Additional stock of vegetables for provisions store

Kennedy Ndeto

Nairobi, Kenya

100% paid forward

Entrepreneur

Name

Kennedy Ndeto

Member since

May 2021

On-time repayments

23 installments  •  26%

About Me

Am Kennedy Ndeto from Nairobi Kenya. Am the firstborn of peasant farmers with four other siblings. I grew up in the eastern part of our country I.e kangundo in Machakos county. Schooling in the late 80s and 90s in all rural Kenya was an uphill task. I was not an exception. From trekking barefooted for kilometers, tattered uniforms, and the hunger pangs but I overcame these and did my eight years primary and four years secondary education. I dint perform very well in my high school hence I remained home helping my peasant farmers until I was employed by the Government of Kenya as a public servant. After I married and started a family expenses kept raising unable to be covered by my salary. I opened a small vegetable business to support my wife and partner to raise our three children but which has have been hit hard by the corona pandemic. Hopefully, I can get some funding which I plan to pay using my small salary and raise steadily again to a more meaningful business.

My Business

I Am employed by GOK as a public servant.
Again, I have a small vegetable vending business in partnership with my wife. We sell tomatoes, Kales, cabbages and few fruits within our neighborhood. We choose this business because its low startup capital and the few government licenses required. Currently, most of the profits from this carter for our family needs like rent, food, electricity and water, and school fees.

Project Proposal

Good morning, I wish to use the funds received here to buy more stocks for my small vegetable business since an increase in stocks results in an increase in profits realized. have been having weekly profits of between 2000 - 3000 Kenya shillings which I intend to grow to between 2500 - 3500 kenya shillings. This increment will go a long way in improving my credit score and my ability to access even more loans as I will be able to pay loans on time now that I have an option to pay installments on monthly basis.

Feedback

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Project Info

Project Type

Pay It Forward

Disbursed amount

$102.60

Date disbursed

Mar 4, 2022

Cost to entrepreneur

Service fee: $8.08

Backers

ME

Manaal Eisa

Washington DC, United States

Nelson Mecha

Kisii, Kenya

Lucy Mwendwa

Machakos, Kenya

Florence Boateng

Santa Maria, Ghana

EP

Erase Poverty

United States

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