Boost my business

Nicodemus

Mtwapa, Kenya

100% repaid

Entrepreneur

Name

Nicodemus

Member since

March 2013

On-time repayments

95 installments  •  44%

About Me

my names are Nicodemus nyando mgoti. a resident here in mtwapa mikanjuni. am married and i have three children two are boys and one is a girl. they are all in school in primary school.am a business man here in mtwapa and i have been doing this business for the last successfully four years my education background is class eight of primary school.i started a business because i wanted to get more money so that the life of me and my entire family can be cuttered for well through the business earnings.

My Business

my business is of a retail and cereals shop here in mikanjuni mtwapa. i sell things like wheat flour maize flour beans sugar, bread dried maize green peace and many more.these goods are on well demand here because most of the products that i sell are being used by the local people most as their basic daily foods so the goods are on demand every moment most of my clients like buying these goods from me because my prices is very reasonable.my running monthly cost is Kenya shillings 50,000 and my monthly sales collection is Kenya shillings 85,000 this makes me earn a monthly profit of Kenya shillings

Loan Proposal

My lenders thanks for giving me an opportunity to benefit once again from Zidisha.
I will add some more stock of cereals.50 kilos of beans to cost 3500shs.
Maize 100 kilos to cost 4500shs.
The remaining amount to buy few potatoes. Need to start making French fries for students.
This will add value to my shop.Thanks for lending

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$94.00

Date disbursed

Feb 28, 2015

Repayment status

On Time

Projected term

8 weeks

Lenders

JFais

Atlanta, United States

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