Business expansion business

Doris

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Doris

Member since

December 2017

On-time repayments

14 installments  •  43%

About Me

I am Doris Jerotich, I was born in a humble family, our parents were not well off and we struggled very much but we were able to go through school, later i perused a diploma in purchasing and supplies.
after school i was employed in a flower farm, for seven years and that is where i was able to educate myself and changed my life. after seven years i was able to start my own business, because i felt i needed to be self reliant.
the unique thing about my culture is that women are very enterprising and have become great contributors to the economy.
my children are still very young and one would like to be a doctor another one will want to be a teacher.
my hobby is singing and making new friends.

My Business

I am a business lady, i started doing doing business in 2014, i sell groceries shop majoring on selling cereals such as maize, beans, millet sorghum, rice, groundnuts, wheat. sometimes i sell fruits and vegetables on season. besides i also have an M PESA shop where i operate the business that deals with money popular in kenya.
this are mainly food items that are consumed daily in our place so the demand is high, and that is why i choose to do this business because the turnover is very high.
currently my stock is about 50,000 Kenya shillings and i make a profit of 5,000 monthly after meeting all my expenses.
i use the profit to buy food and clothing for my children, and the remaining i re invest to the business.

Loan Proposal

I would like to use the loan to expand my cereals business by buying more stock at this harvesting season before the prices rises up.lneed the loan to buy maize and Millet this season because they are available at the moment. The loan will help me buy them at a cheaper prices and sell them when prices rises hence getting some good profit and costumers will get them when in need

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$59.00

Date disbursed

Feb 17, 2018

Repayment status

On Time

Projected term

6 weeks

Lenders

Dave Bogard

New York, United States

SteveFylde

United Kingdom

W

Wade

United States

TH

tom hd

United Kingdom

Cyrus Santiago

Calapan City, Philippines

RC

Rudi Chen

United States

Paul Buchheit

Mountain View, United States

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