Inventory of plasticware, shoes, clothes, basins and jugs for retail

David

Githunguri, Kenya

28% repaid

Entrepreneur

Name

David

Member since

March 2012

On-time repayments

83 installments  •  35%

About Me

I am David Kori. I mainly live in Embakasi Utawala with my wife and children. I am a businessman running a general shop where I sell goods for domestic consumption. I started this kind of business to help the people living around so as to ease them from walking long distance going to the center which is almost 3KM away to get domestic goods. this business has helped my family and it has enabled me to pay the school fees for my children. I have a dream to expand it and make it a big business which can employ many given to the fact that most people in our country Kenya are Jobless. this will be of economic health both to me and the country as a whole.

My Business

I mainly run a general shop where I sell Domestic goods to the people living around Embakasi Utawala Estate. I started this kind of business because was an upcoming estate and the influx of people to the area is generally high. This place is mainly resided by both the middle class people and lower class one. the place is also secure due to the presence of both the military and Administration police camps in the vicinity. the population of the area is also steady rising given to the fact that its communication network that is road, telephone, water and sewerage has been improving steadily also. this increase in population has been the key to the sustainability to my business hence the profit I do realize.My major risk comes from my competitor who have more capital to stock their shops. From the business I am capable to make a profit of Kenya shillings10000/= on a monthly basis.

Loan Proposal

Dear lenders I wish to apply a third loan to expand my business where i wish to use 500 USD to buy more stock for my shop such as goods for domestic use.I would also like to stock plastic ware for sale in my shop and introduce related products such as shoes,clothes and many more that will use a stock worth 500USD. This will increase my customer and hence increase my profit that will enable me to repay the loan.
lenders,i would also want to add more chicks in this line of business that will use 92USD.
i will appreciate if granted the loan.

Feedback

18

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,096.00

Date disbursed

Mar 30, 2014

Repayment status

Late

Projected term

14 months

Lenders

T

Tmann

Los Angeles, United States

Sideburnjack

Conroe, TX, United States

D

Delph007

Den Haag, Netherlands

S

sendai

Saint Paul, United States

carlos vendrell

Barcelona, Spain, Philippines

D

Davieboy

Melbourne, Australia

L

lenderfromquebec

Saint-raymond, Canada

F

Fiodal

Helsinki, Finland

A

awecz

Prague, Czech Republic

rodcul

Altea, Spain

J

jjonas

berlin, Germany

EmilAsker

Lomma, Sweden

R

RamonF

Zurich, Switzerland

kickerofelves

Sao Paulo, Brazil

W

wordelsue

MIDWEST, United States

Cloudways

Malta, Malta

P

planespotter

Berlin, Germany

ads68

Melbourne, Australia

M

michaelangers

Toronto, Canada

S

Simbaz

Torino, Italy

Y

Yevrahs

Dallas, Texas, United States

R

ramlax

Kalamazoo, United States

E

erogers

Vancouver, Canada

Vintagebeeinc

Youngsville NC, United States

Westbye

Førde, Norway

camilberlin

Berlin, Germany

K

KnutG

Bergen, Norway

calvero

Bergen, Norway

Hedwich

Gorssel, Netherlands

Zal0m0n

Atlantis!!!! x), Mauritania

Sarasota

Sarasota, Fl, United States

E

Escalada

Bakersfield, CA, United States

A

andrewpbrett

United States

Matching Fund

Sterling, United States

P

Peaches

United States

M

mb210047

Miamisburg, OH, United States

cc5alive

Los Angeles, United States

W

whlaing

United States

S

syanne717

Philippines

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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