Business restocking of vegetables to sell in provisions store

Kennedy Ndeto

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Kennedy Ndeto

Member since

May 2021

On-time repayments

26 installments  •  35%

About Me

Am Kennedy Ndeto from Nairobi Kenya. Am the firstborn of peasant farmers with four other siblings. I grew up in the eastern part of our country I.e kangundo in Machakos county. Schooling in the late 80s and 90s in all rural Kenya was an uphill task. I was not an exception. From trekking barefooted for kilometers, tattered uniforms, and the hunger pangs but I overcame these and did my eight years primary and four years secondary education. I dint perform very well in my high school hence I remained home helping my peasant farmers until I was employed by the Government of Kenya as a public servant. After I married and started a family expenses kept raising unable to be covered by my salary. I opened a small vegetable business to support my wife and partner to raise our three children but which has have been hit hard by the corona pandemic. Hopefully, I can get some funding which I plan to pay using my small salary and raise steadily again to a more meaningful business.

My Business

I Am employed by GOK as a public servant.
Again, I have a small vegetable vending business in partnership with my wife. We sell tomatoes, Kales, cabbages and few fruits within our neighborhood. We choose this business because its low startup capital and the few government licenses required. Currently, most of the profits from this carter for our family needs like rent, food, electricity and water, and school fees.

Loan Proposal

A small percentage will be used to prepare my daughter who is joining high school and the rest to increase the stock to see if I can raise the profits by a margin of 2%

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$53.99

Date disbursed

Jul 14, 2021

Repayment status

On Time

Projected term

4 weeks

Cost to entrepreneur

Service fee: $2.52

Lenders

KM

Kent McIntosh

California, United States

Ask Kennedy a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...