Adding stock for my bussiness to face demand
Monicah
Kiboronjo, Kenya
100% repaid
Entrepreneur
Name
Monicah
Member since
April 2017
On-time repayments
53 installments • 38%
About Me
My names are Monicah Wanjiku Njogu. I was born and raised in Kiboronjo Lower Subukia. I live in a family of eight that is me, mum, dad my two sisters and three brothers. I am the second born. I joined Winyumiririe Primary school and later joined Umoja secondary school. After graduating from high school I have been doing different kinds of jobs before I finaly settled on self employment. I am a Christian that believes in God
My Business
I have doing different kinds of jobs, upon completion of my high school, I went to Nairobi where I was employed in food joint. I started saving money which was then my starting capital for my business. I buy cereals that is maize, beans, peas, ndengu during the harvest period in which the price is low. I store them and sell them later at high price where they are scarce in supply and during planting season. When the harvest is not much am forced to buy my goods in far area where the harvest is much higher then transport them in my area to satisfy my customers need. Am able to sell 2 bags each 90kg combined goods per week when the business is low and above 5bags each 90kg when the business is doing well.
Loan Proposal
Adding peas and beans for my business
I have received order from school for food supply especially peas and beans.
Am kindly requesting this loan to add the stock on that so that i can be able to add money to buy the stock for supply. This loan will assist me on adding the peas and beans to face schools demand.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$152.00
Date disbursed
Jun 30, 2017
Repayment status
On Time
Projected term
35 months
Other loans
Lenders
United States
United States
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