Buy a commercial laundry machine

Graceann

Nairobi, Kenya

100% paid forward

Entrepreneur

Name

Graceann

Member since

January 2017

On-time repayments

232 installments  •  82%

About Me

I am a first born in a family of seven children. Being a first born from a humble family, I had the responsibility of looking after my siblings as my parents went to work in coffee farms. I missed school my times to take care of house chores and lack of school fees.
To support my siblings and pay my school fees, I started selling green vegetables, making baskets and cooking chapatis for sale. I spent any free time during the day and evenings to study and I managed to do well in my studies both in primary and proceeded to secondary school and passed well. Through the businesses I was doing, I managed to take a course in dress making which helped to get a casual job in a dress making shop. From my wages, I saved money to start a food kiosk. Earnings from this kiosk has helped raise my three children, two boys and one girl.

My Business

I run a food kiosk where I sell foodstuffs such as madodo, mandathi, chapati, tea , githeri at mikimo to bodaboda operators, hawkers and workers at construction sites. There are a lot of people who are constructing new buildings as well as renovating old buildings thus employing a large number of casual labourers whom are my customers and I will be providing their meals like breakfast, lunch and 4 o'clock tea. I choose this business out of interest in cooking and providing services to people. Slot of expenses are on ingredients such as maize, beans, wheat flour, sugar, milk, potatoes, water, electricity, charcoal and house rent. My production and marketing cost is currently 65% of total sales and profits is 35%. I reinvest 60% of profit , 20% of profit goes to paying school fees and the other 20% goes to home improvement.

Project Proposal

I will use the funds to buy a laundry machine to further diversify my business. I have identified a need gap for young working mothers with young children and no house helps. They take their young one for baby sitting and play groups but the task of washing clothes is still a challenge. I intend to fill that gap by doing the laundry for them at a fee

Feedback

1

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  • Mary    Apr 26, 2017

    Wonderful Borrower. I would gladly help fund another loan for Graceann!!

    Log in to reply • Share


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Project Info

Project Type

Pay It Forward

Disbursed amount

$360.00

Date disbursed

Mar 2, 2023

Backers

ATrain

Nashville, United States

Lucy

Embakasi, Kenya

Dave Bogard

New York, United States

Joseph

Githurai Kimbo, Kenya

Kelvin

Kesses, Kenya

Brenda

Nairobi, Kenya

Wilfred

Nairobi, Kenya

LM

Lee Montecucco

Washington State, United States

Ryan Agnew

Australia

Windari

Lampung, Indonesia

Dennis

Sega, Kenya

Samuel

Lagos, Nigeria

A

Anonymous

United States

E

Erica

United States

Sunday

Lagos, Nigeria

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