Due to back to school i want to increase the stock of stationary i.e exercise books and novels and increase the stock o...

Daniel

Kikuyu Town, Kenya

70% repaid

Entrepreneur

Name

Daniel

Member since

January 2014

On-time repayments

41 installments  •  44%

About Me

My names are Daniel Mwangi, a husband and a father of two children’s I live in Kikuyu town. I live in Kenya, central province, kikuyu town near law court, I reached form four as my highest level of education and I got C+ as my mean grade. After form four I did computer packages and after completing, I applied job in a supermarket. I did not join college or university because my parents were not well enough to educate me and my other brothers who were still in school. I was employed in a supermarket as a supermarket attendant where I gained experience of marketing and selling and also leant communication skills with customers .Though my saving I managed to open my own shop where buy started selling detergents cosmetics food stuff and other more.

My Business

My business primary deals with selling of detergents like soaps, washing powder, cosmetics like jells, lotions, face cream, hair gels and some antiseptic, food stuff like maize meal, wheat four and tea leaves among others. The demand of this goods is very high because they are the things that people require every day. I take my customers as my boss because if do not serve them with the goods they require I cannot get my dairy bread. My customers prefer my businesses to the competition because am always neat and have curtsey on them and ensure that I always serve them with the best quality of goods. If you will access me with the loan I will increase my shop stokes and renovates the shelves so that they can stoke more goods. My business is profitable because I have being doing it for the last three years.

Loan Proposal

It will enable me to have more customers hence increasing my profit through selling the books that I will purchase with the money.Also it will enable me to buy other things like toothpaste, tooth brush shoe polish, shoes brush and increase the cosmetics varieties which are first moving and profitable.This is because my business is located nest to Kikuyu township high school, Kikuyu primary school and other school which are located within the town. Due to high competition in other shops I will make sure I have served my customers to the best of my ability so that to increase the sales hence making more profit.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$45.00

Date disbursed

Feb 4, 2014

Repayment status

Late

Projected term

9 months

Lenders

investor

Candiac, Canada

T

ToddK

Indianapolis, IN, USA, United States

joaoferraz

RINCHOA, Portugal

C

cranejoad

cazenovia, United States

Matching Fund

Sterling, United States

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