Install electricity, purchase food stock for my retail shop
Edward
Mazeras, Kenya
100% repaid
Entrepreneur
Name
Edward
Member since
August 2014
On-time repayments
247 installments • 66%
About Me
my business is a retail shop that mainly sell goods like bread, blue band, biscuits,sugar,rice,milk among others , my services are on high demand since my prices are relatively low and hence can easily be acquired by middle and high class and low class individuals , customers also prefer my services since they are always clean and tidy and the services are offered from early in the morning upto very late in the night hence making my services accessible even to those that come home late unlike the competitor who opens the business late and closes early , my business is profitable since my suppliers provide me with the goods at a competitive price but my business also faces various challenges which are indirect for example poor road network and also on a bad week some goods will soil since i deal mostly;y with the perishables , on a good month i can make a total sales of upto 10,000/= with a profit of upto 2.000/=. if am granted the loan i will ensure that i increase my stock and expand my business
My Business
when am granted this loan i will make sure that purchase the above mentioned that is rice and wheat flour for my retail shop so as to increase my income and also to serve my customers with sufficient products and services . This will also make my capital increase to even purchase other products to fully stock my retail shop i therefore request lenders to please assist me raise this cash ....thank you the Zidisha team and the lenders for your support thank you edward njoroge.
Loan Proposal
If granted this loan i will use ksh 25,000 to apply electricity in my shop,which Will help me to sell fresh milk , cold water and soda among others. I will be able to meet customers demands for cold refreshments in my shop,I believe this will add income because Mazeras is hot.ksh 80000Will buy one bag of beans.ksh 3200 will buy one bag of maize.ksh 4000 will buy one bag of sugar,ksh3400 will buy two bags of rice all this will add income in my shop and I will use to raise and help needy peoples.thank you in advance edward
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Loan Info
Project Type
Classic Loan
Disbursed amount
$484.00
Date disbursed
May 14, 2015
Repayment status
On Time
Projected term
4 months
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