Buying bottled beer for my stock

Francis

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Francis

Member since

May 2018

On-time repayments

15 installments  •  73%

About Me

I am Francis Gitau, A Kenyan. Born in the year 1973 in nakuru in the great rift valley province. I studied studied my primary and secondary education in Nakuru still. I am now a businessman in nakuru. I involve myself with retail liquor sells. I live in nakuru with my wife and kids.

My Business

I buy and sell beer,wines and spirits. I have been doing this business for about five years now and business is not bad. I rent my business premise and that is my biggest challenge so far. I make a profit of between $4 to $10 a day. I use my profits on school fees and feeding my kids.

Loan Proposal

I plan Invest this loan in buying beer for my stock. I own a Pub in a busy neighbourhood of checkpoint. Biggest challenge in every business is stock. With a good stock and an attractive display I am sure of lifting my business. With a smaller stock a business becomes stagnant and everything will be hand to mouth. I intend to add stock so as to stabilise my ailing business. I have a nice business but my stock is a hindrance since It only feeds me,my wife and kids it also helps me pay kids school fees but no savings. I intend to sort for a loan that I can grow my business for future stability of the kids. I hope with your help I can stabilise my business for the betterment of my kids future. Even though this is a small amount to invest, I hope to slowly grow with you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$12.00

Date disbursed

Jun 13, 2018

Repayment status

On Time

Projected term

5 weeks

Lenders

J

Netherlands

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