Add stock to my general shop

Daniel

Bondo Usenge, Kenya

100% repaid

Entrepreneur

Name

Daniel

Member since

January 2015

On-time repayments

210 installments  •  46%

About Me

My name are Daniel Anditi ,I was born on 12.08.1963 in Nyanza province Homa Bay County,Rachuonyo ditrict, Kabondo division,Kawuor Location, Miriu Sublocation,Kotuoya village,I migrated to Bondo District about 8 years ago.I am the third born out of six siblings .
I went to Nyandolo primary school 1974 to 1980. I joined Nyabondo high school 1985 to 1987.Iam married to one wife and six children.The first born has completed university,second born is second year in university ,three others in high school and one in primary school.I do part time work as a pastor of Christco church in an area called Usenge and my main business is genaral shop keeping.

My Business

The name of my business is called NYALOKA GENERAL SHOP located at Usenge beach just next to water on the right as you stand at the beach facing Lake Victoria.
I sarted business in the year 2008 with a capital of ksh.40000 but now running to ksh.300,000.the income I get I use it to pay bills ,school fees for my children and get part time work that I do also as a constructor and as a pastor.
My monthly takings are usually around 400 US dollars, costs 165 dollars, resulting in a profit of 235 dollars.
The following is how I normally use profits from the business :-
10% I give tithe to the church
70% Up keep i.e food and rent
5% Savings
15% I support my aged mother and two siblings

Loan Proposal

Thanks all Zidisha lenders plus the entire community for giving a second opportunity to borrow from you.I would like to propose that given funding I will use all the 200 US dollars to increase the items that I trade in my shop as follows:-
Sugar worth 100 dollars
Rice worth 80 dollars
bar soap 20 dollars
Thanks once more for your support .I look forward to your wise consideration.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Jun 30, 2015

Repayment status

On Time

Projected term

8 months

Lenders

PG

Paul Graham

United States

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