Entrepreneur
Name
Annastacia
Member since
August 2017
On-time repayments
16 installments • 88%
About Me
I am Annastacia Mbovi Mutisya. Went to Primary and Secondary In the nearby villages and excelled well. I could not continue with studies because of my parents were poverty stricken. Am gland I have worked in various places and helped my parents. I later had a dream to begin my business where have started in various towns and closed due to lack of fund. Finally have come accross a new area in Mumbuni and my business is growing exponentially. I am now here to look for finance to boost my business retail shop stock. I have a girl in school and I support her education while she is being brought up by my aged parents as I also support them . My hobby is travelling . My daughter would like to be a nurse when she grows up
My Business
I have a shop where I sell fast moving house hold goods such as milk, rice, maize flours, sugar ,candy and plenty of vegetables for daily consumptions. Its high time everyone demands this goods on daily basis regardless of whether they are farmers or not. Many of the residents of this are are cash crop growers concentrating on mangoes and oranges for export and hence require to buy their stable food on daily basis after the sale of the cash crop which is annually on seasonal basis. The area is also categorised of many youth with consumption of luxury non basic needs goods such as cigarettes and other such kind of goods. I supply to them all the goods legally authorised in Kenya. I also buy roasted peanuts for sale to the youths as part of the fast moving goods.My typical profit in a month is approximately Kes 10,000 where I use Kes 2,000 to pay rent , Kes 5,000 to support my parents and daughter education and the rest for my consumption and house rent and the remainder to boost my existing business. I have recently ventured in Charcoal retailing business and is giving me good returns
Loan Proposal
I intend to buy rice to add on my existing retail shop in a rural area. This will enable me to earn more profit which I will use to educate my young daughter and support my parents too. I look forward building my credit limit over time to fully stock my newly begun stores.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$5.00
Date disbursed
Aug 9, 2017
Repayment status
On Time
Projected term
5 weeks
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