Buy sugar and cooking oil in bulk for my grocery shop

Grace Njoki

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Grace Njoki

Member since

November 2016

On-time repayments

139 installments  •  62%

About Me

I am Grace, a mother of 1 girl who is a teenager now. I was born in Nyeri in central Kenya where I used to help my parents with household chores. I went to primary school and then proceeded to secondary school.

I later got married to my husband and relocated to Mombasa where he opened a shop business for me. I have been doing this business for the last 8 years. I relocated to Nairobi last year since there are better opportunities here.

My Business

I run a small shop (kiosk) in the city of Nairobi. My kiosk is stocked with household items such as sugar, flour, cooking oil, etc. It caters for people who do small shopping or those who do not have time to go to supermarket and malls. It is located near a residential estate and the people in the neighborhood find it very convenient to shop here.

This business provides for all my expenses like house rent, school fees for my only daughter and other necessities. I have been doing this business for the last 8years and I am glad I have kept it going despite some challenges that come along the way. I believe in honesty and hard work and I hope to diversify my business and venture in other areas like catering once I get enough capital for such investment.

Loan Proposal

I am gradually building my capacity through Zidisha loans. I am a retailer and success of my business mainly depends on the stock that I have. A good stock means more profit and convenience to my customers.

With this money, I will spend USD 45 to buy a 50 kg bag of sugar. I will use the rest to buy cooking oil. These two items are consumed by all households in my neighborhood and I expect to sell them very fast. The profit that will be realized will be used to get more stock while at the same time repaying this loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$65.00

Date disbursed

Mar 31, 2017

Repayment status

On Time

Projected term

5 months

Lenders

JimVandegriff

Trinidad, California, United States

JFais

Atlanta, United States

Paul Buchheit

Mountain View, United States

Mimobo

Schwäbisch Gmünd, Germany, Germany

PG

Paul Graham

United States

VS

Vicki Stewart

Charlotte, United States

EthicalHost

Toronto, Canada

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

A

Anonymous

United States

Mai Phuong Nguyen

Nashville, United States

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