To put toward more stock for my provisions shop

James

Nyandarua, Kenya

100% paid forward

Entrepreneur

Name

James

Member since

June 2022

On-time repayments

13 installments  •  31%

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

None

None

None

Project Info

Project Type

Pay It Forward

Disbursed amount

$37.00

Date disbursed

Jul 8, 2022

Backers

W

wisdom2080

Fullerton, United States

Eunice

Nakuru, Kenya

Justine

Mufulira, Zambia

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  • James    Jun 13, 2023

    I Thank you for assisting me get the fund quickly for me to be able to meet the purpose. I will use the fund for the intended purpose. Thanks again for the quick response.

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  • James    Jun 11, 2023

    The amount which was given to me has helped me in increasing the stock. An increase of stock has made me have an increase in profit

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  • James    Jul 28, 2022

    As I had requested earlier, my shop was broken into and all the stock was stolen. Am trying to raise again but am sure I will. Thanks for understanding my situation

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  • James    Jul 13, 2022

    Am having problems in my business and since it was broken down and my stock was stolen but hopes to be back on my feet as soon as possible. Hope you consider my request

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  • James    Jul 8, 2022

    Thankyou very much my lenders. I appreciate your contributions towards me. I will use the money diligently to add more stock. Thanks once more

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  • Eunice    Jul 6, 2022

    I like funding you since I see you are doing great work and also you always make your backer updated on the progress. also, your repayment is punctual. keep up. all the best

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  • James    Jul 6, 2022

    Am very grateful for the support through the loan you gave me. The loan helped me very much in buying more stock which in turn gave me a good profit. I used the profit to add more varieties of stock and also part of it gave back to the community

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  • James    Jun 25, 2022

    Thanks alot for funding my loan cause. I will use the loan to add more stock in my business. This will increase my sales turnover hem e.increase the profit margin. Thank you very much my lender

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  • Eunice    Jun 25, 2022

    All the best in your grossery. May this money help you

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  • James    Jun 21, 2022

    Thank you all my lenders. I will be greatful if you continue supporting me in that way. I am halfway lend and I know it shall be full

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  • Benjamin    Jun 18, 2022

    all the best

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  • James    Jun 18, 2022

    As earlier stated the loan helped me to buy a bag of charcoal and spinach. This completely changed my stock size and was able to increase the sales

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  • James    Jun 15, 2022

    Thankyou for the money. I have already received the ordered bag of charcoal and its ready for sale. Thanks very much

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  • James    Jun 15, 2022

    I would like to thank you for the loan. I have received the amount and I have already ordered for the charcoal.

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