Buy 20l jerican cooking oil for my shop
Patricia
Wote, Kenya
99% repaid
Entrepreneur
Name
Patricia
Member since
March 2017
On-time repayments
144 installments • 68%
About Me
I have been brought up by good parents but a hard life. I worked hard in school to improve poverty. I ended up getting employed immediately after finishing high school as a shopkeeper. I went ahead to learn computer skills which I use currently. I used to work small casual jobs(cultivating crops for neighbors who had money) at the age of 10years. As I was working as a shopkeeper I gained accounting skills and customer relations since my boss was so strict. I raised enough money by 2015 and was able to start a small business in the same town. Since then, I attracted attention to customers. My husband supports me too, whom we have a girl joining kindergarten soon this month.
My Business
I plan to add low investment goods in my retail shop.I have a strategy to fully stock my retail shop with all goods on demand. Notice, some of the basic commodities in Kenya their prices were increased suddenly. As a result, people have opted for cheaper food one of them being chapatis hence the baking floor and the cooking fats are in high demand. Hence I need to buy enough cooking oils and floor bundles to cater for the extra demand and leave the maize floor. Hotel guys have placed orders on my stock hence I sell too much of my food stuff to them and collect the money in the evening. I will also add cereals which is specifically maize and beans because of their increasing demand. Get ready to lend me your money and I promise to pay back more than your expectations.
Loan Proposal
Buy 20l Jerican cooking oil for my retail shop at US$30. I sell a LITRE at US $2. This gives me US $ 40 in a WEEK as marked price. This means I will have atleast US$ 10 weekly AND US$40 In a MONTH as profit. I will use my profit to pay my shop and house rent which totals to US$ 20 and support my mom saving(CHAMAS) and food expenses while at HOME.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$22.00
Date disbursed
May 6, 2017
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
Taiwan
United Kingdom
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