Add stock to my shop

Josephine

Eldoret, Kenya

100% repaid

Follow Josephine

How it Works

Entrepreneur

Name

Josephine

Member since

February 2015

On-time repayments

128 installments • 80%

About Me

My name is josphine Libese.Iam 30yrs old married to my husband Patrick Amugamwa and we have two Children. I was born in Vihiga but currently living in Eldoret together with my husband .I own a business that deals with food stuffs.I studied upto O levels.I decided to start the business so as to care for my family.

My Business

I run a small shop that deals with food stuffs I always take a stock of between six thousand to seven thousand.This gives me a profit of three thousand a month I take my stock from a whole sale in Eldoret town. My monthly expenditure is 3500/= . It is challenging but I am still moving on, hopping that with Zidisha loan I will able to improve my living standard and also expand my business.

10% tithe which I give to the Church where I fellowship. I use 15% to pay my rent, I use 50% to help me increase my stock, while 15% is used to help my parents and the remaining 10% I will use to service my loan

I live in an area where low class people live. These are people who can not afford even transport to town Center to buy goods from a mall and therefore I have to stock goods in very small quantities.

I chose this business as a result of the demand for the goods in this particular area. If I increase my stock, I will draw more customers hence increased profit and benefit to Community around who will not have to travel far to do their shopping.

Loan Proposal

Thank you lenders for giving me these opportunity to get credit from you, Given the credit I will use all the 100 us dollars wisely to add stock in my shop.
By that act I expect increase in stock thus increase in sales and profit that will make my business improve and also able to pay back loan conveniently thank you .