Adding more stock in my shop

John Muthomi

Molo Town, Kenya

100% repaid

Entrepreneur

Name

John Muthomi

Member since

December 2013

On-time repayments

160 installments  •  34%

About Me

am , i was born in location. my family consists of three brothers and one sister who are married and with kids. my parents also resides there, i schooled at primary school and scored a B+ and proceeeded to k boys high school and scored a B+ which facilitated me to join university for a bcom program. my first work was with iebc during the general elections of march 2013. currently am working with

My Business

apart from my earning as a , i have managed to start small businesses such as; small kiosk, computer services and an mpesa. for the small kiosk i sell household goods such as maize and wheat flour, bar soap, bathing soap, cooking oil and fat, sodas and juices, the proceeds from the kiosk is about 5000 per month. for the case of computer services my wife manages to do photocopy, printing, scanning, internet and emailing and also memory cards and flash disk music feeding and virus removal the profit margin ranges from 4000 to about 4500 per month. for mpesa the earnings are paid monthly and it depends with the number of transactions done per month. i believe i will manage to repay the zidisha loan if granted.

Loan Proposal

Thank you Zidisha org. and lenders for allowing me to achieve my goals and dreams through funding my previous loans of $50, and two loans of $120, may the Almighty God bless you abundantly. i will invest the current amount am applying ($449) by purchasing the following items;
4 bales of maize flour @ $13= 52
2 bales of wheat flour @$18.5=37
1 50kg bag sugar @$50 = 50
1 50 kg bag rice @ @$37.5= 37.5
12*1kg cooking oil @ $2.25 = 27
12* 500g cooking oil @$1.68 =20.16
24*250g cooking oil @ $0.86= 20.64
12 pampers @ $ 3= 36
12 cartons of biscuits @ $ 3= 36
12 @ 250ml body lotion @ $1.45= 17.4
pain killers = $ 60
cigarettes = $ 56.34
total $450
may God bless Zidisha team to live long.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$231.67

Date disbursed

Jun 17, 2014

Repayment status

On Time

Projected term

18 months

Cost to entrepreneur

Lender interest: $231.67 at 9.51% annual rate over 18 months = $34.32

Service fee: $12.89

Lenders

A

awecz

Prague, Czech Republic

J

jjonas

berlin, Germany

G

grahamfamily

Guildford, United Kingdom

Cloudways

Malta, Malta

ads68

Melbourne, Australia

Cricketca

San Jose, United States

calvero

Bergen, Norway

gseletko

South Perth, Australia

Sarasota

Sarasota, Fl, United States

Matthieu

Switzerland, France

xtrahardware

Cazenovia, United States

markpearson

Portsmouth, United Kingdom

Matching Fund

Sterling, United States

L

leumasmc

United States

M

merk85

United States

R

rbaxter

United Kingdom

larry

Sweden

Vesa

Helsinki, Finland

G

GDean

United States

D

dk1234

Netherlands

Sputnik

Switzerland

Ask John a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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