To put toward more stock for my provisions shop

James Karoki

Nyandarua, Kenya

25% paid forward

Entrepreneur

Name

James Karoki

Member since

June 2022

On-time repayments

7 installments  •  57%

About Me

Born as the first born in a family of eight, I was raised in a family which was well up financially. My parents were able to educate me up to class eight and left me there in order to cater for the rest of my siblings. After the completion, I worked at vibaruas and was able to get enough capital to start my own business. I started a charcoal business and after a while I got married to my wife. I have been blessed with two kids one at 0 and the other is at age 5. The firstborn wish to be a doctor and the other a civil engineer. That is why I need to boost my business to educate them so that they achieve their dreams.

My Business

I run a mixed shop which sells spinach, kales, charcoal. this business is doing well since people have to cook and eat daily. The business has a running cost of approximately Kshs. 20000 and in a day it can generate a profit of Kshs. 700. I use this profit to boost the business, pay school fees and other home expenses.

Project Proposal

I would wish to buy more charcoal since this is a cold season and charcoal is in great demand. This will increase my sales turnover and generate more profit. Thank you

Feedback

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Project Info

Project Type

Pay It Forward

Disbursed amount

$37.26

Date disbursed

Jul 8, 2022

Cost to entrepreneur

Service fee: $2.83

Backers

W

wisdom2080

Fullerton, United States

Eunice Wairimu

Nakuru, Kenya

Justine Mukuka

Mufulira, Zambia

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