Stock of cabbages to sell

Sammy Muluvi

Roadblock-eldoret, Kenya

100% repaid

Entrepreneur

Name

Sammy Muluvi

Member since

June 2015

On-time repayments

330 installments  •  88%

About Me

I was born in Roadblock village of Eldoret North,Uasin Gishu County 25 years ago.I grew up with a vision and greater ambitions of becoming a lawyer so as i advocate and lobby for the disadvantage in our society as a country as well as Africa.But wait,what happen to this great dream?.I started my primary education and completed my class eight with a certificate of kenya primary school education.(KCPE).In 2007,I join a local secondary school where i worked both hard and smart so as tl realize my dream of becoming a lawyer.In 2010 I completed my secondary school and passed with a mean grade of B(plain) but could not join university due to financial constraints.Instead I decided to become an entreprenuer doing a business of selling polythene bags in Eldoret market.After two years of saving,Ihad enough to start my own Glossary in Edoret,where i sell fruits and vegetables.

My Business

As I have fore mentioned already in my profile,I currently sell fruits and vegetables (glossary).Currently Eldoret town being the headquarters of Uasin Gishu County.This has attracted many people into the town who engage in various activities and at the end of the day they pass through my kiosk to buy some fruits and vegetables.This has made it worthwhile to sell my vegetables at a friendly prices which makes them to go faster.After restocking my business using the 1st loan I secured from Zidisha my current business is worth 150 dollars.This has given me morale even to expand further my business since am currently competing favorably in the market economy.And in that I say thanks to zidisha for the great financial support you gave me.To speak I have made a net profit of 130 dollars within my five months of operation after I received my first loan. I anticipate that these will grow up to at least 160 dollars profit.The profit obtained I have been using it to support my siblings and this anticipated profit I will continue to dive support to my siblings and pay university fees next year to do a business course.

Loan Proposal

The cash will enable me buy more stocks of cabbages because these is a peak season for my field of work.actually am looking forward to do an increase interms of profit upto ksh 12000 per week.These will make me meet my personal needs and business growth. Thank you

Feedback

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  • BernadetteV    May 30, 2020

    I’m happy to support Sammy who works hard and repaid all his previous loans.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$380.84

Date disbursed

Nov 9, 2018

Repayment status

On Time

Projected term

7 months

Cost to entrepreneur

Service fee: $16.04

Credit risk payment: $96.28

Lenders

Bobrm2k3

Charleston, United States

melissapmeier

United States

Emma

Australia

Paul Buchheit

Mountain View, United States

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