States

K

Katharina

Germany, Germany

A

Annekatrin

Switzerland

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

JA

Joshua Axtell

United States

Day Family

Melbourne, Australia

KL

Karen L Brown

United States

BP

Bill Piper

United States

Dave Magnan

Québec, Canada

CS

Chris Salzman

United States

AD

Amy Dinh

United States

PC

Peter Cordier

United States

MB

Mimi Botkin

United States

Ricky Cain

Denton, United States

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