An extra packet an extra coin

Johnson

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Johnson

Member since

October 2016

On-time repayments

112 installments  •  87%

About Me

My name is Johnson.As a young boy growing up in Muhoroni(a small dusty town in Kisumu county-Kenya),I admired my parent source of income.They started off with a little shop with a handful of consumer goods.But with time it grew to be a wholesale shop catering for customers from far and wide.I have always wanted to do the same but capital has been a limitng factor for my small startup of making pastries for distribution to shops.

My Business

Through the help of Zidisha lenders and some financial help from friends and relatives, I have recently opened my small kiosk. In this kiosk I generally stock household goods such as sugar, soap, soda, petroleum jelly, pampers, margarine, snacks, tea leaves, salt, shoe polish to name but a few. One of the first selling commodities in my kiosk is bread. In one day one can sell upto 100 loaves of bread. Each loaf of bread retails at $0.5.I have been offered a bread distributor opportunity by one of the suppliers. For this reason I need to raise some capital so as to grab the opportunity quickly. I am kindly to zidisha lenders to fund me so that I can get this golden opportunity.I am requesting for funding of $12. From each loaf of bread I will be able to make a profit of $0.05.Part of this profit will go into repayment of my loan while part will go into growing the business and meeting my family expenses. The beauty of this opportunity is that the more aggressive I am in my sale the more the profit. The opportunity also takes away the hustle of preparing pastries like I used to do.

Loan Proposal

My business has progressed well with every loan from zidisha.I would like to thank every lender that has funded my previous loan. With this new loan I will be able to purchase 10packts of flour at $12,4kg sugar @$4 and cinamon/cardamom @$1.5.This will help me increase my profit to $4-5.I will be able very grateful to every lender that funds my loan.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$17.00

Date disbursed

Mar 13, 2017

Repayment status

On Time

Projected term

4 months

Lenders

MarktheMormon

Sandy, Utah, United States

dlpringle

Denver, United States

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

A

Anonymous

United States

rob baird

Darwin Australia, Australia

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

Loading...

Loading...

Loading...